Insider Buying: Tejon Ranch Director Purchases 4,413 Shares of Stock (TRC)
Tejon Ranch (NYSE:TRC) Director Daniel R. Tisch acquired 4,413 shares of the 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 acquisition, the director now directly owns 15,585 shares of the company’s stock, valued at approximately $437,159. The acquisition 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% on Friday, hitting $28.07. 41,989 shares of the company’s stock traded hands. 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 $29.61 and its 200-day moving average is $31.97. The company has a market cap of $578.0 million and a price-to-earnings ratio of 167.46.
Tejon Ranch Co (NYSE:TRC) is a diversified real estate development and agribusiness company.
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