Griffin Industrial Realty Inc (GRIF) SVP Sells $119,592.00 in Stock

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.



Several institutional investors have recently added to or reduced their stakes in GRIF. BlackRock Inc. boosted its stake in shares of Griffin Industrial Realty by 15.6% during the 2nd quarter. BlackRock Inc. now owns 113,732 shares of the financial services provider’s stock worth $5,003,000 after purchasing an additional 15,352 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Griffin Industrial Realty by 2.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 211,372 shares of the financial services provider’s stock worth $9,298,000 after purchasing an additional 5,461 shares during the last quarter. Renaissance Technologies LLC boosted its stake in shares of Griffin Industrial Realty by 64.1% during the 2nd quarter. Renaissance Technologies LLC now owns 38,237 shares of the financial services provider’s stock worth $1,682,000 after purchasing an additional 14,937 shares during the last quarter. Finally, California Public Employees Retirement System acquired a new stake in shares of Griffin Industrial Realty during the 2nd quarter worth about $216,000. 46.54% of the stock is currently owned by institutional investors.

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

Insider Buying and Selling by Quarter for Griffin Industrial Realty (NASDAQ:GRIF)

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