American Strategic Investment Co. (NYSE:NYC) Major Shareholder Nicholas S. Schorsch Buys 1,367 Shares of Stock

American Strategic Investment Co. (NYSE:NYC) major shareholder Nicholas S. Schorsch purchased 1,367 shares of the company’s stock in a transaction that occurred on Friday, January 17th. The shares were purchased at an average cost of $9.21 per share, with a total value of $12,590.07. Following the completion of the purchase, the insider now owns 939,187 shares in the company, valued at $8,649,912.27. This trade represents a 0.15 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

American Strategic Investment Price Performance

American Strategic Investment stock opened at $8.88 on Friday. American Strategic Investment Co. has a 1-year low of $5.46 and a 1-year high of $10.91. The company’s 50-day moving average is $8.70 and its 200 day moving average is $8.91.

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.