Insider Selling: HomeFed Co. (HOFD) VP Sells 7,000 Shares of Stock
HomeFed Co. (NASDAQ:HOFD) VP Erin N. Ruhe sold 7,000 shares of HomeFed stock in a transaction on Tuesday, August 29th. The shares were sold at an average price of $43.00, for a total transaction of $301,000.00. Following the transaction, the vice president now owns 23,000 shares in the company, valued at approximately $989,000. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
HomeFed Co. (NASDAQ:HOFD) remained flat at $43.00 on Thursday. 200 shares of the company’s stock traded hands. The stock’s 50 day moving average is $44.34 and its 200 day moving average is $44.86. HomeFed Co. has a 12 month low of $42.00 and a 12 month high of $50.05. The stock has a market capitalization of $664.39 million and a P/E ratio of 40.76.
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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 land, all in various stages of development, and retail and office operating properties.
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