Treasurer Glen Fuller buys 15,000 shares at $5.06 avg (5 transactions, Oct 2-3), lifting stake +20.9%; 5-insider cluster buy despite 88.1% decline from 52-wk high.
Glen Fuller, Treasurer of MacKenzie Realty Capital, executed 5 separate purchases totaling 15,000 shares for $75,880.00 on October 2–3 at prices ranging from $5.00 to $5.10, increasing his holdings by 20.9% from 71,855 to 86,855 shares. The stock currently trades at $5.84, down -88.1% from its 52-week high of $49.10, placing this accumulation during a period of severe price depreciation. Notably, 5 other insiders also bought within the past 14 days, forming a cluster acquisition pattern that may signal confidence at depressed levels, though the company is operationally challenged—it reported $-6,093,080.00 net income on $4,273,646.00 revenue in its latest quarter and remained unprofitable over its most recent full fiscal year. Fuller's prior four purchases at this ticker (August 12–21) each posted positive 30-day returns (+13.6% to +20.2%), though 90-day outcome data are not yet measurable and prior cross-ticker history shows 9 open-market buys with an average 30-day return of +19.9%.