Consolidated Tomoka Land Co (CTO) Files Form 4 Insider Buying : Daniel Earl Smith Buys 234 Shares

Consolidated Tomoka Land Co (CTO): Daniel Earl Smith , Sr. VP & General Counsel of Consolidated Tomoka Land Co purchased 234 shares on May 5, 2016. The Insider buying transaction was reported by the company on May 6, 2016 to the Securities and Exchange Commission. The shares were purchased at $49.30 per share for a total value of $11,536.20 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 18, 2016, Daniel Earl Smith (Sr. VP & General Counsel) purchased 500 shares at $46.27 per share price.On Dec 2, 2015, John P Albright (President & CEO) sold 10,600 shares at $56.83 per share price.Also, On Aug 25, 2015, Mark E Patten (CFO) purchased 500 shares at $52.31 per share price.On Aug 25, 2015, William L. Olivari (director) purchased 500 shares at $52.50 per share price.

Consolidated-Tomoka Land Co.: On Wednesday, May 4, 2016 heightened volatility was witnessed in Consolidated-Tomoka Land Co. which led to swings in the share price. The shares opened for trading at $48.81 and hit $50 on the upside , eventually ending the session at $49.57, with a gain of 1.66% or 0.81 points. The heightened volatility saw the trading volume jump to 9,171 shares. The 52-week high of the share price is $60.085 and the company has a market cap of $293 M . The 52-week low of the share price is at $42.53.

Consolidated-Tomoka Land Co. Money Flow Index Chart

Consolidated-Tomoka Land Co. is a real estate operating company. The Company owns and manages around 43 commercial real estate properties in 10 states in the United States. The Company operates in four business segments: income properties commercial loan investments real estate operations and golf operations. The income property business is focused on investing in income-producing properties. The real estate operations consist of land transactions and leasing and royalty income from its interests in subsurface oil gas and mineral rights. The golf operations segment consists of a single property located in the City of Daytona Beach with two 18-hole championship golf courses a practice facility and clubhouse facilities including a restaurant and bar operation and pro-shop with retail merchandise. The Company owns around 36 single-tenant and seven multi-tenant properties with around 1100000 square feet of gross leasable space.

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