Income Opportunity Realty Investors (NYSEAMERICAN:IOR) Major Shareholder Purchases $44,111.42 in Stock

Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) major shareholder Realty Invest Transcontinental bought 2,474 shares of Income Opportunity Realty Investors stock in a transaction dated Friday, June 5th. The shares were acquired at an average cost of $17.83 per share, for a total transaction of $44,111.42. Following the completion of the purchase, the insider directly owned 3,451,735 shares of the company’s stock, valued at approximately $61,544,435.05. This trade represents a 0.07% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Realty Invest Transcontinental also recently made the following trade(s):

• On Tuesday, June 23rd, Realty Invest Transcontinental purchased 1,300 shares of Income Opportunity Realty Investors stock. The stock was acquired at an average cost of $17.88 per share, with a total value of $23,244.00.
• On Monday, June 22nd, Realty Invest Transcontinental purchased 1,500 shares of Income Opportunity Realty Investors stock. The stock was bought at an average price of $17.75 per share, for a total transaction of $26,625.00.
• On Thursday, June 18th, Realty Invest Transcontinental acquired 352 shares of Income Opportunity Realty Investors stock. The stock was bought at an average price of $17.85 per share, with a total value of $6,283.20.
• On Tuesday, June 16th, Realty Invest Transcontinental bought 1,653 shares of Income Opportunity Realty Investors stock. The stock was bought at an average cost of $17.76 per share, with a total value of $29,357.28.
• On Monday, June 15th, Realty Invest Transcontinental purchased 1,517 shares of Income Opportunity Realty Investors stock. The shares were bought at an average price of $17.81 per share, for a total transaction of $27,017.77.
• On Friday, June 12th, Realty Invest Transcontinental purchased 91 shares of Income Opportunity Realty Investors stock. The shares were bought at an average price of $17.50 per share, for a total transaction of $1,592.50.
• On Thursday, June 11th, Realty Invest Transcontinental purchased 1,000 shares of Income Opportunity Realty Investors stock. The stock was bought at an average cost of $17.80 per share, with a total value of $17,800.00.
• On Tuesday, June 9th, Realty Invest Transcontinental bought 1,000 shares of Income Opportunity Realty Investors stock. The stock was purchased at an average price of $17.74 per share, with a total value of $17,740.00.
• On Monday, June 8th, Realty Invest Transcontinental acquired 2,000 shares of Income Opportunity Realty Investors stock. The shares were purchased at an average cost of $17.50 per share, with a total value of $35,000.00.
• On Thursday, June 4th, Realty Invest Transcontinental bought 157 shares of Income Opportunity Realty Investors stock. The shares were acquired at an average cost of $17.77 per share, with a total value of $2,789.89.

Income Opportunity Realty Investors Stock Performance

IOR stock opened at $18.40 on Thursday. The firm has a 50 day moving average price of $18.00 and a 200-day moving average price of $18.20. Income Opportunity Realty Investors, Inc. has a 52-week low of $16.61 and a 52-week high of $19.69. The firm has a market capitalization of $74.89 million, a price-to-earnings ratio of 18.59 and a beta of -0.02.

Income Opportunity Realty Investors (NYSEAMERICAN:IOR) last issued its quarterly earnings results on Thursday, May 7th. The financial services provider reported $0.25 EPS for the quarter. The company had revenue of $1.38 million during the quarter.

About Income Opportunity Realty Investors

Income Opportunity Realty Investors, Inc is a real estate investment trust organized in October 2001 that focuses on owning, acquiring and managing income-producing retail properties. The company’s portfolio primarily consists of grocery-anchored, multi-tenant retail shopping centers and strip retail centers designed to serve everyday consumer needs.

The REIT seeks out properties with solid cash flows and creditworthy anchor tenants, such as grocery and pharmacy operators, in small to mid-sized markets across the United States.