HomeFed Co. (NASDAQ:HOFD) major shareholder Leucadia National Corp purchased 80,000 shares of the firm’s stock in a transaction dated Monday, October 3rd. The shares were bought at an average cost of $37.00 per share, with a total value of $2,960,000.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
HomeFed Co. (NASDAQ:HOFD) opened at 46.00 on Monday. The company’s 50-day moving average is $43.28 and its 200 day moving average is $41.61. The stock has a market capitalization of $710.61 million and a price-to-earnings ratio of 15.83. HomeFed Co. has a one year low of $31.10 and a one year high of $46.00.
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.
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.