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

MacKenzie Realty Capital, Inc. (NASDAQ:MKZRGet Free Report) CEO Robert E. Dixon purchased 10,000 shares of the company’s stock in a transaction on Friday, March 14th. The stock was purchased at an average price of $1.92 per share, for a total transaction of $19,200.00. Following the purchase, the chief executive officer now directly owns 92,263 shares of the company’s stock, valued at $177,144.96. This trade represents a 12.16 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

MacKenzie Realty Capital Trading Down 6.0 %

Shares of NASDAQ:MKZR opened at $1.87 on Friday. The company has a 50 day moving average price of $2.23. MacKenzie Realty Capital, Inc. has a 52 week low of $1.05 and a 52 week high of $6.07.

Institutional Investors Weigh In On MacKenzie Realty Capital

Several large investors have recently made changes to their positions in MKZR. Legacy Investment Solutions LLC acquired a new stake in shares of MacKenzie Realty Capital in the fourth quarter valued at approximately $370,000. Geode Capital Management LLC acquired a new position in shares of MacKenzie Realty Capital during the fourth quarter valued at approximately $318,000. Centaurus Financial Inc. acquired a new position in shares of MacKenzie Realty Capital during the fourth quarter valued at approximately $259,000. Ameriprise Financial Inc. acquired a new position in shares of MacKenzie Realty Capital during the fourth quarter valued at approximately $253,000. Finally, Atomi Financial Group Inc. acquired a new position in shares of MacKenzie Realty Capital during the fourth quarter valued at approximately $225,000.

MacKenzie Realty Capital Company Profile

(Get Free Report)

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.

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