Income Opportunity Realty Investors (NYSEAMERICAN:IOR) Major Shareholder Purchases $44,111.42 in Stock

Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) major shareholder Realty Invest Transcontinental acquired 2,474 shares of Income Opportunity Realty Investors stock in a transaction that occurred on Friday, June 5th. The stock was purchased at an average cost of $17.83 per share, with a total value of $44,111.42. Following the completion of the purchase, the insider owned 3,451,735 shares in the company, valued at $61,544,435.05. The trade was a 0.07% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Large 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, June 23rd, Realty Invest Transcontinental bought 1,300 shares of Income Opportunity Realty Investors stock. The shares were acquired at an average cost of $17.88 per share, for a total transaction of $23,244.00.
• On Monday, June 22nd, Realty Invest Transcontinental bought 1,500 shares of Income Opportunity Realty Investors stock. The stock was acquired at an average price of $17.75 per share, with a total value of $26,625.00.
• On Thursday, June 18th, Realty Invest Transcontinental bought 352 shares of Income Opportunity Realty Investors stock. The stock was acquired at an average price of $17.85 per share, with a total value of $6,283.20.
• On Tuesday, June 16th, Realty Invest Transcontinental purchased 1,653 shares of Income Opportunity Realty Investors stock. The stock was acquired at an average cost of $17.76 per share, for a total transaction of $29,357.28.
• On Monday, June 15th, Realty Invest Transcontinental purchased 1,517 shares of Income Opportunity Realty Investors stock. The shares were acquired at an average price of $17.81 per share, for a total transaction of $27,017.77.
• On Friday, June 12th, Realty Invest Transcontinental acquired 91 shares of Income Opportunity Realty Investors stock. The shares were acquired at an average cost of $17.50 per share, with a total value of $1,592.50.
• On Thursday, June 11th, Realty Invest Transcontinental acquired 1,000 shares of Income Opportunity Realty Investors stock. The stock was acquired at an average price of $17.80 per share, with a total value of $17,800.00.
• On Tuesday, June 9th, Realty Invest Transcontinental bought 1,000 shares of Income Opportunity Realty Investors stock. The stock was acquired at an average cost of $17.74 per share, for a total transaction of $17,740.00.
• On Monday, June 8th, Realty Invest Transcontinental bought 2,000 shares of Income Opportunity Realty Investors stock. The shares were bought at an average price of $17.50 per share, for a total transaction of $35,000.00.
• On Thursday, June 4th, Realty Invest Transcontinental bought 157 shares of Income Opportunity Realty Investors stock. The shares were bought at an average price of $17.77 per share, for a total transaction of $2,789.89.

Income Opportunity Realty Investors Price Performance

Shares of IOR stock remained flat at $18.44 during trading hours on Monday. The stock had a trading volume of 27 shares, compared to its average volume of 2,794. Income Opportunity Realty Investors, Inc. has a 1-year low of $16.61 and a 1-year high of $19.69. The firm has a market cap of $75.05 million, a P/E ratio of 18.63 and a beta of -0.02. The stock has a 50-day simple moving average of $17.97 and a two-hundred day simple moving average of $18.21.

Income Opportunity Realty Investors (NYSEAMERICAN:IOR) last announced its quarterly earnings data on Thursday, May 7th. The financial services provider reported $0.25 EPS for the quarter. The company had revenue of $1.38 million for the quarter.

Key Income Opportunity Realty Investors News

Here are the key news stories impacting Income Opportunity Realty Investors this week:

• Positive Sentiment: Major shareholder Realty Invest Transcontinental bought shares repeatedly over several June trading days, including 1,300 shares at $17.88, 1,500 shares at $17.75, and additional smaller purchases. Persistent insider buying can signal confidence in Income Opportunity Realty Investors’ outlook and may be viewed favorably by investors. Article Title
• Neutral Sentiment: The disclosed transactions were relatively small in percentage terms, increasing the insider’s already large ownership only marginally. While the purchases reinforce a bullish tone, they do not materially change the company’s control structure or fundamentals. Article Title

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.