Toll Brothers Inc (TOL) Files Form 4 Insider Selling : Carl B Marbach Sells 3,000 Shares

Toll Brothers Inc (TOL): Carl B Marbach , director of Toll Brothers Inc sold 3,000 shares on May 26, 2016. The Insider selling transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were sold at $29.12 per share for a total value of $87,344.20 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Dec 15, 2015, Christine Garvey (director) sold 41,000 shares at $33.22 per share price.On Aug 28, 2015, Richard J Braemer (director) sold 15,000 shares at $36.31 per share price.Also, On Aug 19, 2015, Douglas C. Jr. Yearley (Chief Executive Officer) sold 10,000 shares at $41.47 per share price.On Aug 19, 2015, Martin P. Connor (Chief Financial Officer) sold 4,000 shares at $40.95 per share price.

Shares of Toll Brothers Inc (TOL) ended Wednesday, May 25, 2016 session in red amid volatile trading. The shares closed down -0.37 points or -1.26% at $29.09 with 38,79,264 shares getting traded. Post opening the session at $29.78, the shares hit an intraday low of $29.015 and an intraday high of $29.84 and the price vacillated in this range throughout the day. The company has a market cap of $4,902 M and the number of outstanding shares has been calculated to be 16,85,26,000 shares. The 52-week high of Toll Brothers Inc is $42.19 and the 52-week low is $23.75.

Toll Brothers Inc Money Flow Index Chart

Toll Brothers Inc. is a property development company. The Company is engaged in designing building marketing and arranging finance for detached and attached homes in luxury residential communities. The Company caters to move-up empty-nester active-adult age-qualified and second-home buyers in the United States. The Company also builds and sells homes in urban infill markets through Toll City Living community. The Company operates on own land development architectural engineering mortgage title landscaping security monitoring lumber distribution house component assembly and manufacturing operations. The Company also develops owns and operates golf courses and country clubs which are associated with planned communities.

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