Limoneira Co (LMNR) Files Form 4 Insider Selling : John W.h. Merriman Sells 2,338 Shares

Limoneira Co (LMNR): John W.h. Merriman , director of Limoneira Co sold 2,338 shares on Apr 7, 2016. The Insider selling transaction was disclosed on Apr 11, 2016 to the Securities and Exchange Commission. The shares were sold at $14.79 per share for a total value of $34,559.10.

Currently the company Insiders own 5.6% of Limoneira Company shares according to the proxy statements.Institutional Investors own 25.48% of Limoneira Company shares.

Limoneira Company: On Monday, Apr 11, 2016 heightened volatility was witnessed in Limoneira Company which led to swings in the share price. The shares opened for trading at $14.97 and hit $14.99 on the upside , eventually ending the session at $14.88, with a gain of 0.95% or 0.14 points. The heightened volatility saw the trading volume jump to 32,354 shares. The 52-week high of the share price is $24.22 and the company has a market cap of $211 M . The 52-week low of the share price is at $11.3.

Limoneira Company Money Flow Index Chart

Limoneira Company is an agribusiness and real estate development company. The Company’s operations consist of fruit production sales and marketing rental operations real estate development and capital investment activities. The Company has three business segments: agribusiness rental operations and real estate development. The agribusiness segment includes its farming and lemon packing and sales operations. The rental operations segment includes its residential and commercial rentals leased land operations and organic recycling. The real estate development segment includes its real estate projects and development. In addition to growing lemons and avocados the Company also grows oranges and a variety of specialty citrus and other crops. It also operates its own packinghouse in Santa Paula California and Yuma Arizona where it processes packs and sells lemons it grows as well as lemons grown by others.

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