Graham Holdings Co (GHC) Director Sells $848,310.00 in Stock
Graham Holdings Co (NYSE:GHC) Director Katharine Weymouth sold 1,500 shares of Graham stock in a transaction on Friday, December 15th. The shares were sold at an average price of $565.54, for a total value of $848,310.00. Following the transaction, the director now owns 14 shares in the company, valued at $7,917.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Graham Holdings Co (NYSE:GHC) opened at $572.35 on Thursday. The firm has a market capitalization of $3,176.18, a price-to-earnings ratio of 23.40 and a beta of 0.75. The company has a current ratio of 1.99, a quick ratio of 1.91 and a debt-to-equity ratio of 0.19. Graham Holdings Co has a 52-week low of $502.25 and a 52-week high of $615.85.
Graham announced that its board has approved a share buyback plan on Thursday, November 9th that allows the company to buyback 500,000 outstanding shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.
TRADEMARK VIOLATION WARNING: “Graham Holdings Co (GHC) Director Sells $848,310.00 in Stock” was reported by Watch List News and is owned by of Watch List News. If you are reading this news story on another publication, it was copied illegally and republished in violation of international copyright law. The original version of this news story can be viewed at https://www.watchlistnews.com/graham-holdings-co-ghc-director-sells-848310-00-in-stock/1775824.html.
Graham Company Profile
Graham Holdings Company, formerly The Washington Post Company, is a diversified education and media company whose principal operations include educational services, television broadcasting, cable television systems, and online, print and local TV news. The Company owns Kaplan, a provider of educational services to individuals, schools and businesses, serving over one million students annually with operations in more than 30 countries.
Receive News & Ratings for Graham Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Graham and related companies with MarketBeat.com's FREE daily email newsletter.