Insider Selling: Tejon Ranch VP Sells 2,000 Shares of Stock (TRC)
Tejon Ranch (NYSE:TRC) VP Joseph E. Drew sold 2,000 shares of the stock on the open market in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $29.84, for a total transaction of $59,680.00. Following the transaction, the vice president now directly owns 70,206 shares in the company, valued at approximately $2,094,947. The transaction was disclosed in a filing with the SEC, which is available at this link.
Tejon Ranch (NYSE:TRC) traded down 0.65% during mid-day trading on Wednesday, hitting $28.99. The stock had a trading volume of 21,549 shares. 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 $29.06 and a 200-day moving average of $31.66. The company has a market cap of $596.9 million and a price-to-earnings ratio of 172.66.
Tejon Ranch Co (NYSE:TRC) is a diversified real estate development and agribusiness company.
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