Insider Buying: Income Opportunity Realty Investors (NYSEAMERICAN:IOR) Major Shareholder Acquires $35,000.00 in Stock

Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) major shareholder Realty Invest Transcontinental bought 2,000 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was bought at an average cost of $17.50 per share, for a total transaction of $35,000.00. Following the completion of the transaction, the insider directly owned 3,453,735 shares of the company’s stock, valued at approximately $60,440,362.50. The trade was a 0.06% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed 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, June 23rd, Realty Invest Transcontinental purchased 1,300 shares of Income Opportunity Realty Investors stock. The shares were bought at an average cost of $17.88 per share, with a total value of $23,244.00.
• On Monday, June 22nd, Realty Invest Transcontinental purchased 1,500 shares of Income Opportunity Realty Investors stock. The shares were bought at an average cost of $17.75 per share, for a total transaction 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 acquired 1,517 shares of Income Opportunity Realty Investors stock. The shares were purchased at an average price of $17.81 per share, with a total value of $27,017.77.
• On Friday, June 12th, Realty Invest Transcontinental bought 91 shares of Income Opportunity Realty Investors stock. The stock was purchased at an average cost of $17.50 per share, for a total transaction of $1,592.50.
• On Thursday, June 11th, Realty Invest Transcontinental bought 1,000 shares of Income Opportunity Realty Investors stock. The stock was purchased at an average price of $17.80 per share, for a total transaction of $17,800.00.
• On Tuesday, June 9th, Realty Invest Transcontinental bought 1,000 shares of Income Opportunity Realty Investors stock. The stock was purchased at an average price of $17.74 per share, for a total transaction of $17,740.00.
• On Friday, June 5th, Realty Invest Transcontinental purchased 2,474 shares of Income Opportunity Realty Investors stock. The shares were purchased at an average cost of $17.83 per share, with a total value of $44,111.42.
• On Thursday, June 4th, Realty Invest Transcontinental purchased 157 shares of Income Opportunity Realty Investors stock. The shares were purchased at an average price of $17.77 per share, with a total value of $2,789.89.

Income Opportunity Realty Investors Price Performance

Income Opportunity Realty Investors stock opened at $18.40 on Thursday. The company has a market cap of $74.89 million, a price-to-earnings ratio of 18.59 and a beta of -0.02. Income Opportunity Realty Investors, Inc. has a 12 month low of $16.61 and a 12 month high of $19.69. The stock’s 50-day moving average is $18.00 and its 200-day moving average is $18.20.

Income Opportunity Realty Investors (NYSEAMERICAN:IOR) last issued 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.