Nicholas Schorsch buys $19,245 worth of American Strategic Investment stock By Investing.com
Nicholas Schorsch, a significant shareholder, has recently acquired additional shares of American Strategic Investment Co. (NYSE:NYC), which InvestingPro analysis indicates is currently trading below its Fair Value. According to a recent SEC filing, Schorsch purchased a total of 2,250 shares of Class A common stock over three consecutive days. The transactions occurred on December 11, 12, and 13, 2024, with purchase prices ranging from $8.34 to $8.77 per share. The total value of these transactions amounts to $19,245. The stock, trading at just 0.25 times book value, has gained 8.5% year-to-date despite carrying a significant debt burden.
Following these acquisitions, Schorsch holds a total of 914,173 shares indirectly through…
