Nicholas S. Schorsch Acquires 1,321 Shares of American Strategic Investment Co. (NYSE:NYC) Stock

American Strategic Investment Co. (NYSE:NYC) major shareholder Nicholas S. Schorsch acquired 1,321 shares of the firm’s stock in a transaction dated Monday, January 6th. The shares were purchased at an average cost of $9.03 per share, for a total transaction of $11,928.63. Following the acquisition, the insider now directly owns 928,389 shares in the company, valued at $8,383,352.67. This represents a 0.14 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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

Shares of NYC stock opened at $8.84 on Friday. American Strategic Investment Co. has a one year low of $5.46 and a one year high of $10.91. The stock has a fifty day moving average price of $8.70 and a 200 day moving average price of $8.92. The stock has a market cap of $23.55 million, a P/E ratio of -0.10 and a beta of 0.12.

American Strategic Investment Company Profile

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