American Realty Investors Inc. (ARL) Major Shareholder Purchases $37,253.30 in Stock
American Realty Investors Inc. (NYSE:ARL) major shareholder Realty Advisors, Llc purchased 5,602 shares of the company’s stock in a transaction that occurred on Friday, November 4th. The shares were purchased at an average price of $6.65 per share, with a total value of $37,253.30. Following the completion of the transaction, the insider now directly owns 7,887,405 shares of the company’s stock, valued at approximately $52,451,243.25. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 Wednesday, October 5th, Realty Advisors, Llc purchased 5,578 shares of American Realty Investors stock. The shares were purchased at an average price of $6.65 per share, with a total value of $37,093.70.
- 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.
Shares of American Realty Investors Inc. (NYSE:ARL) opened at 6.72 on Thursday. The stock’s market capitalization is $103.31 million. The firm has a 50-day moving average price of $7.12 and a 200 day moving average price of $6.17. American Realty Investors Inc. has a one year low of $3.89 and a one year high of $7.93.
Separately, TheStreet upgraded American Realty Investors from a “sell” rating to a “hold” rating in a report on Friday, October 21st.
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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