Gladstone Land Corp (LAND): Lewis Parrish , CFO of Gladstone Land Corp purchased 150 shares on May 19, 2016. The Insider buying transaction was reported by the company on May 19, 2016 to the Securities and Exchange Commission. The shares were purchased at $10.00 per share for a total value of $1,500.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 9, 2016, Lewis Parrish (CFO) purchased 100 shares at $10.00 per share price.On May 9, 2016, Paul W Adelgren (director) purchased 1,000 shares at $10.19 per share price.Also, On Mar 10, 2016, David Gladstone (CEO) purchased 19,000 shares at $8.87 per share price.On Dec 16, 2015, John Dellafiora (Chief Compliance Officer) purchased 200 shares at $8.59 per share price.
Shares of Gladstone Land Corp (LAND) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.36 points or -3.44% at $10.1 with 64,368 shares getting traded. Post opening the session at $10.54, the shares hit an intraday low of $9.95 and an intraday high of $10.54 and the price vacillated in this range throughout the day. The company has a market cap of $100,929 M and the number of outstanding shares has been calculated to be 9,99,30,00,000 shares. The 52-week high of Gladstone Land Corp is $11.4 and the 52-week low is $6.72.
Gladstone Land Corporation is an externally-managed agricultural Real Estate Investment Trust (REIT). The Company is engaged in the business of owning and leasing farmland. The Company is engaged in leasing its farms to independent farming operations and corporate farming operations. As of December 31 2014 the Company owns 8370 acres consisted of 33 farms 15 in California nine in Florida four in Michigan four in Oregon and one in Arizona. The Company also owns three cooling facilities and one box barn. These properties are leased to 30 separate and unrelated tenants that are either corporate or independent farmers. The Company’s business and real estate portfolio investments are managed by Gladstone Management Corporation.