Insider Buying: American Strategic Income Portfolio Portfolio Manager Purchases 6,900 Shares of Stock (ASP)
American Strategic Income Portfolio (NYSE:ASP) Portfolio Manager John G. Wenker acquired 6,900 shares of the stock on the open market in a transaction dated Monday, May 5th. The stock was purchased at an average cost of $10.05 per share, for a total transaction of $69,345.00. Following the completion of the purchase, the portfolio manager now directly owns 6,900 shares in the company, valued at approximately $69,345. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of American Strategic Income Portfolio (NYSE:ASP) traded up 0.59% on Wednesday, hitting $10.19. 16,277 shares of the company’s stock traded hands. American Strategic Income Portfolio has a 52-week low of $8.70 and a 52-week high of $11.71. The stock’s 50-day moving average is $9.82 and its 200-day moving average is $9.66.
American Strategic Income Portfolio Inc (NYSE:ASP) invests in mortgage-related assets that directly or indirectly represent a participation in or are secured by and payable from mortgage loans.
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