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Robert E. Dixon, CEO and President of MacKenzie Realty Capital, Inc. (MKZR), acquired 20,012 shares of the company’s common stock on August 14, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The micro-cap real estate company, currently valued at $7.46 million, has seen its stock decline 83.58% over the past year. InvestingPro analysis suggests the stock is trading below its Fair Value, with a notably low Price/Book ratio of 0.11. The shares were purchased at a price of $4.84, totaling approximately $96,858. The prices for the shares ranged from $4.75 to $4.91.
Following the transaction, Dixon indirectly owns 55,718 shares through MacKenzie Real Estate Advisers, LP, and 5,569 shares through MPF Successors, LP. Dixon also directly owns 23,151 shares.
In other recent news, MacKenzie Realty Capital has declared quarterly dividends for its Series A and Series B preferred shares for the quarter ending September 30, 2025. This decision was confirmed by the company’s board of directors, with detailed information provided in a press release and accompanying SEC filing. Additionally, MacKenzie Realty Capital has approved a 1-for-10 reverse stock split. This strategic move is intended to increase the company’s per share trading price to comply with Nasdaq Capital Market’s minimum bid price requirement for continued listing.
The reverse stock split will reduce the number of outstanding shares from approximately 15.8 million to 1.58 million. In another development, MacKenzie Realty Capital has appointed Baker Tilly US, LLP as its new auditor following the merger of its previous independent auditor, Moss Adams LLP, with Baker Tilly. The company’s audit reports for the fiscal years ending June 30, 2024, and 2023, from Moss Adams did not contain any adverse opinions or disclaimers. These recent developments reflect MacKenzie Realty Capital’s ongoing efforts to maintain compliance and ensure robust financial oversight.
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