Bullish indicating open at $55-$60, IPO prices at $37
Transcontinental Realty Investors Inc. (NYSE:TCI), a significant shareholder in Income Opportunity (SO:FTCE11B) Realty Investors Inc. (AMEX:IOR), has recently increased its stake in the company. According to a recent SEC filing, Transcontinental Realty acquired a total of 12,680 shares of Income Opportunity common stock through a series of transactions in March 2025. The company, which maintains a GOOD financial health score according to InvestingPro analysis, has shown resilience with a positive 2.06% return over the past year despite a -3.61% YTD performance.
The purchases were made over several days, with prices ranging from $17.45 to $17.6506 per share, totaling approximately $222,657. These acquisitions were conducted as open market transactions, as noted in the filing. Following these transactions, Transcontinental Realty now holds 3,415,928 shares of Income Opportunity stock.
The transactions were signed off by Erik L. Johnson, President and Chief Executive Officer of Transcontinental Realty, on April 2, 2025.
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