Griffin Industrial Realty Inc (NASDAQ:GRIF) SVP Thomas M. Lescalleet sold 3,322 shares of the firm’s stock in a transaction dated Thursday, October 25th. The stock was sold at an average price of $36.00, for a total transaction of $119,592.00. Following the sale, the senior vice president now directly owns 3,322 shares in the company, valued at $119,592. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Griffin Industrial Realty stock opened at $35.12 on Thursday. Griffin Industrial Realty Inc has a 12-month low of $33.95 and a 12-month high of $46.50.
Griffin Industrial Realty (NASDAQ:GRIF) last released its quarterly earnings results on Tuesday, October 9th. The financial services provider reported ($0.02) earnings per share (EPS) for the quarter. Griffin Industrial Realty had a negative return on equity of 1.06% and a negative net margin of 5.85%. The firm had revenue of $8.00 million for the quarter.
Separately, TheStreet cut shares of Griffin Industrial Realty from a “b-” rating to a “c+” rating in a research note on Monday, July 23rd.
Griffin Industrial Realty Company Profile
Griffin Industrial Realty, Inc develops, manages, and leases industrial and commercial properties in the United States. As of November 30, 2017, the company owned 35 buildings comprising 23 industrial/warehouse buildings, 11 office/flex buildings, and a restaurant building. It also owns approximately 2,791 acres of land in Connecticut, as well as owns approximately 346 acres of land in Massachusetts, 131 acres of land in Pennsylvania, 18 acres in North Carolina, and 1,066 acres in northern Florida.
Further Reading: Understanding Market Liquidity
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