Ian M. Cumming Sells 607,733 Shares of HomeFed Co. (HOFD) Stock

HomeFed Co. (NASDAQ:HOFD) Director Ian M. Cumming sold 607,733 shares of the company’s stock in a transaction that occurred on Thursday, March 23rd. The stock was sold at an average price of $39.95, for a total value of $24,278,933.35. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

HomeFed Co. (NASDAQ:HOFD) traded down 1.78% during midday trading on Monday, hitting $44.20. The stock had a trading volume of 334 shares. The firm has a market cap of $682.80 million and a PE ratio of 18.59. The stock has a 50-day moving average price of $45.75 and a 200 day moving average price of $45.71. HomeFed Co. has a one year low of $32.56 and a one year high of $50.05.

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HomeFed Company Profile

HomeFed Corporation is a developer and owner of residential and mixed-use real estate projects in California, Virginia, South Carolina, Florida, Maine and New York. The Company operates through three segments: real estate, farming and corporate. Its real estate operations consist of a range of residential and commercial land development projects and other unimproved land, all in various stages of development, and retail and office operating properties.

5 Day Chart for NASDAQ:HOFD

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