Director Geoffrey Stack sold 2,000 shares of Tejon Ranch Co (TRC, Financial) on November 13, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 95,882 shares of the company.
Tejon Ranch Co operates as a diversified real estate development and agribusiness company. The company owns land across California and is involved in commercial/industrial real estate development, resort/residential development, and farming.
Over the past year, Geoffrey Stack has engaged in a total of 1 insider sell, disposing of 2,000 shares. There have been no recorded insider purchases during the same period. The overall insider transaction history for Tejon Ranch Co shows a similar trend with 1 insider sell and no insider buys over the past year.
Shares of Tejon Ranch Co were priced at $16.4 on the day of the transaction. The company's market cap stands at $432.115 million. The price-earnings ratio of the stock is significantly high at 268.50, compared to the industry median of 13.16 and the historical median for the company.
The GF Value for Tejon Ranch Co is calculated at $11.76, indicating that the stock is currently Significantly Overvalued with a price-to-GF-Value ratio of 1.39.
The GF Value is determined by considering historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This recent insider sell might interest investors tracking ownership changes and valuation metrics of Tejon Ranch Co.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
