Insider Buying: American Strategic Investment Co. (NYSE:NYC) Major Shareholder Acquires 1,403 Shares of Stock

American Strategic Investment Co. (NYSE:NYC - Get Free Report) major shareholder Nicholas S. Schorsch bought 1,403 shares of American Strategic Investment stock in a transaction that occurred on Wednesday, April 2nd. The shares were acquired at an average cost of $11.73 per share, for a total transaction of $16,457.19. Following the completion of the transaction, the insider now directly owns 979,701 shares in the company, valued at $11,491,892.73. This represents a 0.14 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Major shareholders that own more than 10% of a company's stock are required to disclose their sales and purchases with the SEC.

American Strategic Investment Stock Performance

Shares of NYC stock opened at $11.74 on Thursday. American Strategic Investment Co. has a fifty-two week low of $5.46 and a fifty-two week high of $12.52. The firm has a market capitalization of $30.92 million, a price-to-earnings ratio of -0.14 and a beta of 0.13. The stock's 50-day simple moving average is $10.47 and its 200-day simple moving average is $9.41.




American Strategic Investment (NYSE:NYC - Get Free Report) last released its earnings results on Wednesday, March 19th. The company reported ($2.60) earnings per share for the quarter, missing the consensus estimate of ($2.06) by ($0.54). The company had revenue of $14.89 million for the quarter, compared to analysts' expectations of $14.74 million. American Strategic Investment had a negative return on equity of 17.68% and a negative net margin of 334.85%.

American Strategic Investment Company Profile

(Get Free Report)

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

Recommended Stories

Insider Buying and Selling by Quarter for American Strategic Investment (NYSE:NYC)

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to contact@insidertrades.com.

Insider Buying or Selling at American Strategic Investment?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for American Strategic Investment and related companies.
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.
From Our Partners

Most Read This Month

Recent Articles