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Treasurer of MacKenzie Realty Capital (EXCHANGE:MKZR), Glen Fuller, reported purchasing shares of the company’s common stock in two transactions valued at $134,112. The micro-cap company, currently valued at $7.27 million, has seen its stock decline over 20% in the past week, with InvestingPro data indicating oversold conditions.
According to a Form 4 filing with the Securities and Exchange Commission, on August 6, 2025, Fuller acquired 22,559 shares at a price of $4.31 per share. The following day, August 7, 2025, he purchased an additional 7,949 shares at $4.64 per share. The stock, which offers a substantial 43.67% dividend yield, is trading at just 0.12 times book value.
Following the transactions, the shares are indirectly owned by MacKenzie Real Estate Advisers, LP. For deeper insights into insider transactions and 11 additional key investment tips for MKZR, visit InvestingPro.
In other recent news, MacKenzie Realty Capital, Inc. has announced several notable developments. The company declared its regular quarterly dividends for the quarter ending September 30, 2025, for both Series A and Series B preferred shares. This decision was confirmed through a press release and an SEC filing, with letters being sent to preferred stockholders detailing the payments. Additionally, the Board of Directors approved a 1-for-10 reverse stock split, intending to increase the company’s per-share trading price to satisfy Nasdaq’s minimum bid price requirement for continued listing. This reverse split will reduce the number of outstanding shares from approximately 15.8 million to 1.58 million shares. In another update, MacKenzie Realty Capital appointed Baker Tilly US, LLP as its new independent auditor following the merger of its previous auditor, Moss Adams LLP, with Baker Tilly. The audit reports from Moss Adams for the fiscal years ending June 30, 2024, and 2023, were free of adverse opinions or disclaimers. These recent developments reflect significant operational changes for the company.
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