Limoneira Director Ronald L. Michaelis Unloads 1,500 Shares (LMNR)
Limoneira (NASDAQ:LMNR) Director Ronald L. Michaelis sold 1,500 shares of Limoneira stock on the open market in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $22.00, for a total value of $33,000.00. Following the completion of the transaction, the director now directly owns 4,045 shares of the company’s stock, valued at approximately $88,990. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of Limoneira (NASDAQ:LMNR) traded down 1.33% on Monday, hitting $21.58. 61,981 shares of the company’s stock traded hands. Limoneira has a 1-year low of $20.02 and a 1-year high of $27.41. The stock has a 50-day moving average of $22.22 and a 200-day moving average of $22.20. The company has a market cap of $303.2 million and a price-to-earnings ratio of 49.82.
Limoneira (NASDAQ:LMNR) last issued its quarterly earnings data on Monday, June 9th. The company reported $0.15 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.11 by $0.04. During the same quarter last year, the company posted $0.19 earnings per share. On average, analysts predict that Limoneira will post $0.41 earnings per share for the current fiscal year.
Limoneira Company is an agribusiness and real estate development company. The Company’s operations consist of fruit production, sales and marketing, real estate development and capital investment activities.
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