Insider Moves: Christopher Schorsch Bolsters $NYC Holdings

An Overview of Recent Insider Trading Activity

NICHOLAS S SCHORSCH, a 10% owner of $NYC, bought 1,469 shares of the company on 02-07-2025 for an estimated $16,129. This purchase, reported by Quiver Quantitative through an SEC filing, increased his stake in this class of stock by about 0.2%. Following this transaction, Schorsch now holds 960,655 shares of $NYC stock.

Trends Among $NYC Insiders

In the past six months, insiders have engaged in $NYC stock trades 42 times, with 39 purchases and only 3 sales.

Here’s a summary of insider trading in $NYC stock during that period:

• NICHOLAS S SCHORSCH purchased 48,732 shares for around $454,547, with no sales recorded.
• EDWARD M JR. WEIL recorded 0 purchases and sold 2,778 shares for an estimated $25,031.

For those interested in insider transactions, Quiver Quantitative offers an insider trading dashboard.

Recent Hedge Fund Activity Surrounding $NYC

In the latest quarter, 5 institutional investors have increased their $NYC holdings, while 13 have reduced theirs.

Noteworthy adjustments in hedge fund positions include:

• UBS GROUP AG reduced its portfolio by 4,688 shares (-75.7%) in Q3 2024, incurring an estimated loss of $43,307.
• MORGAN STANLEY added 1,017 shares (+1540.9%) to its holdings in Q3 2024, amounting to around $9,394.
• GEODE CAPITAL MANAGEMENT, LLC cut back by 755 shares (-4.1%) in Q3 2024, which equals about $6,974.
• TOWER RESEARCH CAPITAL LLC (TRC) sold 653 shares (-60.4%) in Q3 2024, valued at approximately $6,032.
• BOKF, NA boosted its holdings by 525 shares (+inf%) in Q3 2024, translating to around $4,849.
• OSAIC HOLDINGS, INC. removed 388 shares (-18.7%) from its portfolio in Q4 2024, worth about $3,294.
• ROYAL BANK OF CANADA liquidated 250 shares (-100.0%) in Q3 2024, valued at approximately $2,309.

For those monitoring hedge fund investments, Quiver Quantitative provides a dashboard on institutional holdings.

This article is not financial advice. For more information, refer to Quiver Quantitative’s disclaimers.

This article was originally published on Quiver News; read the full story.

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.