Insider Buying: The Intergroup Corp. (INTG) Major Shareholder Purchases $12,978.60 in Stock
The Intergroup Corp. (NASDAQ:INTG) major shareholder Corp Intergroup bought 485 shares of the firm’s stock in a transaction that occurred on Tuesday, November 8th. The shares were acquired at an average price of $26.76 per share, with a total value of $12,978.60. Following the acquisition, the insider now owns 1,014,570 shares of the company’s stock, valued at $27,149,893.20. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
The Intergroup Corp. (NASDAQ:INTG) opened at 22.866 on Monday. The company’s 50 day moving average price is $23.29 and its 200-day moving average price is $25.01. The Intergroup Corp. has a one year low of $20.09 and a one year high of $32.35. The company’s market cap is $54.44 million.
About The Intergroup Corp.
The InterGroup Corporation (InterGroup) is engaged in buying, developing, operating, rehabilitating and disposing real property of various types and descriptions, and engaged in such other business and investment activities. The Company operates in three reportable segments, the operation of the Hotel (Hotel Operations); the operation of its multi-family residential properties (Real Estate Operations), and the investment of its cash in marketable securities and other investments (Investment Transactions).
Receive News & Stock Ratings for The Intergroup Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Intergroup Corp. and related stocks with our FREE daily email newsletter.