CEO of New York REIT Inc (NYRT) Nicholas S Schorsch bought 15,000 shares on 08/20/2014 at an average price of $10.29. The total transaction amount was $154,350.
New York REIT Inc has a market cap of $1.69 billion; its shares were traded at around $10.45 with a P/S ratio of 14.00. The dividend yield of New York Reit Inc stocks is 1.50%. Articles on GuruFocus.COM
- Warren Buffett Recent Buys
- Warren Buffett's Current Portfolio
- This Powerful Chart Made Peter Lynch 29% A Year For 13 Years
Nicholas Schorsch is the chief executive officer of New York REIT Inc. He has also co-founded the company AR Capital and is currently its CEO and chairman. At RCS Capital Corporation, Schorsch is serving as its executive chairman.
New York REIT Inc. announced revenues of $35.9 million and net loss of $67.7 million for their 2014 second quarter results.
CEO Nicholas S Schorsch bought 15,000 shares of NYRT stock on 08/20/2014 at the average price of 10.29. Director William M Kahane and President Michael A. Happel together bought 30,000 shares of NYRT stock on August 20, 2014.
This article first appeared on GuruFocus.