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Chief Financial Officer Sherpa Angche of MacKenzie Realty Capital, Inc. (MKZR) recently purchased 20,012 shares of the company’s common stock at a price of $4.84, totaling $96,858. The stock, currently trading at $4.77, appears undervalued according to InvestingPro analysis, despite falling nearly 84% year-to-date. The company offers a substantial 42.5% dividend yield.
The transactions, which took place on August 14, 2025, involved prices ranging from $4.75 to $4.91. Following the transaction, Mr. Angche indirectly holds 55,718 shares through MacKenzie Real Estate Advisers, LP. Trading at just 0.11 times book value, InvestingPro has identified several key factors affecting the company’s performance. Subscribers can access 8 additional ProTips and comprehensive financial analysis.
In other recent news, MacKenzie Realty Capital has announced several key developments. The company has approved regular quarterly dividends for its Series A and Series B preferred shares for the quarter ending September 30, 2025. This decision was confirmed through a press release and an SEC filing, ensuring shareholders are informed of 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 meet the Nasdaq Capital Market’s minimum bid price requirement, effectively reducing the number of outstanding shares from approximately 15.8 million to 1.58 million. Furthermore, the company 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 Committee made this appointment, and it was noted that Moss Adams’s prior audit reports contained no adverse opinions or disclaimers. These developments mark significant changes for MacKenzie Realty Capital as it continues to navigate its financial and operational strategies.
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