Insider Buying: Income Opportunity Realty Investors (NYSEAMERICAN:IOR) Major Shareholder Acquires 1,300 Shares of Stock

Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) major shareholder Realty Invest Transcontinental acquired 1,300 shares of Income Opportunity Realty Investors stock in a transaction dated Tuesday, June 23rd. The stock was acquired at an average cost of $17.88 per share, with a total value of $23,244.00. Following the completion of the transaction, the insider directly owned 3,462,147 shares of the company’s stock, valued at $61,903,188.36. This trade represents a 0.04% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own 10% or more 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 Monday, June 22nd, Realty Invest Transcontinental purchased 1,500 shares of Income Opportunity Realty Investors stock. The stock was bought at an average cost of $17.75 per share, with a total value of $26,625.00.
• On Thursday, June 18th, Realty Invest Transcontinental purchased 352 shares of Income Opportunity Realty Investors stock. The stock was bought at an average price of $17.85 per share, for a total transaction of $6,283.20.
• On Tuesday, June 16th, Realty Invest Transcontinental acquired 1,653 shares of Income Opportunity Realty Investors stock. The shares were bought at an average cost of $17.76 per share, with a total value of $29,357.28.
• On Monday, June 15th, Realty Invest Transcontinental purchased 1,517 shares of Income Opportunity Realty Investors stock. The shares were purchased at an average price of $17.81 per share, for a total transaction of $27,017.77.
• On Friday, June 12th, Realty Invest Transcontinental purchased 91 shares of Income Opportunity Realty Investors stock. The stock was purchased at an average cost of $17.50 per share, with a total value of $1,592.50.
• On Thursday, June 11th, Realty Invest Transcontinental purchased 1,000 shares of Income Opportunity Realty Investors stock. The stock was purchased at an average cost of $17.80 per share, with a total value of $17,800.00.
• On Tuesday, June 9th, Realty Invest Transcontinental acquired 1,000 shares of Income Opportunity Realty Investors stock. The stock was purchased at an average price of $17.74 per share, with a total value of $17,740.00.
• On Monday, June 8th, Realty Invest Transcontinental acquired 2,000 shares of Income Opportunity Realty Investors stock. The shares were purchased at an average cost of $17.50 per share, for a total transaction of $35,000.00.
• On Friday, June 5th, Realty Invest Transcontinental acquired 2,474 shares of Income Opportunity Realty Investors stock. The shares were purchased at an average price of $17.83 per share, for a total transaction of $44,111.42.
• On Thursday, June 4th, Realty Invest Transcontinental bought 157 shares of Income Opportunity Realty Investors stock. The stock was purchased at an average price of $17.77 per share, with a total value of $2,789.89.

Income Opportunity Realty Investors Price Performance

IOR stock remained flat at $18.44 during midday trading on Monday. The company had a trading volume of 27 shares, compared to its average volume of 2,794. The firm has a market capitalization of $75.05 million, a price-to-earnings ratio of 18.63 and a beta of -0.02. Income Opportunity Realty Investors, Inc. has a 52-week low of $16.61 and a 52-week high of $19.69. The stock’s 50 day simple moving average is $17.97 and its 200-day simple moving average is $18.21.

Income Opportunity Realty Investors (NYSEAMERICAN:IOR) last announced 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 during the quarter.

Trending Headlines about Income Opportunity Realty Investors

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

About Income Opportunity Realty Investors

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.