Nicholas S. Schorsch Buys 1,488 Shares of American Strategic Investment Co. (NYSE:NYC) Stock

American Strategic Investment Co. (NYSE:NYC) major shareholder Nicholas S. Schorsch bought 1,488 shares of the stock in a transaction that occurred on Friday, February 14th. The shares were bought at an average cost of $12.07 per share, with a total value of $17,960.16. Following the completion of the purchase, the insider now directly owns 968,095 shares in the company, valued at $11,684,906.65. This represents a 0.15 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

American Strategic Investment Stock Down 4.1 %

NYC stock opened at $11.01 on Friday. The business’s 50-day moving average is $9.55 and its two-hundred day moving average is $9.10. American Strategic Investment Co. has a 1 year low of $5.46 and a 1 year high of $12.52.

About American Strategic Investment

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