Insider Buying: American Strategic Investment Co. (NYSE:NYC) Major Shareholder Purchases $11,928.63 in Stock

American Strategic Investment Co. (NYSE:NYCGet Free Report) major shareholder Nicholas S. Schorsch purchased 1,321 shares of the stock in a transaction on Monday, January 6th. The stock was acquired at an average cost of $9.03 per share, with a total value of $11,928.63. Following the acquisition, the insider now owns 928,389 shares of the company’s stock, valued at approximately $8,383,352.67. This represents a 0.14 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

American Strategic Investment Stock Up 2.8 %

NYC stock opened at $9.09 on Friday. The firm has a 50 day moving average of $8.70 and a 200 day moving average of $8.92. The stock has a market capitalization of $24.22 million, a PE ratio of -0.11 and a beta of 0.12. American Strategic Investment Co. has a 52 week low of $5.46 and a 52 week high of $10.91.

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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