Realty Invest Transcontinental Purchases 21,678 Shares of Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) Stock

Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) major shareholder Realty Invest Transcontinental purchased 21,678 shares of the firm’s stock in a transaction that occurred on Wednesday, January 29th. The stock was bought at an average cost of $18.00 per share, for a total transaction of $390,204.00. Following the purchase, the insider now owns 3,403,248 shares in the company, valued at $61,258,464. This represents a 0.64 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Income Opportunity Realty Investors Price Performance

Shares of NYSEAMERICAN IOR opened at $18.14 on Thursday. Income Opportunity Realty Investors, Inc. has a 52-week low of $14.05 and a 52-week high of $19.00. The firm has a market cap of $73.83 million, a price-to-earnings ratio of 12.42 and a beta of 0.15.

Income Opportunity Realty Investors (NYSEAMERICAN:IOR) last announced its quarterly earnings results on Thursday, November 7th. The financial services provider reported $0.29 earnings per share (EPS) for the quarter.

About Income Opportunity Realty Investors

Income Opportunity Realty Investors, Inc, a Dallas-based real estate investment company, currently holds a portfolio of notes receivable. The Company invests in real estate through direct equity ownership and partnerships.