HomeFed Co. (NASDAQ:HOFD) major shareholder National Corp Leucadia purchased 783,889 shares of HomeFed stock in a transaction on Thursday, March 23rd. The stock was bought at an average cost of $39.95 per share, with a total value of $31,316,365.55. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Shares of HomeFed Co. (NASDAQ:HOFD) traded down 1.78% during mid-day trading on Monday, hitting $44.20. The company’s stock had a trading volume of 334 shares. HomeFed Co. has a 1-year low of $32.56 and a 1-year high of $50.05. The company has a 50-day moving average price of $45.75 and a 200-day moving average price of $45.71. The stock has a market cap of $682.80 million and a PE ratio of 18.59.
ILLEGAL ACTIVITY WARNING: “Insider Buying: HomeFed Co. (HOFD) Major Shareholder Acquires 783,889 Shares of Stock” was first reported by Mideast Time and is owned by of Mideast Time. If you are accessing this story on another site, it was illegally stolen and reposted in violation of United States & international copyright laws. The legal version of this story can be accessed at https://www.mideasttime.com/insider-buying-homefed-co-hofd-major-shareholder-acquires-783889-shares-of-stock/1589622.html.
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.
Receive News & Ratings for HomeFed Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HomeFed Co. and related companies with MarketBeat.com's FREE daily email newsletter.