MacKenzie Realty Capital, Inc. (NASDAQ:MKZR) CEO Robert E. Dixon Acquires 10,000 Shares of Stock

MacKenzie Realty Capital, Inc. (NASDAQ:MKZR) CEO Robert E. Dixon purchased 10,000 shares of the firm’s stock in a transaction that occurred on Friday, March 14th. The shares were bought at an average cost of $1.92 per share, with a total value of $19,200.00. Following the completion of the acquisition, the chief executive officer now owns 92,263 shares of the company’s stock, valued at approximately $177,144.96. This trade represents a 12.16 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

MacKenzie Realty Capital Price Performance

Shares of NASDAQ MKZR opened at $1.87 on Friday. The business’s fifty day moving average is $2.23. MacKenzie Realty Capital, Inc. has a 1-year low of $1.05 and a 1-year high of $6.07.

Institutional Investors Weigh In On MacKenzie Realty Capital

A number of hedge funds and other institutional investors have recently bought and sold shares of MKZR. Legacy Investment Solutions LLC acquired a new stake in MacKenzie Realty Capital in the fourth quarter valued at $370,000. Geode Capital Management LLC acquired a new stake in MacKenzie Realty Capital in the fourth quarter valued at $318,000. Centaurus Financial Inc. acquired a new stake in MacKenzie Realty Capital in the fourth quarter valued at $259,000. Ameriprise Financial Inc. acquired a new stake in MacKenzie Realty Capital in the fourth quarter valued at $253,000. Finally, Atomi Financial Group Inc. purchased a new position in shares of MacKenzie Realty Capital in the fourth quarter valued at $225,000.

About MacKenzie Realty Capital

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.