Key Points
- Major shareholder Realty Invest Transcontinental bought 1,700 shares of Income Opportunity Realty Investors at $17.89 each, spending about $30,413. Following the purchase, it held 3,449,104 shares worth roughly $61.7 million.
- The filing also shows a pattern of recent insider buying, with multiple purchases made in May and late March at prices mostly around $17.75 to $17.95 per share.
- Income Opportunity Realty Investors last reported quarterly EPS of $0.25 on revenue of $1.38 million, and the stock recently traded near $18 with a market cap of about $73.26 million.
Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR - Get Free Report) major shareholder Realty Invest Transcontinental acquired 1,520 shares of Income Opportunity Realty Investors stock in a transaction that occurred on Thursday, May 7th. The stock was acquired at an average cost of $17.86 per share, with a total value of $27,147.20. Following the purchase, the insider directly owned 3,445,049 shares of the company's stock, valued at $61,528,575.14. This represents a 0.04% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Major shareholders that own more than 10% of a company's shares are required to disclose their sales and purchases with the SEC.
Realty Invest Transcontinental also recently made the following trade(s):
- On Tuesday, May 26th, Realty Invest Transcontinental purchased 1,700 shares of Income Opportunity Realty Investors stock. The shares were acquired at an average cost of $17.89 per share, for a total transaction of $30,413.00.
- On Thursday, May 21st, Realty Invest Transcontinental purchased 2,002 shares of Income Opportunity Realty Investors stock. The shares were acquired at an average cost of $17.95 per share, for a total transaction of $35,935.90.
- On Wednesday, May 20th, Realty Invest Transcontinental purchased 351 shares of Income Opportunity Realty Investors stock. The shares were acquired at an average cost of $17.77 per share, for a total transaction of $6,237.27.
- On Friday, May 8th, Realty Invest Transcontinental purchased 2 shares of Income Opportunity Realty Investors stock. The shares were acquired at an average cost of $17.75 per share, for a total transaction of $35.50.
- On Tuesday, May 5th, Realty Invest Transcontinental purchased 3,000 shares of Income Opportunity Realty Investors stock. The shares were acquired at an average cost of $17.94 per share, for a total transaction of $53,820.00.
- On Monday, March 30th, Realty Invest Transcontinental purchased 2 shares of Income Opportunity Realty Investors stock. The shares were acquired at an average cost of $17.75 per share, for a total transaction of $35.50.
- On Friday, March 27th, Realty Invest Transcontinental purchased 40 shares of Income Opportunity Realty Investors stock. The shares were acquired at an average cost of $17.75 per share, for a total transaction of $710.00.
Income Opportunity Realty Investors Stock Performance
Shares of IOR stock opened at $18.00 on Friday. The business's fifty day simple moving average is $18.06 and its 200-day simple moving average is $18.27. The company has a market cap of $73.26 million, a PE ratio of 18.18 and a beta of -0.01. Income Opportunity Realty Investors, Inc. has a 12-month low of $16.85 and a 12-month high of $19.69.
Income Opportunity Realty Investors (NYSEAMERICAN:IOR - Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The financial services provider reported $0.25 earnings per share (EPS) for the quarter. The business had revenue of $1.38 million for the quarter.
About Income Opportunity Realty Investors
(
Get Free Report)
Income Opportunity Realty Investors, Inc is a real estate investment trust organized in October 2001 that focuses on owning, acquiring and managing income-producing retail properties. The company's portfolio primarily consists of grocery-anchored, multi-tenant retail shopping centers and strip retail centers designed to serve everyday consumer needs.
The REIT seeks out properties with solid cash flows and creditworthy anchor tenants, such as grocery and pharmacy operators, in small to mid-sized markets across the United States.
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