American Strategic Investment Co. (NYSE:NYC) Major Shareholder Buys $17,960.16 in Stock

American Strategic Investment Co. (NYSE:NYC) major shareholder Nicholas S. Schorsch bought 1,488 shares of the company’s stock in a transaction that occurred on Friday, February 14th. The stock was bought at an average cost of $12.07 per share, for a total transaction of $17,960.16. Following the completion of the transaction, the insider now directly owns 968,095 shares in the company, valued at approximately $11,684,906.65. The trade was a 0.15 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

American Strategic Investment Price Performance

NYSE NYC opened at $11.61 on Thursday. The company has a fifty day moving average of $9.50 and a two-hundred day moving average of $9.09. American Strategic Investment Co. has a 1 year low of $5.46 and a 1 year high of $12.52. The company has a market capitalization of $30.87 million, a PE ratio of -0.14 and a beta of 0.15.

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.