Gyrodyne , LLC (GYRO) Director Purchases $30,660.00 in Stock
Gyrodyne , LLC (NASDAQ:GYRO) Director Paul L. Lamb bought 1,500 shares of the business’s stock in a transaction on Friday, August 25th. The shares were acquired at an average price of $20.44 per share, with a total value of $30,660.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
Shares of Gyrodyne , LLC (NASDAQ:GYRO) traded down 0.73% during trading on Monday, reaching $20.35. 390 shares of the company’s stock were exchanged. The company’s 50-day moving average price is $20.28 and its 200 day moving average price is $20.48. Gyrodyne , LLC has a 52 week low of $18.15 and a 52 week high of $22.90. The firm’s market capitalization is $30.16 million.
Gyrodyne Company of America, Inc (Gyrodyne) is a self-managed and self-administered real estate investment trust (REIT). During 2013, the Company distributed to its shareholders, as the non-cash portion of the special dividend announced on September 12, 2013 (the Special Dividend), all of the equity interests of its subsidiary Gyrodyne Special Distribution LLC (GSD), which owned 100% of the interests (through GSD’s subsidiaries) in the Company’s four real estate properties, subject to related mortgage debt in favor of Flowerfield Mortgage Inc, also a subsidiary of the Company, with the Company having the contractual right to manage the business and properties of GSD.
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