American Strategic Investment Co. (NYSE:NYC) Major Shareholder Acquires $11,717.27 in Stock

American Strategic Investment Co. (NYSE:NYCGet Free Report) major shareholder Nicholas S. Schorsch purchased 1,321 shares of American Strategic Investment stock in a transaction dated Wednesday, January 8th. The shares were purchased at an average cost of $8.87 per share, for a total transaction of $11,717.27. Following the transaction, the insider now owns 931,031 shares in the company, valued at approximately $8,258,244.97. This trade represents a 0.14 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

American Strategic Investment Stock Up 2.8 %

NYC stock opened at $9.09 on Friday. American Strategic Investment Co. has a 52-week low of $5.46 and a 52-week high of $10.91. The stock has a market cap of $24.22 million, a price-to-earnings ratio of -0.11 and a beta of 0.12. The business has a fifty day moving average of $8.70 and a two-hundred day moving average of $8.92.

About American Strategic Investment

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

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Insider Buying and Selling by Quarter for American Strategic Investment (NYSE:NYC)

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