American Strategic Investment Co. (NYSE:NYC) Major Shareholder Purchases $15,036.75 in Stock

American Strategic Investment Co. (NYSE:NYC) major shareholder Nicholas S. Schorsch purchased 1,467 shares of the stock in a transaction that occurred on Friday, January 31st. The stock was acquired at an average cost of $10.25 per share, with a total value of $15,036.75. Following the acquisition, the insider now owns 953,310 shares in the company, valued at $9,771,427.50. The trade was a 0.15 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

American Strategic Investment Price Performance

NYSE NYC opened at $10.74 on Friday. The business’s 50 day moving average price is $8.97 and its 200-day moving average price is $8.91. American Strategic Investment Co. has a fifty-two week low of $5.46 and a fifty-two week high of $11.25.

American Strategic Investment (NYSE:NYC) last posted its quarterly earnings data on Tuesday, November 12th. The company reported ($2.62) EPS for the quarter, hitting the consensus estimate of ($2.62). American Strategic Investment had a negative net margin of 334.85% and a negative return on equity of 17.68%. The company had revenue of $15.45 million during the quarter, compared to analyst estimates of $15.71 million. During the same period in the previous year, the firm earned ($0.48) earnings per share.

American Strategic Investment Company Profile

American Strategic Investment Co (NYSE: NYC) owns a portfolio of high-quality commercial real estate located within the five boroughs of New York City.