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

American Strategic Investment Co. (NYSE:NYC) major shareholder Nicholas S. Schorsch purchased 1,367 shares of the firm’s stock in a transaction dated Monday, January 13th. The shares were bought at an average price of $8.66 per share, for a total transaction of $11,838.22. Following the completion of the transaction, the insider now owns 933,719 shares of the company’s stock, valued at approximately $8,086,006.54. This trade represents a 0.15 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

American Strategic Investment Stock Up 3.7 %

Shares of NYSE:NYC opened at $9.02 on Friday. The company has a 50 day moving average of $8.70 and a 200 day moving average of $8.91. American Strategic Investment Co. has a 12 month low of $5.46 and a 12 month high of $10.91.

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.