American Realty Investors Inc. (NYSE:ARL) Shares is Attracting Smart Money

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In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), American Realty Investors Inc. (NYSE:ARL) reported that Transcontinental Realty Investors Inc.  has picked up 9,921,508 of common stock as of 2017-06-21.

The acquisition brings the aggregate amount owned by Transcontinental Realty Investors Inc. to a total of 9,921,508 representing a 60.47% stake in the company.

For those not familiar with the company, American Realty Investors, Inc. is an externally advised and managed real estate investment company that owns a diverse portfolio of income-producing properties and land held for development. The Company’s segments are commercial properties, apartments, land and other. The Company’s business is the acquisition, development and ownership of income-producing residential and commercial real estate properties. In addition, the Company acquires land for future development in in-fill or suburban markets. The Company’s portfolio of income-producing properties includes residential apartment communities, office buildings, hotels and other commercial properties. It owns approximately 50 residential apartment communities comprising over 7,980 units, approximately nine commercial properties comprising an aggregate of over 2.2 million rentable square feet, an investment in approximately 3,810 acres of undeveloped and partially developed land and a golf course comprising approximately 100 acres.

A glance at American Realty Investors Inc. (NYSE:ARL)’s key stats reveals a current market capitalization of $139.56 Million based on $15.51 Million shares outstanding and a price at last close of $8.93 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2017-05-05, Realty picked up 5,743 at a purchase price of $6.65. This brings their total holding to 7,921,508 as of the date of the filing.

On the sell side, the most recent transaction saw Moos unload 5,200 shares at a sale price of $5.30. This brings their total holding to 0.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an American Realty Investors Inc. (NYSE:ARL) as things move forward to see if its progress aligns with these transactions.

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