Realty Advisors, Llc Purchases 5,578 Shares of American Realty Investors Inc. (ARL) Stock
American Realty Investors Inc. (NYSE:ARL) major shareholder Realty Advisors, Llc acquired 5,578 shares of the business’s stock in a transaction on Wednesday, October 5th. The stock was acquired at an average price of $6.65 per share, with a total value of $37,093.70. Following the acquisition, the insider now owns 7,881,803 shares in the company, valued at approximately $52,413,989.95. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
Realty Advisors, Llc also recently made the following trade(s):
- On Tuesday, September 6th, Realty Advisors, Llc purchased 5,555 shares of American Realty Investors stock. The shares were purchased at an average price of $6.65 per share, with a total value of $36,940.75.
- On Friday, August 5th, Realty Advisors, Llc purchased 5,532 shares of American Realty Investors stock. The shares were purchased at an average price of $6.65 per share, with a total value of $36,787.80.
Shares of American Realty Investors Inc. (NYSE:ARL) traded up 0.4797% during mid-day trading on Friday, hitting $7.6867. 277 shares of the stock were exchanged. The stock’s market cap is $118.18 million. The company has a 50-day moving average of $6.51 and a 200 day moving average of $5.83. American Realty Investors Inc. has a one year low of $3.89 and a one year high of $7.85.
American Realty Investors (NYSE:ARL) last issued its earnings results on Friday, August 12th. The company reported $0.16 earnings per share for the quarter. American Realty Investors had a negative net margin of 6.15% and a negative return on equity of 4.28%. On average, equities analysts predict that American Realty Investors Inc. will post ($4.60) earnings per share for the current year.
American Realty Investors Company Profile
American Realty Investors, Inc is an externally advised and managed real estate investment company that owns a diverse portfolio of income-producing properties and land held for development. The Company’s segments are commercial properties, apartments, land and other. The Company’s business is the acquisition, development and ownership of income-producing residential and commercial real estate properties.
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