On November 26, 2024, Geoffrey Stack, a Director at Tejon Ranch Co (TRC, Financial), sold 2,500 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 80,044 shares of the company.
Tejon Ranch Co (TRC) is a diversified real estate development and agribusiness company. The company is involved in land planning and entitlement, land development, commercial sales and leasing, and resource management. It operates primarily in California, focusing on the development of its land holdings.
Over the past year, Geoffrey Stack has sold a total of 17,838 shares and has not purchased any shares. The insider transaction history for Tejon Ranch Co indicates that there have been zero insider buys and five insider sells over the same period.
As of the date of the recent sale, shares of Tejon Ranch Co were trading at $16.10 each, giving the stock a market cap of $427.289 million. The company's price-earnings ratio stands at 9,999.00, which is significantly higher than the industry median of 12.97 and the company's historical median price-earnings ratio.
With a trading price of $16.10 and a GF Value of $11.87, Tejon Ranch Co has a price-to-GF-Value ratio of 1.36, indicating that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.
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.
