HomeFed Co. (HOFD) Major Shareholder Leucadia National Corp Acquires 80,000 Shares
HomeFed Co. (NASDAQ:HOFD) major shareholder Leucadia National Corp purchased 80,000 shares of the business’s stock in a transaction dated Monday, October 3rd. The shares were purchased at an average price of $37.00 per share, for a total transaction of $2,960,000.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.
HomeFed Co. (NASDAQ:HOFD) remained flat at $44.50 during midday trading on Friday. The stock’s 50-day moving average is $43.22 and its 200 day moving average is $41.53. The firm has a market capitalization of $687.44 million and a P/E ratio of 15.31. HomeFed Co. has a 12 month low of $31.10 and a 12 month 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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