MacKenzie Realty chief compliance officer buys $134k in MKZR

Published 07/08/2025, 22:32
MacKenzie Realty chief compliance officer buys $134k in MKZR

Jeri Ruth Bluth, Chief Compliance Officer of MacKenzie Realty Capital, Inc. (EXCHANGE:MKZR), recently purchased shares of the company’s common stock in two transactions, totaling $134,112. The purchases, made at prices ranging from $4.31 to $4.64, come as the stock trades near its 52-week low of $3.89. According to InvestingPro analysis, the company currently trades below its Fair Value, with a notably low Price-to-Book ratio of 0.11.

On August 6, 2025, Bluth acquired 22,559 shares at $4.31 per share. The following day, August 7, 2025, she purchased an additional 7,949 shares at $4.64 per share. These acquisitions bring the total shares owned following the transactions to 30,508. The stock currently offers a significant dividend yield of 43.67%, according to InvestingPro data, which provides comprehensive insider trading analysis and 12 additional key insights about MKZR.

These shares are indirectly owned by MacKenzie Real Estate Advisers, LP, in which Bluth has an interest. Bluth also indirectly owns 5569.2 shares through MPF Successors, LP.

In other recent news, MacKenzie Realty Capital, Inc. has approved quarterly dividends for its Series A and Series B preferred shares for the quarter ending September 30, 2025. This decision was accompanied by a press release and SEC filing, ensuring that shareholders are informed about the dividend payments. Additionally, MacKenzie Realty Capital’s Board of Directors has approved a 1-for-10 reverse stock split. This move aims to increase the company’s per share trading price to comply with Nasdaq Capital Market’s minimum bid price requirement. The reverse 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 as its new auditor following the merger of its previous auditor, Moss Adams LLP, with Baker Tilly US, LLP. The audit reports by Moss Adams for the fiscal years ending June 30, 2024, and 2023, were free from adverse opinions or modifications. These recent developments reflect significant strategic and operational changes within MacKenzie Realty Capital.

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