Insider Buying: Transcontinental Realty Investors (NYSE:TCI) Major Shareholder Purchases $27,017.77 in Stock

Transcontinental Realty Investors, Inc. (NYSE:TCI) major shareholder Realty Invest Transcontinental purchased 1,517 shares of the stock in a transaction dated Monday, June 15th. The stock was acquired at an average cost of $17.81 per share, with a total value of $27,017.77. Following the transaction, the insider directly owned 3,457,343 shares in the company, valued at approximately $61,575,278.83. This trade represents a 0.04% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Major 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, June 23rd, Realty Invest Transcontinental purchased 1,300 shares of Transcontinental Realty Investors stock. The stock was bought at an average price of $17.88 per share, for a total transaction of $23,244.00.
• On Monday, June 22nd, Realty Invest Transcontinental purchased 1,500 shares of Transcontinental 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 acquired 352 shares of Transcontinental Realty Investors stock. The shares were bought at an average price of $17.85 per share, with a total value of $6,283.20.
• On Tuesday, June 16th, Realty Invest Transcontinental purchased 1,653 shares of Transcontinental Realty Investors stock. The stock was purchased at an average price of $17.76 per share, for a total transaction of $29,357.28.
• On Friday, June 12th, Realty Invest Transcontinental purchased 91 shares of Transcontinental 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 acquired 1,000 shares of Transcontinental Realty Investors stock. The stock was acquired at an average cost of $17.80 per share, with a total value of $17,800.00.
• On Tuesday, June 9th, Realty Invest Transcontinental bought 1,000 shares of Transcontinental Realty Investors stock. The shares were acquired at an average cost of $17.74 per share, for a total transaction of $17,740.00.
• On Monday, June 8th, Realty Invest Transcontinental purchased 2,000 shares of Transcontinental Realty Investors stock. The stock was acquired at an average cost of $17.50 per share, with a total value of $35,000.00.
• On Friday, June 5th, Realty Invest Transcontinental purchased 2,474 shares of Transcontinental Realty Investors stock. The shares were bought 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 Transcontinental Realty Investors stock. The stock was purchased at an average price of $17.77 per share, with a total value of $2,789.89.

Transcontinental Realty Investors Trading Down 4.0%

Shares of TCI stock traded down $1.96 during mid-day trading on Monday, reaching $46.51. The stock had a trading volume of 10,409 shares, compared to its average volume of 5,344. The business’s fifty day moving average is $38.71 and its 200-day moving average is $43.56. The firm has a market cap of $401.85 million, a price-to-earnings ratio of 42.67 and a beta of 0.49. Transcontinental Realty Investors, Inc. has a 1-year low of $31.48 and a 1-year high of $59.65.

Transcontinental Realty Investors (NYSE:TCI) last announced its quarterly earnings data on Thursday, May 7th. The real estate investment trust reported $0.02 EPS for the quarter. The business had revenue of $12.34 million during the quarter. Transcontinental Realty Investors had a net margin of 18.94% and a negative return on equity of 0.02%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. Weiss Ratings raised shares of Transcontinental Realty Investors from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, June 12th. Wall Street Zen raised shares of Transcontinental Realty Investors to a “sell” rating in a research note on Saturday, May 9th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Hedge Funds Weigh In On Transcontinental Realty Investors

A number of institutional investors and hedge funds have recently bought and sold shares of TCI. Russell Investments Group Ltd. raised its stake in 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 during the period. Kestra Advisory Services LLC purchased a new position in Transcontinental Realty Investors during the 4th quarter valued at about $33,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Transcontinental Realty Investors by 43.9% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,032 shares of the real estate investment trust’s stock valued at $44,000 after buying an additional 315 shares during the period. Bank of America Corp DE grew its stake in Transcontinental Realty Investors by 47.9% during the 2nd quarter. Bank of America Corp DE now owns 1,310 shares of the real estate investment trust’s stock worth $56,000 after purchasing an additional 424 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of Transcontinental Realty Investors during the second quarter worth approximately $68,000.

Trending Headlines about Transcontinental Realty Investors

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

• Positive Sentiment: Major shareholder Realty Invest Transcontinental has made multiple recent open-market purchases of TCI shares, suggesting insider confidence in the company’s outlook and valuation.
• Neutral Sentiment: The insider buying was disclosed in SEC filings and was relatively small as a percentage of total ownership, so it may support sentiment but is not a major fundamental catalyst.
• Neutral Sentiment: TCI’s last reported quarterly results showed modest profitability, with $0.02 EPS and $12.34 million in revenue, providing limited near-term earnings momentum.

Transcontinental Realty Investors Company Profile

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.