Insider Selling: Tejon Ranch VP Sells 2,000 Shares of Stock (TRC)
Tejon Ranch (NYSE:TRC) VP Joseph E. Drew unloaded 2,000 shares of Tejon Ranch stock on the open market in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $28.12, for a total value of $56,240.00. Following the completion of the transaction, the vice president now directly owns 72,206 shares of the company’s stock, valued at approximately $2,030,433. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Tejon Ranch (NYSE:TRC) traded down 0.67% on Tuesday, hitting $28.36. 33,486 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 $29.54 and its 200-day moving average is $31.9. The company has a market cap of $584.0 million and a price-to-earnings ratio of 168.93.
Tejon Ranch Co (NYSE:TRC) is a diversified real estate development and agribusiness company.
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