Insider Buying: Griffin Land & Nurseries Major Shareholder Purchases 35,000 Shares of Stock (GRIF)
Griffin Land & Nurseries (NASDAQ:GRIF) major shareholder Lucy Danziger purchased 35,000 shares of Griffin Land & Nurseries stock in a transaction dated Wednesday, October 16th. The shares were purchased at an average cost of $31.91 per share, with a total value of $1,116,850.00. Following the purchase, the insider now directly owns 60,322 shares in the company, valued at approximately $1,924,875. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
Griffin Land & Nurseries (NASDAQ:GRIF) traded up 3.18% during mid-day trading on Wednesday, hitting $32.79. The stock had a trading volume of 7,618 shares. Griffin Land & Nurseries has a 1-year low of $24.30 and a 1-year high of $32.70. The stock has a 50-day moving average of $31.23 and a 200-day moving average of $30.21. The company’s market cap is $168.7 million.
Griffin Land & Nurseries (NASDAQ:GRIF) last posted its quarterly earnings results on Thursday, October 10th. The company reported ($0.18) earnings per share (EPS) for the quarter.
Griffin Land & Nurseries, Inc (NASDAQ:GRIF) along its subsidiaries is engaged in real estate business and a landscape nursery business.
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