Green Brick Partners Inc (GRBK) Director Elizabeth Blake Acquires 20,000 Shares
Green Brick Partners Inc (NASDAQ:GRBK) Director Elizabeth Blake purchased 20,000 shares of the company’s stock in a transaction dated Tuesday, March 21st. The stock was acquired at an average price of $9.49 per share, with a total value of $189,800.00. Following the completion of the transaction, the director now owns 94,123 shares of the company’s stock, valued at approximately $893,227.27. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Shares of Green Brick Partners Inc (NASDAQ:GRBK) traded down 1.52% on Thursday, reaching $9.70. 55,944 shares of the company were exchanged. The stock has a market capitalization of $475.43 million, a PE ratio of 19.96 and a beta of 2.11. The firm has a 50 day moving average price of $9.68 and a 200-day moving average price of $9.31. Green Brick Partners Inc has a 12-month low of $6.57 and a 12-month high of $10.85.
Green Brick Partners (NASDAQ:GRBK) last released its quarterly earnings results on Monday, March 13th. The financial services provider reported $0.28 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.14 by $0.14. The company had revenue of $119.76 million for the quarter, compared to the consensus estimate of $111.90 million. Green Brick Partners had a net margin of 6.00% and a return on equity of 9.00%. Green Brick Partners’s revenue was up 59.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.16 earnings per share. On average, analysts predict that Green Brick Partners Inc will post $0.59 EPS for the current fiscal year.
ILLEGAL ACTIVITY NOTICE: “Green Brick Partners Inc (GRBK) Director Elizabeth Blake Acquires 20,000 Shares” was first reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this piece on another site, it was copied illegally and reposted in violation of U.S. & international trademark and copyright laws. The legal version of this piece can be viewed at https://www.thecerbatgem.com/2017/04/20/green-brick-partners-inc-grbk-director-elizabeth-blake-purchases-20000-shares-updated-updated.html.
Large investors have recently added to or reduced their stakes in the stock. Teachers Advisors LLC increased its stake in Green Brick Partners by 0.4% in the fourth quarter. Teachers Advisors LLC now owns 39,654 shares of the financial services provider’s stock worth $399,000 after buying an additional 153 shares during the last quarter. Ranger Investment Management L.P. increased its stake in Green Brick Partners by 20.3% in the fourth quarter. Ranger Investment Management L.P. now owns 216,574 shares of the financial services provider’s stock worth $2,177,000 after buying an additional 36,494 shares during the last quarter. Guggenheim Capital LLC increased its stake in Green Brick Partners by 41.5% in the fourth quarter. Guggenheim Capital LLC now owns 14,724 shares of the financial services provider’s stock worth $148,000 after buying an additional 4,321 shares during the last quarter. Metropolitan Life Insurance Co. NY acquired a new stake in Green Brick Partners during the fourth quarter worth about $183,000. Finally, Old West Investment Management LLC increased its stake in Green Brick Partners by 16.8% in the fourth quarter. Old West Investment Management LLC now owns 161,753 shares of the financial services provider’s stock worth $1,625,000 after buying an additional 23,230 shares during the last quarter. 82.73% of the stock is currently owned by institutional investors.
Green Brick Partners Company Profile
Green Brick Partners, Inc, formerly BioFuel Energy Corp., is a real estate operator. The Company is involved in the purchase and development of land for residential use, construction lending and home building operations. The Company operates through two segments: land development and homebuilding services.
Receive News & Stock Ratings for Green Brick Partners Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Green Brick Partners Inc and related stocks with our FREE daily email newsletter.