Transcontinental Realty Investors, Inc. (NYSE:TCI – Get Free Report) major shareholder Realty Invest Transcontinental bought 2,474 shares of Transcontinental Realty Investors stock in a transaction dated Friday, June 5th. The stock was purchased at an average price of $17.83 per share, with a total value of $44,111.42. Following the purchase, the insider directly owned 3,451,735 shares in the company, valued at approximately $61,544,435.05. This trade represents a 0.07% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Major shareholders that own more than 10% of a company’s shares 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 Transcontinental Realty Investors stock. The shares were purchased at an average price of $17.88 per share, for a total transaction of $23,244.00.
- On Monday, June 22nd, Realty Invest Transcontinental acquired 1,500 shares of Transcontinental Realty Investors stock. The stock was purchased at an average price 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 stock was acquired at an average cost of $17.85 per share, for a total transaction of $6,283.20.
- On Tuesday, June 16th, Realty Invest Transcontinental bought 1,653 shares of Transcontinental Realty Investors stock. The shares were acquired at an average price of $17.76 per share, for a total transaction of $29,357.28.
- On Monday, June 15th, Realty Invest Transcontinental purchased 1,517 shares of Transcontinental Realty Investors stock. The stock was acquired at an average cost of $17.81 per share, with a total value of $27,017.77.
- On Friday, June 12th, Realty Invest Transcontinental purchased 91 shares of Transcontinental Realty Investors stock. The stock was acquired at an average price of $17.50 per share, for a total transaction of $1,592.50.
- On Thursday, June 11th, Realty Invest Transcontinental purchased 1,000 shares of Transcontinental Realty Investors stock. The stock was acquired at an average price of $17.80 per share, for a total transaction of $17,800.00.
- On Tuesday, June 9th, Realty Invest Transcontinental acquired 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 acquired 2,000 shares of Transcontinental Realty Investors stock. The stock was acquired at an average price of $17.50 per share, with a total value of $35,000.00.
- On Thursday, June 4th, Realty Invest Transcontinental bought 157 shares of Transcontinental Realty Investors stock. The shares were bought at an average price of $17.77 per share, for a total transaction of $2,789.89.
Transcontinental Realty Investors Trading Down 4.0%
Shares of NYSE:TCI traded down $1.96 on Monday, reaching $46.51. 10,409 shares of the company were exchanged, compared to its average volume of 5,344. The company has a 50-day moving average of $38.71 and a 200-day moving average of $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.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on TCI shares. Wall Street Zen raised Transcontinental Realty Investors to a “sell” rating in a report on Saturday, May 9th. Weiss Ratings upgraded Transcontinental Realty Investors from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, June 12th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.
Read Our Latest Analysis on TCI
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the business. Russell Investments Group Ltd. raised its holdings in shares of Transcontinental Realty Investors by 85.7% in the second quarter. Russell Investments Group Ltd. now owns 739 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 341 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in Transcontinental Realty Investors in the 4th quarter worth about $33,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings 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 increased its stake in shares of 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 valued at $56,000 after acquiring an additional 424 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of Transcontinental Realty Investors during the 2nd quarter worth about $68,000.
Key Transcontinental Realty Investors News
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.
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.
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