Bfc Financial Corporation (BBX) Major Shareholder Sells $13,647,158.00 in Stock
Bfc Financial Corporation (NYSE:BBX) major shareholder Bbx Capital Corp sold 974,797 shares of the business’s stock in a transaction that occurred on Tuesday, December 5th. The shares were sold at an average price of $14.00, for a total value of $13,647,158.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
Bbx Capital Corp also recently made the following trade(s):
- On Tuesday, November 21st, Bbx Capital Corp sold 2,761,925 shares of Bfc Financial stock. The shares were sold at an average price of $14.00, for a total value of $38,666,950.00.
Shares of Bfc Financial Corporation (BBX) remained flat at $$8.16 during mid-day trading on Tuesday. The company’s stock had a trading volume of 481,500 shares, compared to its average volume of 259,173. Bfc Financial Corporation has a fifty-two week low of $3.81 and a fifty-two week high of $8.92. The stock has a market cap of $836.62, a price-to-earnings ratio of 19.90 and a beta of 2.30. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.25.
A number of research firms have recently issued reports on BBX. B. Riley began coverage on Bfc Financial in a report on Tuesday, November 28th. They issued a “buy” rating and a $11.75 target price on the stock. ValuEngine lowered Bfc Financial from a “buy” rating to a “hold” rating in a report on Monday, October 2nd.
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About Bfc Financial
BBX Capital Corporation, formerly BFC Financial Corporation, is a diversified holding company. The Company has investments in Bluegreen Corporation (Bluegreen) and Renin Holdings, LLC (Renin), and in real estate and middle market operating companies. Its segments include Bluegreen, BBX Capital Real Estate and Renin.
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