General Counsel and Director Patterson Acquires $87.6K in MKZR, a 2.8% Stake
MKZR sits 66% above its 52-week low of $0.83 on elevated volume (2.4× avg).
Summary
General Counsel and Director Charles E. Patterson II bought $87,606 of MacKenzie Realty Capital stock, a 2.8% stake, in open-market purchases on July 31 and August 3.
Key Events · Ownership and Investor Activity · MKZR
-
Insider Buys 2.8% Stake
General Counsel/Secretary and Director Charles E. Patterson II acquired 66,600 shares for $87,606 via open market purchases on July 31 and August 3, at prices ranging from $1.10 to $1.50.
-
Financial Impact
The $87,606 purchase represents 2.815% of the company's $3.1M market cap, a highly material commitment from a dual-role insider.
-
Prior-Disclosure Context
The company recently reported increased cash burn and higher debt from dilutive capital raises; this insider buy counters that narrative by signaling internal confidence.
Analysis · MKZR · Real Estate & Construction
Charles E. Patterson II, who serves as both General Counsel and Director, bought 66,600 shares for $87,606 at prices between $1.10 and $1.50. This open-market purchase from a dual-role insider is substantial, signaling conviction despite the company's recent cash burn and dilutive capital raises. Relative to the tiny $3.1M market cap, the buy represents a 2.8% stake, making it a highly material vote of confidence from someone with both legal and board-level insight.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 36.1% of the 1051 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.56%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, MKZR was trading at $1.38 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $3.1M. The 52-week trading range was $0.83 to $6.99. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.