Insider Buying: MacKenzie Realty Capital, Inc. (NASDAQ:MKZR) CEO Acquires 10,000 Shares of Stock

MacKenzie Realty Capital, Inc. (NASDAQ:MKZRGet Free Report) CEO Robert E. Dixon bought 10,000 shares of the firm’s stock in a transaction on Tuesday, March 18th. The stock was purchased at an average price of $1.85 per share, with a total value of $18,500.00. Following the transaction, the chief executive officer now owns 102,263 shares in the company, valued at $189,186.55. The trade was a 10.84 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.

MacKenzie Realty Capital Trading Down 6.4 %

Shares of MKZR traded down $0.12 during mid-day trading on Tuesday, reaching $1.76. 44,929 shares of the company’s stock traded hands, compared to its average volume of 143,532. MacKenzie Realty Capital, Inc. has a 12 month low of $1.05 and a 12 month high of $6.07. The firm’s 50-day simple moving average is $2.18.

Institutional Trading of MacKenzie Realty Capital

Hedge funds have recently added to or reduced their stakes in the business. Legacy Investment Solutions LLC acquired a new position in shares of MacKenzie Realty Capital during the fourth quarter valued at $370,000. Geode Capital Management LLC acquired a new stake in MacKenzie Realty Capital in the fourth quarter worth about $318,000. Centaurus Financial Inc. bought a new position in MacKenzie Realty Capital in the 4th quarter valued at about $259,000. Ameriprise Financial Inc. acquired a new position in MacKenzie Realty Capital during the 4th quarter valued at about $253,000. Finally, Atomi Financial Group Inc. bought a new stake in shares of MacKenzie Realty Capital during the 4th quarter worth about $225,000.

MacKenzie Realty Capital Company Profile

(Get Free Report)

MacKenzie Realty Capital Inc is a REIT which focused on investing in multifamily housing and office real estate properties located principally in the United States. MacKenzie Realty Capital Inc is based in ORINDA, Calif.

Further Reading

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