CKX Lands (NYSEAMERICAN:CKX) Insider Sells $21,212.10 in Stock

CKX Lands, Inc. (NYSEAMERICAN:CKX) insider Lee Boyer sold 962 shares of the stock in a transaction that occurred on Monday, November 9th. The shares were sold at an average price of $22.05, for a total transaction of $21,212.10. Following the completion of the transaction, the insider directly owned 2,000 shares of the company’s stock, valued at approximately $44,100. The trade was a 32.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

CKX Lands Price Performance

Shares of CKX Lands stock opened at $15.84 on Friday. The company’s 50 day moving average price is $11.14 and its two-hundred day moving average price is $10.91. The firm has a market capitalization of $32.47 million, a P/E ratio of 11.15 and a beta of -0.10. CKX Lands, Inc. has a fifty-two week low of $8.66 and a fifty-two week high of $24.74.

CKX Lands (NYSEAMERICAN:CKX) last announced its quarterly earnings results on Friday, August 7th. The financial services provider reported $0.06 earnings per share (EPS) for the quarter. CKX Lands had a net margin of 419.31% and a return on equity of 13.95%. The company had revenue of $0.17 million during the quarter.

Institutional Investors Weigh In On CKX Lands

An institutional investor recently bought a new position in CKX Lands stock. Vise Technologies Inc. bought a new stake in CKX Lands, Inc. (NYSEAMERICAN:CKX) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 17,157 shares of the financial services provider’s stock, valued at approximately $180,000. Vise Technologies Inc. owned about 0.84% of CKX Lands at the end of the most recent quarter. 16.13% of the stock is owned by hedge funds and other institutional investors.

CKX Lands Company Profile

CKX Lands, Inc. is a land and mineral rights holding company based in Louisiana. The company owns and manages surface acreage, mineral interests and other real estate assets, with its holdings concentrated primarily in southwestern Louisiana. CKX Lands generates income from leasing its mineral interests for oil and natural gas exploration and production, as well as from royalties associated with production on those properties. Its activities may also include timber sales, surface leases and recreational uses such as hunting and fishing, depending on the property.