Insider Buying: MacKenzie Realty Capital, Inc. (NASDAQ:MKZR) CEO Acquires 10,000 Shares of Stock

MacKenzie Realty Capital, Inc. (NASDAQ:MKZR) CEO Robert E. Dixon purchased 10,000 shares of MacKenzie Realty Capital stock in a transaction on Tuesday, March 18th. The stock was bought at an average price of $1.85 per share, with a total value of $18,500.00. Following the transaction, the chief executive officer now owns 102,263 shares of the company’s stock, valued at approximately $189,186.55. This represents a 10.84 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

MacKenzie Realty Capital Price Performance

Shares of MKZR opened at $1.76 on Thursday. MacKenzie Realty Capital, Inc. has a 52 week low of $1.05 and a 52 week high of $6.07. The stock has a 50-day moving average of $2.16.

Institutional Trading of MacKenzie Realty Capital

Institutional investors have recently made changes to their positions in the business. Atomi Financial Group Inc. purchased a new stake in shares of MacKenzie Realty Capital during the fourth quarter worth about $225,000. World Equity Group Inc. purchased a new stake in shares of MacKenzie Realty Capital during the fourth quarter worth about $36,000. Juncture Wealth Strategies LLC purchased a new stake in shares of MacKenzie Realty Capital during the fourth quarter worth about $42,000. Sageworth Trust Co purchased a new stake in shares of MacKenzie Realty Capital during the fourth quarter worth about $71,000. Finally, Ashton Thomas Private Wealth LLC purchased a new stake in shares of MacKenzie Realty Capital during the fourth quarter worth about $32,000.

MacKenzie Realty Capital Company Profile

MacKenzie Realty Capital Inc is a REIT which focused on investing in multifamily housing and office real estate properties located principally in the United States. MacKenzie Realty Capital Inc is based in ORINDA, Calif.