Form 4: Portfolio Manager Mathew Kirschner Increases Stake in Cohen & Steers Quality Income Realty Fund Inc (RQI)

Sentiment:

SEC Form 4 Filing


Portfolio Manager Mathew Kirschner reports the acquisition of 5,380 shares of Cohen & Steers Quality Income Realty Fund Inc (RQI) at a price of $14.0199 per share on October 16, 2024.

Summary

  • On October 16, 2024, Mathew Kirschner, a Portfolio Manager at Cohen & Steers Quality Income Realty Fund Inc (RQI), acquired 5,380 shares of common stock.
  • The purchase price was $14.0199 per share.
  • Following the transaction, Kirschner directly owns 5,380 shares of RQI.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The purchase of shares by a portfolio manager can be seen as a sign of confidence in the company, but the scale of the purchase is not significant enough to warrant a strong positive sentiment.

Positives

  • The purchase indicates a potential positive sentiment from the Portfolio Manager regarding the company's prospects.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track confidence levels and potential alignment of interests.

Stakeholder Impact

  • The transaction may have a minor positive impact on shareholder sentiment.

Key Dates

DateDescription
10/16/2024Date of transaction: Mathew Kirschner acquired 5,380 shares of RQI at $14.0199 per share.

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