Income Opportunity Realty Investors (NYSEAMERICAN:IOR) Major Shareholder Acquires $30,413.00 in Stock

Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) major shareholder Realty Invest Transcontinental purchased 1,700 shares of Income Opportunity Realty Investors stock in a transaction on Tuesday, May 26th. The stock was acquired at an average cost of $17.89 per share, for a total transaction of $30,413.00. Following the acquisition, the insider directly owned 3,449,104 shares of the company’s stock, valued at approximately $61,704,470.56. This represents a 0.05% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Major shareholders that own at least 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 Thursday, May 21st, Realty Invest Transcontinental purchased 2,002 shares of Income Opportunity Realty Investors stock. The stock was 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 acquired 351 shares of Income Opportunity Realty Investors stock. The shares were bought at an average price of $17.77 per share, with a total value of $6,237.27.
• On Friday, May 8th, Realty Invest Transcontinental acquired 2 shares of Income Opportunity Realty Investors stock. The shares were bought at an average price of $17.75 per share, with a total value of $35.50.
• On Thursday, May 7th, Realty Invest Transcontinental bought 1,520 shares of Income Opportunity Realty Investors stock. The stock was bought at an average cost of $17.86 per share, for a total transaction of $27,147.20.
• On Tuesday, May 5th, Realty Invest Transcontinental bought 3,000 shares of Income Opportunity Realty Investors stock. The stock was bought at an average cost of $17.94 per share, for a total transaction of $53,820.00.
• On Monday, March 30th, Realty Invest Transcontinental bought 2 shares of Income Opportunity Realty Investors stock. The stock was bought 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 stock was bought at an average cost of $17.75 per share, for a total transaction of $710.00.

Income Opportunity Realty Investors Stock Performance

IOR stock opened at $17.80 on Friday. Income Opportunity Realty Investors, Inc. has a 1 year low of $16.85 and a 1 year high of $19.69. The stock’s 50 day moving average price is $18.06 and its 200 day moving average price is $18.26. The firm has a market cap of $72.45 million, a P/E ratio of 17.98 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 company had revenue of $1.38 million during 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.