MacKenzie Realty Capital, Inc. (NASDAQ:MKZR) CEO Robert E. Dixon Purchases 10,000 Shares

MacKenzie Realty Capital, Inc. (NASDAQ:MKZR) CEO Robert E. Dixon acquired 10,000 shares of MacKenzie Realty Capital stock in a transaction that occurred on Friday, March 14th. The shares were purchased at an average cost of $1.92 per share, with a total value of $19,200.00. Following the completion of the acquisition, the chief executive officer now owns 92,263 shares of the company’s stock, valued at $177,144.96. The trade was a 12.16 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

MacKenzie Realty Capital Stock Down 6.0 %

NASDAQ MKZR opened at $1.87 on Monday. MacKenzie Realty Capital, Inc. has a fifty-two week low of $1.05 and a fifty-two week high of $6.07. The business has a fifty day moving average of $2.23.

Hedge Funds Weigh In On MacKenzie Realty Capital

A number of institutional investors have recently made changes to their positions in MKZR. Atomi Financial Group Inc. acquired a new position in shares of MacKenzie Realty Capital in the fourth quarter worth $225,000. Juncture Wealth Strategies LLC acquired a new position in shares of MacKenzie Realty Capital in the fourth quarter worth $42,000. Sageworth Trust Co acquired a new position in shares of MacKenzie Realty Capital in the fourth quarter worth $71,000. World Equity Group Inc. acquired a new position in shares of MacKenzie Realty Capital in the fourth quarter worth $36,000. Finally, Meridian Wealth Management LLC acquired a new position in shares of MacKenzie Realty Capital in the fourth quarter worth $47,000.

About MacKenzie Realty Capital

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.