Tejon Ranch Co (TRC) Files Form 4 Insider Buying : Dennis Atkinson Buys 500 Shares

Tejon Ranch Co (TRC): Dennis Atkinson , Senior Vice President- Farming of Tejon Ranch Co purchased 500 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 $19.57 per share for a total value of $9,785.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 8, 2016, Gregory S. Bielli (CEO) purchased 1,000 shares at $20.02 per share price.On Mar 16, 2016, Dennis Atkinson (Senior Vice President- Farming) purchased 2,093 shares at $19.55 per share price.Also, On Dec 14, 2015, Geoffrey L Stack (director) purchased 5,000 shares at $19.17 per share price.On Aug 21, 2015, Allen E Lyda (CFO) purchased 1,000 shares at $22.90 per share price.

Shares of Tejon Ranch Company (TRC) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.21 points or -1.06% at $19.62 with 23,157 shares getting traded. Post opening the session at $19.73, the shares hit an intraday low of $19.52 and an intraday high of $19.97 and the price vacillated in this range throughout the day. The company has a market cap of $407 M and the number of outstanding shares has been calculated to be 2,07,26,089 shares. The 52-week high of Tejon Ranch Company is $28 and the 52-week low is $16.85.

Tejon Ranch Company Money Flow Index Chart

Tejon Ranch Co. (Tejon) is a real estate development and agribusiness company. The Company operates in four segments: Real Estate Commercial/Industrial development; Real Estate Resort/Residential development; Mineral Resources and Farming. Its commercial/industrial real estate development segment includes building grazing and land lease activities land and building sales and ancillary land management activities. The resort/residential real estate development segment is engaged in the land entitlement and development process internally and through joint venture entities. It is focusing on over 8010 acres within Grapevine for a mixed use development to include housing retail and commercial components. Tejon’s Mineral resources segment includes oil and gas royalty leases rock and aggregate mining leases a lease with National Cement and sales of water. The farming segment also includes the sale of wine grapes almonds and pistachios. It is also engaged conservation projects.

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