Insider Buying: Tejon Ranch Director Acquires 1,400 Shares of Stock (TRC)
Tejon Ranch (NYSE:TRC) Director Daniel R. Tisch bought 1,400 shares of the stock on the open market in a transaction dated Friday, August 29th. The stock was purchased at an average cost of $28.00 per share, for a total transaction of $39,200.00. Following the transaction, the director now directly owns 16,985 shares of the company’s stock, valued at approximately $475,580. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Tejon Ranch (NYSE:TRC) traded up 0.07% on Friday, hitting $28.12. The stock had a trading volume of 40,689 shares. Tejon Ranch has a 1-year low of $28.03 and a 1-year high of $38.79. The stock has a 50-day moving average of $28.99 and a 200-day moving average of $31.63. The company has a market cap of $579.0 million and a P/E ratio of 166.27.
Tejon Ranch Co (NYSE:TRC) is a diversified real estate development and agribusiness company.
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