HomeFed Co. (HOFD) Major Shareholder Acquires $2,960,000.00 in Stock
HomeFed Co. (NASDAQ:HOFD) major shareholder Leucadia National Corp acquired 80,000 shares of the business’s stock in a transaction that occurred on Monday, October 3rd. The shares were purchased at an average cost of $37.00 per share, for a total transaction of $2,960,000.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Shares of HomeFed Co. (NASDAQ:HOFD) traded up 1.14% during mid-day trading on Thursday, reaching $44.50. 2,464 shares of the company traded hands. The firm has a 50 day moving average of $43.21 and a 200-day moving average of $41.50. The stock has a market capitalization of $687.44 million and a PE ratio of 15.31. HomeFed Co. has a 52 week low of $31.10 and a 52 week high of $46.00.
HomeFed Company Profile
HomeFed Corporation is a developer and owner of residential and mixed-use real estate projects in California, Virginia, South Carolina, Florida, Maine and New York. The Company operates through three segments: real estate, farming and corporate. Its real estate operations consist of a range of residential and commercial land development projects and other unimproved land, all in various stages of development, and retail and office operating properties.
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