On November 15, 2024, Director Geoffrey Stack sold 2,338 shares of Tejon Ranch Co (TRC, Financial) as reported in a recent SEC Filing. Following this transaction, the insider now owns 93,544 shares of the company.
Tejon Ranch Co operates as a diversified real estate development and agribusiness company. The company owns land across four California counties and is involved in commercial/industrial real estate development, resort/residential development, and farming.
Over the past year, Geoffrey Stack has sold a total of 4,338 shares and has not made any purchases of the company's stock. This recent sale continues a trend observed in the company, where there have been 2 insider sells and no insider buys over the past year.
Shares of Tejon Ranch Co were trading at $16 on the day of the transaction. The company has a market cap of $430.237 million. The price-earnings ratio of the company stands at 9,999.00, significantly higher than both the industry median of 12.95 and the company's historical median.
According to the GF Value, the intrinsic value of Tejon Ranch Co's stock is estimated at $11.91, which suggests that the stock is Significantly Overvalued with a price-to-GF-Value ratio of 1.34.
The GF Value is calculated based on historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and estimated future business outcomes.
This insider sale might be of interest to current and potential investors, as it provides insight into the insider's perspective on the stock's valuation and future prospects.
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.
