Schorsch’s Steady Buy‑In at ASI Signals Long‑Term Faith Amid Negative Earnings and Market Volatility

Insider Buying Builds Confidence Amid Volatility

On December 30, 2025, Nicholas S. Schorsch—through his controlling entity Bellevue Capital Partners—executed a purchase of 850 shares of American Strategic Investment Co. (ASI) at an average price of $8.21, just below the closing price of $8.49. The transaction, filed as a Form 4, is part of a steady stream of acquisitions that have kept Schorsch’s stake above 1.05 million shares since late December. This latest buy reinforces a pattern of incremental accumulation rather than large, market‑moving trades, suggesting a belief in the company’s long‑term trajectory despite the recent 7.03‑point trough and a negative P/E of –1.04.

What the Trade Means for Investors

For shareholders, the continued buying by an influential insider signals confidence that ASI’s valuation is still undervalued. The company’s 52‑week low of $7.03 and its current price hovering near $8.50 point to a potential upside if the firm can return to profitability. Analysts note that the firm’s asset base is tied to real‑estate holdings, a sector that has shown resilience even in downturns. However, the negative earnings and low price‑to‑book ratio of 0.32 serve as a cautionary flag that the company may still be restructuring or awaiting a strategic turnaround. Investors should weigh the insider’s conviction against the broader market sentiment, which remains neutral with a social‑media buzz of 0 %.

Schorsch’s Buying Pattern: A Profile of Cautious Commitment

Schorsch’s historic filings reveal a disciplined, incremental buying strategy. From early June 2025 through the end of December, he purchased between 350 and 1,863 shares per transaction, averaging prices from $7.47 to $9.88. The most aggressive buying—over 1,800 shares—occurred in late September 2025 when the stock was trading near $10, a period when the price was still above the 52‑week low but below the peak. His holdings have steadily increased from roughly 520,000 shares in mid‑2025 to just over 1.05 million shares by January 2026. This gradual build indicates a long‑term horizon rather than speculative short‑term gains.

Strategic Outlook for ASI

ASI’s recent filing of a continued listing compliance plan underscores regulatory diligence, but the lack of new business developments suggests a focus on stabilizing operations. The real‑estate sector’s cyclical nature means that ASI’s performance will likely improve if market conditions lift and debt servicing costs decline. With Schorsch’s stake now exceeding 4 % of outstanding shares, his future trades will have a visible impact on the stock’s liquidity and market perception. Should he continue to add shares at prices near or slightly below the market level, it could act as a catalyst for a positive price rally—provided the company can translate its asset base into sustainable earnings.

Takeaway for Investors

Schorsch’s disciplined buying pattern reflects a belief in ASI’s long‑term potential, even as the firm navigates current volatility and negative earnings. For investors, this insider activity can be viewed as a bullish signal, but it should be balanced against the broader fundamentals and the real‑estate market’s cyclical risk. Watching Schorsch’s future filings, particularly any sizable sell‑offs or shifts in purchase volume, will be key to gauging his confidence and the potential impact on ASI’s share price.