Trinity Place Holdings Inc. (TPHS) Shares Sold by Kahn Brothers Group Inc. DE
Kahn Brothers Group Inc. DE lowered its position in shares of Trinity Place Holdings Inc. (OTCMKTS:TPHS) by 1.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,049,050 shares of the company’s stock after selling 13,201 shares during the period. Trinity Place Holdings comprises 1.1% of Kahn Brothers Group Inc. DE’s holdings, making the stock its 19th largest position. Kahn Brothers Group Inc. DE owned approximately 3.34% of Trinity Place Holdings worth $7,459,000 at the end of the most recent reporting period.
Separately, SG Americas Securities LLC acquired a new position in Trinity Place Holdings during the second quarter worth about $162,000.
Trinity Place Holdings Inc. (OTCMKTS:TPHS) traded down 0.29% on Friday, reaching $6.76. 32,597 shares of the company were exchanged. Trinity Place Holdings Inc. has a 52 week low of $6.53 and a 52 week high of $10.37. The stock has a 50-day moving average price of $6.91 and a 200 day moving average price of $7.25. The stock’s market capitalization is $212.57 million.
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Separately, TheStreet downgraded shares of Trinity Place Holdings from a “c-” rating to a “d+” rating in a research report on Friday, August 4th.
In related news, insider Mfp Partners Lp bought 8,608 shares of the firm’s stock in a transaction that occurred on Tuesday, June 6th. The stock was purchased at an average price of $6.91 per share, for a total transaction of $59,481.28. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders purchased a total of 70,993 shares of company stock valued at $492,249 in the last quarter.
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