Insider Buying: Transcontinental Realty Investors (NYSE:TCI) Major Shareholder Buys $27,147.20 in Stock

Transcontinental Realty Investors, Inc. (NYSE:TCI) major shareholder Realty Invest Transcontinental bought 1,520 shares of Transcontinental Realty Investors stock in a transaction that occurred on Thursday, May 7th. The stock was purchased at an average price of $17.86 per share, for a total transaction of $27,147.20. Following the acquisition, the insider directly owned 3,445,049 shares of the company’s stock, valued at $61,528,575.14. The trade was a 0.04% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own more than 10% of a company’s stock 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 bought 1,700 shares of Transcontinental Realty Investors stock. The stock was purchased at an average price of $17.89 per share, for a total transaction of $30,413.00.
• On Thursday, May 21st, Realty Invest Transcontinental bought 2,002 shares of Transcontinental Realty Investors stock. The stock was purchased at an average price of $17.95 per share, for a total transaction of $35,935.90.
• On Wednesday, May 20th, Realty Invest Transcontinental bought 351 shares of Transcontinental Realty Investors stock. The stock was purchased at an average price of $17.77 per share, for a total transaction of $6,237.27.
• On Friday, May 8th, Realty Invest Transcontinental bought 2 shares of Transcontinental Realty Investors stock. The stock was purchased at an average price of $17.75 per share, for a total transaction of $35.50.
• On Tuesday, May 5th, Realty Invest Transcontinental bought 3,000 shares of Transcontinental Realty Investors stock. The stock was purchased at an average price of $17.94 per share, for a total transaction of $53,820.00.
• On Monday, March 30th, Realty Invest Transcontinental bought 2 shares of Transcontinental Realty Investors stock. The stock was purchased at an average price of $17.75 per share, for a total transaction of $35.50.
• On Friday, March 27th, Realty Invest Transcontinental bought 40 shares of Transcontinental Realty Investors stock. The stock was purchased at an average price of $17.75 per share, for a total transaction of $710.00.

Transcontinental Realty Investors Trading Down 2.1%

Shares of Transcontinental Realty Investors stock opened at $36.80 on Friday. Transcontinental Realty Investors, Inc. has a twelve month low of $31.48 and a twelve month high of $59.65. The stock has a market capitalization of $317.95 million, a P/E ratio of 33.76 and a beta of 0.54. The business’s fifty day moving average price is $37.03 and its 200 day moving average price is $44.16.

Transcontinental Realty Investors (NYSE:TCI) last issued its earnings results on Thursday, May 7th. The real estate investment trust reported $0.02 earnings per share for the quarter. Transcontinental Realty Investors had a negative return on equity of 0.02% and a net margin of 18.94%.The firm had revenue of $12.34 million for the quarter.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of TCI. Russell Investments Group Ltd. lifted its stake in shares of Transcontinental Realty Investors by 85.7% during the second quarter. Russell Investments Group Ltd. now owns 739 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 341 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of Transcontinental Realty Investors during the fourth quarter worth about $33,000. MAI Capital Management purchased a new stake in shares of Transcontinental Realty Investors during the third quarter worth about $42,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Transcontinental Realty Investors by 43.9% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,032 shares of the real estate investment trust’s stock worth $44,000 after acquiring an additional 315 shares during the last quarter. Finally, Bank of America Corp DE increased its position in shares of Transcontinental Realty Investors by 47.9% during the second quarter. Bank of America Corp DE now owns 1,310 shares of the real estate investment trust’s stock worth $56,000 after acquiring an additional 424 shares during the last quarter.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Wall Street Zen upgraded Transcontinental Realty Investors to a “sell” rating in a report on Saturday, May 9th. Weiss Ratings cut Transcontinental Realty Investors from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, May 11th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

More Transcontinental Realty Investors News

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

• Positive Sentiment: Major shareholder Realty Invest Transcontinental disclosed another purchase of 1,520 shares at $17.86 each, adding to a recent pattern of insider accumulation that may signal confidence in Transcontinental Realty Investors (NYSE: TCI). Article Title
• Positive Sentiment: The same major shareholder has made multiple recent purchases, including 1,700, 2,002, 351, 2, and 3,000 shares, reinforcing a steady insider-buying trend that investors often view as a bullish sign. Article Title
• Neutral Sentiment: TCI recently reported quarterly EPS of $0.02 on revenue of $12.34 million, with an 18.94% net margin but a slightly negative return on equity, which makes the operating picture mixed. Article Title
• Negative Sentiment: Analyst sentiment remains cautious, with a consensus Sell rating still in place, which could limit enthusiasm for the shares despite the insider buying. Article Title

About Transcontinental Realty Investors

Transcontinental Realty Investors, Inc is a publicly traded real estate investment company listed on the NYSE under the ticker TCI. The company specializes in the acquisition, ownership and operation of neighborhood and community shopping centers. Its core focus is on open?air retail properties anchored by grocery stores, pharmacies and national discount retailers, providing stable tenant demand and long?term lease structures.

The firm’s portfolio comprises a diversified collection of retail shopping centers located primarily in the Midwest and Southern regions of the United States.