American Strategic Investment Co. (NYSE:NYC) Major Shareholder Nicholas S. Schorsch Buys 1,467 Shares

American Strategic Investment Co. (NYSE:NYC) major shareholder Nicholas S. Schorsch bought 1,467 shares of the firm’s stock in a transaction dated Wednesday, January 29th. The shares were acquired at an average price of $10.07 per share, for a total transaction of $14,772.69. Following the completion of the transaction, the insider now owns 950,376 shares in the company, valued at $9,570,286.32. This represents a 0.15 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

American Strategic Investment Stock Down 2.1 %

NYSE NYC opened at $9.80 on Friday. American Strategic Investment Co. has a 1-year low of $5.46 and a 1-year high of $10.91. The stock’s 50 day moving average is $8.82 and its two-hundred day moving average is $8.86.

American Strategic Investment (NYSE:NYC) last announced its quarterly earnings results on Tuesday, November 12th. The company reported ($2.62) EPS for the quarter, meeting the consensus estimate of ($2.62). The business had revenue of $15.45 million for the quarter, compared to analyst estimates of $15.71 million. American Strategic Investment had a negative return on equity of 17.68% and a negative net margin of 334.85%. During the same quarter in the previous year, the firm earned ($0.48) EPS.

About American Strategic Investment

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