Insider Buying: Tejon Ranch Director Purchases 5,587 Shares of Stock (TRC)
Tejon Ranch (NYSE:TRC) Director Daniel R. Tisch acquired 5,587 shares of the stock in a transaction that occurred on Wednesday, August 13th. The shares were purchased at an average price of $28.09 per share, for a total transaction of $156,938.83. Following the completion of the transaction, the director now directly owns 11,172 shares in the company, valued at approximately $313,821. The acquisition was disclosed in a filing with the SEC, which is available at this link.
Shares of Tejon Ranch (NYSE:TRC) traded down 0.18% during mid-day trading on Wednesday, hitting $28.09. The stock had a trading volume of 38,563 shares. Tejon Ranch has a one year low of $28.05 and a one year high of $38.79. The stock’s 50-day moving average is $29.76 and its 200-day moving average is $32.0. The company has a market cap of $578.4 million and a P/E ratio of 166.51.
Tejon Ranch Co (NYSE:TRC) is a diversified real estate development and agribusiness company.
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