American Strategic Investment Co. (NYSE:NYC) Major Shareholder Nicholas S. Schorsch Acquires 1,469 Shares

American Strategic Investment Co. (NYSE:NYC) major shareholder Nicholas S. Schorsch acquired 1,469 shares of the business’s stock in a transaction on Wednesday, February 5th. The stock was acquired at an average price of $10.46 per share, with a total value of $15,365.74. Following the transaction, the insider now directly owns 957,717 shares of the company’s stock, valued at $10,017,719.82. This represents a 0.15 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

American Strategic Investment Trading Up 1.6 %

Shares of NYSE NYC opened at $10.72 on Friday. The firm has a 50-day moving average price of $9.01 and a 200 day moving average price of $8.93. American Strategic Investment Co. has a 52 week low of $5.46 and a 52 week high of $11.25.

American Strategic Investment (NYSE:NYC) last announced its quarterly earnings results 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 return on equity of 17.68% and a negative net margin of 334.85%. The business had revenue of $15.45 million for the quarter, compared to analyst estimates of $15.71 million. During the same quarter in the previous year, the company earned ($0.48) EPS.

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.