Insider Selling: Consolidated-Tomoka Land Co. (NYSEAMERICAN:CTO) CEO Sells 1,453 Shares of Stock

Consolidated-Tomoka Land Co. (NYSEAMERICAN:CTO) CEO John P. Albright sold 1,453 shares of the stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $62.87, for a total transaction of $91,350.11. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Consolidated-Tomoka Land Co. (NYSEAMERICAN:CTO) traded up $0.88 on Thursday, hitting $67.58. 10,517 shares of the stock traded hands, compared to its average volume of 18,827. Consolidated-Tomoka Land Co. has a 12-month low of $49.73 and a 12-month high of $67.58. The firm has a market capitalization of $372.41, a P/E ratio of 16.85 and a beta of 1.14.

Consolidated-Tomoka Land (NYSEAMERICAN:CTO) last posted its quarterly earnings data on Wednesday, October 18th. The financial services provider reported $0.18 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.22 by ($0.04). Consolidated-Tomoka Land had a net margin of 7.81% and a return on equity of 2.43%. The company had revenue of $12.38 million for the quarter, compared to analyst estimates of $15.03 million.

Several equities analysts have recently issued reports on CTO shares. Zacks Investment Research upgraded shares of Consolidated-Tomoka Land from a “hold” rating to a “buy” rating and set a $65.00 price objective on the stock in a report on Thursday, November 2nd. B. Riley restated a “buy” rating on shares of Consolidated-Tomoka Land in a report on Wednesday, November 1st. FBR & Co set a $80.00 price objective on shares of Consolidated-Tomoka Land and gave the company a “buy” rating in a report on Tuesday, October 31st. Finally, BidaskClub upgraded shares of Consolidated-Tomoka Land from a “hold” rating to a “buy” rating in a report on Wednesday, September 13th.

WARNING: “Insider Selling: Consolidated-Tomoka Land Co. (NYSEAMERICAN:CTO) CEO Sells 1,453 Shares of Stock” was first reported by StockNewsTimes and is the sole property of of StockNewsTimes. If you are accessing this article on another website, it was copied illegally and reposted in violation of international copyright legislation. The original version of this article can be read at https://stocknewstimes.com/2018/01/12/consolidated-tomoka-land-co-cto-ceo-john-p-albright-sells-1453-shares-of-stock.html.

About Consolidated-Tomoka Land

Consolidated-Tomoka Land Co is a real estate operating company. As of December 31, 2016, the Company owned and managed 31 commercial real estate properties in 10 states in the United States. Its segments include Income Properties, Commercial Loan Investments, Real Estate Operations, Golf Operations, and Agriculture and Other.

Insider Buying and Selling by Quarter for Consolidated-Tomoka Land (NYSEAMERICAN:CTO)

Receive News & Ratings for Consolidated-Tomoka Land Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Consolidated-Tomoka Land and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply