American Strategic Investment Co. (NYSE:NYC) Major Shareholder Nicholas S. Schorsch Buys 1,661 Shares

American Strategic Investment Co. (NYSE:NYC - Get Free Report) major shareholder Nicholas S. Schorsch purchased 1,661 shares of the stock in a transaction dated Friday, April 11th. The shares were acquired at an average price of $11.98 per share, with a total value of $19,898.78. Following the completion of the acquisition, the insider now owns 990,812 shares in the company, valued at approximately $11,869,927.76. This trade represents a 0.17 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own at least 10% of a company's stock are required to disclose their sales and purchases with the SEC.

American Strategic Investment Price Performance

• New York Community Bank stock plummets amid real estate risks

NYSE NYC opened at $11.58 on Thursday. The stock has a market capitalization of $30.50 million, a P/E ratio of -0.14 and a beta of 0.08. The firm's 50-day moving average is $10.85 and its two-hundred day moving average is $9.61. American Strategic Investment Co. has a 12 month low of $5.46 and a 12 month high of $13.59.

American Strategic Investment (NYSE:NYC - Get Free Report) last issued its quarterly earnings data on Wednesday, March 19th. The company reported ($2.60) EPS for the quarter, missing the consensus estimate of ($2.06) by ($0.54). American Strategic Investment had a negative return on equity of 17.68% and a negative net margin of 334.85%. The company had revenue of $14.89 million during the quarter, compared to analyst estimates of $14.74 million.

American Strategic Investment Company Profile

• Banking and trucking: Is the economy rolling toward troubles?

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

Further Reading

• Five stocks we like better than American Strategic Investment
• Transportation Stocks Investing
• Viking Therapeutics Stock Pops But Struggles to Hold Gains
• How to Invest in Tech Stocks and Top Tech Stocks to Consider
• Qualcomm Stock Just Earned a Fresh Buy Rating—Get Excited
• How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
• Meta Stock Holds Upside Potential as Analysts Cut Price Targets

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.

• Three High-Dividend Yield Stocks For Stable Income And Growth

More From MarketBeat

Warning: Massive IPO Predicted for May 14?

The #1 venture capitalist in America predicts that the biggest IPO in history will take place on Wednesday, Ma...

Paradigm Press | Sponsored

7 Defensive Stocks to Shield Your Portfolio from Inflation

Inflation is an unavoidable consequence of a market-based economy. In the best case, inflation is fueled by ...

MarketBeat

URGENT: Someone's Moving Gold Out of London...

People who don’t understand the gold market are about to lose a lot of money. Unfortunately, most so-called “g...

Golden Portfolio | Sponsored

7 High-Yield Dividend Stocks for Massive Passive Income in 2025

In volatile markets, it makes sense to own passive income-generating stocks. As we move into 2025, there are...

MarketBeat

This robot is coming to 65 million Americans … this year.

The Robotics Revolution has arrived. And not surprisingly, Nvidia is leading the way. Nvidia CEO Jensen ...

Weiss Ratings | Sponsored

15 Stocks Institutional Investors Are Selling Now

Hedge funds, endowments, and other institutional investors have been selling shares of these 15 stocks in the ...

MarketBeat

[FREE GIFT] New AI for retail traders

TradeAlgo has found a “backdoor way” for retail traders to profit from the AI arms race by developing its grou...

TradeAlgo | Sponsored

7 of the Best Stocks to Buy with $5,000

If you have $5,000 to put into the market, first take a moment to congratulate yourself. That's no small accom...

MarketBeat