Ronald L. Michaelis Sells 1,500 Shares of Limoneira Stock (LMNR)
Limoneira (NASDAQ:LMNR) Director Ronald L. Michaelis sold 1,500 shares of the stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $24.36, for a total transaction of $36,540.00. Following the completion of the transaction, the director now directly owns 4,045 shares in the company, valued at approximately $98,536. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of Limoneira (NASDAQ:LMNR) remained flat at $24.23 during during mid-day trading trading on Tuesday. 19,621 shares of the company’s stock traded hands. Limoneira has a 52 week low of $20.06 and a 52 week high of $27.41. The stock has a 50-day moving average of $22.33 and a 200-day moving average of $22.3. The company has a market cap of $340.4 million and a price-to-earnings ratio of 55.19.
Limoneira (NASDAQ:LMNR) last posted its quarterly earnings results on Monday, June 9th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.04. During the same quarter in the previous year, the company posted $0.19 earnings per share. On average, analysts predict that Limoneira will post $0.49 earnings per share for the current fiscal year.
Limoneira Company is an agribusiness and real estate development company. The Company’s operations consist of fruit production, sales and marketing, real estate development and capital investment activities.
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