Intel stock spikes after report of possible US government stake
Transcontinental Realty Investors Inc. (NYSE:TCI) has increased its stake in Income Opportunity (SO:FTCE11B) Realty Investors Inc. (NYSE:IOR) through a series of recent stock purchases. IOR, currently trading at $18.30 and near its 52-week high of $19.00, has shown strong financial health with an exceptional current ratio of 22,355. According to a Form 4 filing with the SEC, Transcontinental Realty acquired a total of 3,041 shares of Income Opportunity Realty common stock in multiple transactions throughout May 2025. The purchases were made at prices ranging from $17.7407 to $17.9 per share, totaling approximately $54,134. With a market capitalization of $74.41 million and trading at 0.61 times book value, InvestingPro analysis suggests the stock is slightly overvalued at current levels.
These transactions have brought Transcontinental Realty’s total holdings to 3,435,222 shares. The acquisitions were made as open market purchases, as indicated in the filing. InvestingPro subscribers can access additional insights, including 3 more exclusive ProTips and detailed valuation metrics to make informed investment decisions.
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