Insider Buying: American Strategic Investment Co. (NYSE:NYC) Major Shareholder Purchases 1,367 Shares of Stock

American Strategic Investment Co. (NYSE:NYCGet Free Report) major shareholder Nicholas S. Schorsch acquired 1,367 shares of American Strategic Investment stock in a transaction on Wednesday, January 15th. The shares were bought at an average price of $9.18 per share, for a total transaction of $12,549.06. Following the completion of the purchase, the insider now directly owns 936,453 shares in the company, valued at $8,596,638.54. The trade was a 0.15 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

American Strategic Investment Stock Up 0.9 %

Shares of NYC traded up $0.08 during midday trading on Friday, hitting $8.88. The company had a trading volume of 3,353 shares, compared to its average volume of 5,214. American Strategic Investment Co. has a 52 week low of $5.46 and a 52 week high of $10.91. The company’s 50 day moving average price is $8.70 and its 200 day moving average price is $8.91. The stock has a market cap of $23.66 million, a price-to-earnings ratio of -0.10 and a beta of 0.12.

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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