Early Access — free while we kick the tires
EdgarHawk

Simpson Christine Elizabeth

Chief Portfolio Manager

Officer
9 filings analyzed · 1 company · Latest 2025-10-06

Companies

Company Buys Sells Direction
MacKenzie Realty Capital, Inc. MKZR 17 0 Net buying

Activity

October 2025
Buy
15,000 shares
$75,880
Significance 6/10

Chief Portfolio Manager Christine Simpson bought 15,000 shares (15.0K) for $75,880.00 at MKZR; cluster of 5 other insider buys in past 14 days.

Simpson Christine Elizabeth, Chief Portfolio Manager, executed 5 separate purchases totaling 15,000 shares for $75,880.00 between October 2-3, 2025, at prices ranging from $5.00 to $5.10 (blended average $5.06), increasing her holdings by 20.9% to 86,855 shares. This filing is part of a cluster pattern: 5 other insiders also bought within the past 14 days at the same company. Notably, Simpson has demonstrated a strong cross-ticker track record with 12 prior buys averaging 184.6% gain over 30 days and 355.8% over 90 days at a 100% win rate; however, her prior MKZR-specific trades from August show more modest 30-day returns ranging from 5.5% to 20.2%, with no 90-day outcomes yet measurable. The company trades at $5.84 currently, down 88.1% from its 52-week high of $49.10, despite posting 40.2% annual revenue growth; however, the firm is unprofitable (net income of $-6.1M on revenue of $4.3M in the latest quarter), creating tension between insider conviction and deteriorating fundamentals. The cluster buying, combined with Simpson's track record, warrants monitoring of whether the price recovery evident in her prior August trades at this ticker will repeat, especially given the substantial valuation decline from the 52-week peak.

August 2025
Buy
15,146 shares
$77,245
Significance 6/10

Chief Portfolio Manager Christine Simpson buys 15,146 shares of MKZR at $5.10; 5 prior buys in 9 days signal accumulation despite 87.9% gap to 52-week high.

Simpson Christine Elizabeth (Chief Portfolio Manager) purchased 15,146 shares on 2025-08-21, expanding her holdings by 27.2% to 70.9K shares total—the fifth insider buy at MKZR in nine consecutive trading days within a broader cluster of 5 other insiders buying in the past 14 days. The transaction occurred at $5.10, while current price stands at $5.95, placing the stock -87.9% from its 52-week high of $49.10 and down -33.2% over the past 90 days. The company reported a net loss of $-6.1M against revenue of $4.3M in its latest quarter and was unprofitable over the full prior fiscal year. The concentrated buying pattern across insiders at a depressed price point warrants scrutiny, but the company's operational losses and the stock's proximity to multi-month lows present material risk that offsets the insider accumulation signal.

Buy
20,012 shares
$96,858
Significance 4/10

Chief Portfolio Manager Simpson buys 20,012 shares of MKZR at $4.84, stock down 90.1% from 52-week high; cluster buy pattern underway.

Simpson Christine Elizabeth (Chief Portfolio Manager) purchased 20,012 shares at $4.84, increasing her holdings by 56.0% to 55,718 shares. The purchase occurs as MKZR trades 90.1% below its 52-week high of $49.10 and down 55.5% over the past 90 days, signaling aggressive accumulation during a severe drawdown. This transaction is part of a cluster pattern—5 other insiders have also bought within the past 14 days—suggesting broad internal conviction at depressed prices. However, the company posted net income of $-6.1M on revenue of $4.3M in the latest quarter and was unprofitable over its most recent full fiscal year, raising questions about whether this price decline reflects fundamental deterioration that insider purchases may not offset.

Buy
3,198 shares
$15,708
Significance 7/10

CPM Simpson bought 3,198 shares at blended avg $4.91; MKZR stock down -90.3% from 52-week high, cluster pattern with 5 other insiders in 14 days

Christine Elizabeth Simpson, Chief Portfolio Manager at MacKenzie Realty Capital, filed 4 separate purchases totaling 3,198 shares for $15,708.23 on 2025-08-12 and 2025-08-13 at a blended average price of $4.91, raising her stake from 32,508 to 35,706 shares (+9.8%). The timing is noteworthy: MKZR stock currently trades at $4.75, -90.3% from its 52-week high of $49.10, and has fallen -56.4% over the past 90 days. Simpson's same-ticker purchase history shows strong post-purchase price appreciation on her prior two measurable buys (30d and 90d returns of +811.8% and +392.6%, respectively; and +568.5% and +304.6%), establishing a 2-of-2 pattern of well-timed entries at this ticker. The filing also flags a cluster buy pattern: 5 other insiders acquired shares within the same 14-day window, and company fundamentals show recent quarterly revenue of $4,273,646 paired with a net loss of $-6,093,080, indicating sustained unprofitability. The combination of steepened recent decline, accumulated insider buying across multiple officers, and Simpson's track record of entering at inflection points at this ticker warrants close monitoring of what prompts coordinated insider accumulation during a period of severe drawdown.

Buy
2,000 shares
$8,885
Significance 8/10

Chief Portfolio Manager Christine Simpson buys 2,000 MKZR shares at $4.44; stock down 89.9% from $49.10 high, but CPM's 3 prior MKZR buys all returned +392.6% to +811.8% at 90 days.

Simpson purchased 2,000 shares at $4.44 on 2025-08-08, extending her MKZR holdings to 32.5K shares (+6.6% increase). The stock trades $4.95 today, down 89.9% from its 52-week high of $49.10, a severe drawdown that typically invites scrutiny. However, her timing pattern at this ticker is exceptional: three prior buys at MKZR (2025-03-05, 2025-03-18, and 2025-04-01) all generated strong positive 90-day returns (656.8%, 568.5%, and 811.8% respectively), indicating consistently prescient entry points. She also executed two additional buys on 2025-08-06 and 2025-08-07 (outcomes not yet measurable), alongside a cluster of 5 other insiders buying within the same 14-day window. Fundamentals remain challenged: the company posted a $-6.1M net loss in the latest quarter on $4.3M revenue, with full-year profitability also negative. The convergence of repeated buy signals by the Chief Portfolio Manager at depressed valuations, paired with her documented 90-day win rate of 100% on prior MKZR trades, warrants close tracking of whether this signals anticipated recovery or represents unwarranted accumulation in a struggling asset.

Buy
30,508 shares
$134,113
Significance 7/10

Chief Portfolio Manager Simpson buys 30,508 shares in 2 tranches ($134.1K) at $4.31–$4.64 as stock falls 90.8% from 52-week high; 5 other insiders also bought within past 14 days.

Christine Elizabeth Simpson, Chief Portfolio Manager, executed 2 separate purchases totaling 30,508 shares for $134,112.65 on August 6–7, 2025, at a blended average price of $4.40, establishing her first holding at MKZR. The timing coincides with significant price deterioration: the stock is -90.8% from its 52-week high and has declined 33.0% in the past 30 days and 58.5% over 90 days. Her prior trades at this ticker show a consistent pattern: three buys executed on 2025-04-01, 2025-03-18, and 2025-03-05 each generated strong 90-day returns of +811.8%, +304.6%, and +370.3% respectively. A cluster pattern emerges: 5 other insiders also purchased shares within the past 14 days, suggesting coordinated or near-simultaneous confidence in the equity. Against this context, the filing reflects insider accumulation into a depressed valuation during a period of severe stock weakness, though the company remains unprofitable with net income of $-6,093,080.00 in the latest quarter.

April 2025
medium
Buy
500 shares
$680
Significance 4/10

Chief Portfolio Manager Christine Simpson buys 500 MKZR shares at $1.36; stock down -74.6% from 52-week high.

Simpson, Chief Portfolio Manager, purchased 500 shares at $1.36, bringing her holdings to 2,500 shares—a 25.0% increase on a small absolute purchase. MacKenzie Realty Capital stock has collapsed -74.6% from its 52-week high and declined -55.7% over 90 days, creating a stark gap between the transaction price ($1.36) and current market price ($14.00). Notably, Simpson initiated two prior buys at this ticker on 2025-03-05 and 2025-03-18, both too recent to measure 90-day outcomes, and her cross-ticker track record shows 2 prior buys with no measurable well-timed outcomes to date. The company reported negative full-year net income of $-4,458,134.00 and generated $8,030,316.00 in latest-quarter revenue with annual growth of only +4.2%, signaling weak fundamentals alongside severe share-price deterioration.

March 2025
medium
Buy
1,000 shares
$1,780
Significance 4/10

Chief Portfolio Manager Simpson buys 1,000 shares of MKZR at $1.78; stock down -68.0% from 52-week high, company unprofitable.

Simpson Christine Elizabeth, Chief Portfolio Manager, purchased 1,000 shares at $1.78 on 2025-03-18, doubling her holdings from 1,000 to 2,000 shares. The transaction occurs as MKZR trades at $17.60, -68.0% from its 52-week high and -26.7% over the past 30 days. The company reported $8.0M revenue in the latest quarter against net income of $-4.5M, with a negative full-year net income despite 4.2% annual revenue growth. Simpson executed a buy just 13 days after her prior purchase at MKZR on 2025-03-05, a timing pattern that warrants tracking as the company's unprofitable state and severe price decline unfold. The decision to increase exposure in a capital-light position (2.0K shares total) amid macroeconomic headwinds and negative earnings raises questions about the rationale—whether this reflects conviction in a turnaround or routine rebalancing against scheduled equity compensation targets.

Buy
1,000 shares
$1,850
Significance 4/10

Chief Portfolio Manager Simpson purchases 1,000 shares of MKZR at $1.85; stock down 63.4% from 52-week high.

Simpson Christine Elizabeth, Chief Portfolio Manager, executed her first purchase of MacKenzie Realty Capital stock, acquiring 1,000 shares at $1.85 on 2025-03-05. The transaction occurs after the stock has fallen 63.4% from its 52-week high of $55.00, and the company is unprofitable with net income of $-4,458,134.00 over the latest full fiscal year. The purchase is small in absolute terms ($1,850.00) and leaves Simpson with minimal accumulated position in the stock (1,000 shares), limiting the weight of this signal as an indicator of insider conviction given the company's profitability challenges and the stock's severe recent decline from its peak.

Related insiders

Create a free account

Build watchlists, get email alerts on the tickers you follow, and read the full AI analysis on every insider filing.

Sign up — free during early access