Mackenzie Realty Capital (NASDAQ:MKZR) Portfolio Manager Purchases $70,840.00 in Stock

Mackenzie Realty Capital, Inc. (NASDAQ:MKZR) Portfolio Manager Christine Elizabeth Simpson purchased 14,000 shares of Mackenzie Realty Capital stock in a transaction dated Thursday, October 2nd. The stock was acquired at an average price of $5.06 per share, for a total transaction of $70,840.00. Following the completion of the transaction, the portfolio manager owned 85,855 shares in the company, valued at approximately $434,426.30. The trade was a 19.48% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Christine Elizabeth Simpson also recently made the following trade(s):

• On Friday, October 3rd, Christine Elizabeth Simpson acquired 1,000 shares of Mackenzie Realty Capital stock. The stock was purchased at an average cost of $5.10 per share, for a total transaction of $5,100.00.
• On Thursday, August 21st, Christine Elizabeth Simpson acquired 15,146 shares of Mackenzie Realty Capital stock. The stock was purchased at an average cost of $5.10 per share, for a total transaction of $77,244.60.
• On Thursday, August 14th, Christine Elizabeth Simpson acquired 20,012 shares of Mackenzie Realty Capital stock. The stock was purchased at an average cost of $4.84 per share, for a total transaction of $96,858.08.
• On Wednesday, August 13th, Christine Elizabeth Simpson acquired 2,000 shares of Mackenzie Realty Capital stock. The stock was purchased at an average cost of $4.92 per share, for a total transaction of $9,840.00.
• On Tuesday, August 12th, Christine Elizabeth Simpson acquired 1,198 shares of Mackenzie Realty Capital stock. The stock was purchased at an average cost of $4.91 per share, for a total transaction of $5,882.18.
• On Friday, August 8th, Christine Elizabeth Simpson acquired 2,000 shares of Mackenzie Realty Capital stock. The stock was purchased at an average cost of $4.44 per share, for a total transaction of $8,880.00.
• On Thursday, August 7th, Christine Elizabeth Simpson acquired 7,949 shares of Mackenzie Realty Capital stock. The stock was purchased at an average cost of $4.64 per share, for a total transaction of $36,883.36.
• On Wednesday, August 6th, Christine Elizabeth Simpson acquired 22,559 shares of Mackenzie Realty Capital stock. The stock was purchased at an average cost of $4.31 per share, for a total transaction of $97,229.29.

Mackenzie Realty Capital Stock Up 0.9%

MKZR stock opened at $5.50 on Thursday. Mackenzie Realty Capital, Inc. has a fifty-two week low of $3.89 and a fifty-two week high of $55.00. The firm’s 50-day simple moving average is $5.43 and its 200 day simple moving average is $8.26.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Mackenzie Realty Capital in a research note on Saturday, September 27th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Mackenzie Realty Capital presently has an average rating of “Sell”.

Hedge Funds Weigh In On Mackenzie Realty Capital

Large investors have recently bought and sold shares of the stock. Citadel Advisors LLC acquired a new position in Mackenzie Realty Capital during the 4th quarter valued at about $70,000. Brookwood Investment Group LLC acquired a new position in shares of Mackenzie Realty Capital in the 1st quarter worth approximately $34,000. Arkadios Wealth Advisors acquired a new position in shares of Mackenzie Realty Capital in the 1st quarter worth approximately $54,000. Pineridge Advisors LLC acquired a new position in shares of Mackenzie Realty Capital in the 1st quarter worth approximately $29,000. Finally, Clarity Capital Partners LLC acquired a new position in shares of Mackenzie Realty Capital in the 1st quarter worth approximately $55,000.

Mackenzie Realty Capital Company Profile

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.