Nicholas S. Schorsch Buys 1,488 Shares of American Strategic Investment Co. (NYSE:NYC) Stock

American Strategic Investment Co. (NYSE:NYC) major shareholder Nicholas S. Schorsch purchased 1,488 shares of the stock in a transaction that occurred on Wednesday, February 12th. The shares were bought at an average cost of $11.19 per share, for a total transaction of $16,650.72. Following the acquisition, the insider now owns 965,119 shares of the company’s stock, valued at approximately $10,799,681.61. The trade was a 0.15 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

American Strategic Investment Trading Up 6.2 %

American Strategic Investment stock opened at $12.00 on Friday. The stock has a 50 day moving average of $9.29 and a two-hundred day moving average of $9.02. American Strategic Investment Co. has a twelve month low of $5.46 and a twelve month high of $12.52. The stock has a market capitalization of $31.97 million, a price-to-earnings ratio of -0.14 and a beta of 0.15.

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.