Income Opportunity Realty Investors (NYSEAMERICAN:IOR) Major Shareholder Buys $53,820.00 in Stock

Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) major shareholder Realty Invest Transcontinental bought 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The shares were acquired at an average cost of $17.94 per share, for a total transaction of $53,820.00. Following the completion of the purchase, the insider owned 3,443,529 shares in the company, valued at $61,776,910.26. This trade represents a 0.09% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Large 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 Tuesday, May 26th, Realty Invest Transcontinental bought 1,700 shares of Income Opportunity Realty Investors stock. The shares were acquired at an average cost 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 Income Opportunity Realty Investors stock. The shares were 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 bought 351 shares of Income Opportunity Realty Investors stock. The shares were acquired at an average cost of $17.77 per share, for a total transaction of $6,237.27.
• On Friday, May 8th, Realty Invest Transcontinental bought 2 shares of Income Opportunity Realty Investors stock. The shares were acquired at an average cost of $17.75 per share, for a total transaction of $35.50.
• On Thursday, May 7th, Realty Invest Transcontinental bought 1,520 shares of Income Opportunity Realty Investors stock. The shares were acquired at an average cost of $17.86 per share, for a total transaction of $27,147.20.
• On Monday, March 30th, Realty Invest Transcontinental bought 2 shares of Income Opportunity Realty Investors stock. The shares were acquired 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 shares were acquired at an average cost of $17.75 per share, for a total transaction of $710.00.

Income Opportunity Realty Investors Stock Down 1.1%

Shares of IOR opened at $17.80 on Friday. Income Opportunity Realty Investors, Inc. has a fifty-two week low of $16.85 and a fifty-two week high of $19.69. The firm’s 50 day moving average price is $18.06 and its 200 day moving average price is $18.26. The company 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 announced its earnings results on Thursday, May 7th. The financial services provider reported $0.25 earnings per share for the quarter. The business 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.