American strategic investment sees $22,451 in stock purchases By Investing.com
In recent transactions, American Strategic Investment Co. (NYSE:NYC) saw significant stock purchases by Nicholas S. Schorsch and affiliated entities. On December 16, 17, and 18, a total of 2,517 shares of Class A common stock were acquired, amounting to $22,451. The purchases were made at prices ranging from $8.78 to $9.01 per share. According to InvestingPro data, the company currently trades at a significant discount to its Fair Value, though it maintains a weak overall financial health score.
Nicholas S. Schorsch, a prominent figure in the company, is the sole managing member of Bellevue Capital Partners (WA:), LLC, which is intricately connected to the transactions. Bellevue Capital Partners, along with AR Global Investments, LLC…