Insider Buying: Tejon Ranch Director Buys 4,413 Shares of Stock (TRC)
Tejon Ranch (NYSE:TRC) Director Daniel R. Tisch acquired 4,413 shares of Tejon Ranch stock on the open market in a transaction that occurred on Friday, August 15th. The shares were purchased at an average cost of $28.05 per share, with a total value of $123,784.65. Following the completion of the purchase, the director now directly owns 15,585 shares in the company, valued at approximately $437,159. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Tejon Ranch (NYSE:TRC) traded down 0.81% during mid-day trading on Friday, hitting $28.07. 41,989 shares of the company’s stock traded hands. Tejon Ranch has a 1-year low of $28.05 and a 1-year high of $38.79. The stock has a 50-day moving average of $29.68 and a 200-day moving average of $32.02. The company has a market cap of $578.0 million and a P/E ratio of 167.46.
Tejon Ranch Co (NYSE:TRC) is a diversified real estate development and agribusiness company.
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