Key Points
- Nicholas Schorsch bought 1,365 shares on Jan. 23 at $10.38 each for $14,168.70, increasing his direct stake to 1,067,292 shares (a 0.13% ownership rise) valued at about $11.08 million.
- The company shows weak fundamentals—last quarter EPS of ($3.23), a negative net margin (~-40.9%) and negative ROE (~-97%)—and has a consensus Sell rating, with Weiss Ratings reiterating a "sell (D-)."
- Shares opened at $9.98 (50‑day MA $8.36, 200‑day MA $10.10), market cap ~$26.63 million, 1‑year range $7.03–$16.30, and the firm owns a portfolio of commercial real estate in New York City.
American Strategic Investment Co. (NYSE:NYC - Get Free Report) major shareholder Nicholas Schorsch bought 1,365 shares of the business's stock in a transaction on Friday, January 23rd. The shares were acquired at an average cost of $10.38 per share, for a total transaction of $14,168.70. Following the purchase, the insider directly owned 1,067,292 shares in the company, valued at $11,078,490.96. This represents a 0.13% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Major shareholders that own 10% or more of a company's stock are required to disclose their sales and purchases with the SEC.
American Strategic Investment Stock Performance
Shares of NYSE NYC opened at $9.98 on Friday. The stock has a fifty day moving average price of $8.36 and a two-hundred day moving average price of $10.10. The firm has a market cap of $26.63 million, a P/E ratio of -1.14 and a beta of 0.19. American Strategic Investment Co. has a 1 year low of $7.03 and a 1 year high of $16.30. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.04 and a current ratio of 0.04.
American Strategic Investment (NYSE:NYC - Get Free Report) last posted its quarterly earnings results on Wednesday, November 19th. The company reported ($3.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.76) by ($1.47). American Strategic Investment had a negative net margin of 40.92% and a negative return on equity of 97.07%. The company had revenue of $12.27 million during the quarter, compared to the consensus estimate of $14.26 million.
Analysts Set New Price Targets
Separately, Weiss Ratings reiterated a "sell (d-)" rating on shares of American Strategic Investment in a research note on Wednesday. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of "Sell".
View Our Latest Research Report on American Strategic Investment
American Strategic Investment Company Profile
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American Strategic Investment Co (NYSE: NYC) owns a portfolio of high-quality commercial real estate located within the five boroughs of New York City.
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