Income Opportunity Realty Investors (NYSEAMERICAN:IOR) Major Shareholder Realty Invest Transcontinental Purchases 3,000 Shares

Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) major shareholder Realty Invest Transcontinental purchased 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The shares were purchased at an average price of $17.94 per share, with a total value of $53,820.00. Following the completion of the transaction, the insider directly owned 3,443,529 shares of the company’s stock, valued at $61,776,910.26. This represents a 0.09% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Realty Invest Transcontinental also recently made the following trade(s):

• On Tuesday, May 26th, Realty Invest Transcontinental bought 1,700 shares of Income Opportunity Realty Investors stock. The stock was bought at an average price of $17.89 per share, with a total value 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 price of $17.95 per share, with a total value 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 price of $17.77 per share, with a total value of $6,237.27.
• On Friday, May 8th, Realty Invest Transcontinental bought 2 shares of Income Opportunity Realty Investors stock. The shares were purchased at an average cost of $17.75 per share, for a total transaction of $35.50.
• On Thursday, May 7th, Realty Invest Transcontinental bought 1,520 shares of Income Opportunity Realty Investors stock. The shares were purchased at an average cost of $17.86 per share, for a total transaction of $27,147.20.
• On Monday, March 30th, Realty Invest Transcontinental bought 2 shares of Income Opportunity Realty Investors stock. The shares were purchased at an average cost of $17.75 per share, for a total transaction of $35.50.
• On Friday, March 27th, Realty Invest Transcontinental bought 40 shares of Income Opportunity Realty Investors stock. The shares were purchased at an average cost of $17.75 per share, for a total transaction of $710.00.

Income Opportunity Realty Investors Stock Performance

IOR remained flat at $18.00 during mid-day trading on Thursday. The company had a trading volume of 60 shares, compared to its average volume of 793. The firm’s fifty day moving average price is $18.06 and its two-hundred day moving average price is $18.27. Income Opportunity Realty Investors, Inc. has a 1 year low of $16.85 and a 1 year high of $19.69. The company has a market cap of $73.26 million, a P/E ratio of 18.18 and a beta of -0.01.

Income Opportunity Realty Investors (NYSEAMERICAN:IOR) last posted its earnings results on Thursday, May 7th. The financial services provider reported $0.25 earnings per share (EPS) for the quarter. The firm had revenue of $1.38 million for the quarter.

Income Opportunity Realty Investors Company Profile

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.