HomeFed Co. (NASDAQ:HOFD) President Paul J. Borden sold 2,508 shares of the stock in a transaction that occurred on Tuesday, August 29th. The stock was sold at an average price of $43.00, for a total value of $107,844.00. Following the completion of the transaction, the president now directly owns 16,200 shares of the company’s stock, valued at approximately $696,600. The sale was disclosed in a filing with the SEC, which is accessible through this link.

HomeFed Co. (NASDAQ HOFD) opened at 43.00 on Friday. HomeFed Co. has a 12 month low of $42.00 and a 12 month high of $50.05. The company has a market cap of $664.39 million and a price-to-earnings ratio of 40.76. The stock has a 50 day moving average price of $43.90 and a 200 day moving average price of $44.79.

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HomeFed Company Profile

HomeFed Corporation is a developer and owner of residential and mixed-use real estate projects in California, Virginia, South Carolina, Florida, Maine and New York. The Company operates through three segments: real estate, farming and corporate. Its real estate operations consist of a range of residential and commercial land development projects and other land, all in various stages of development, and retail and office operating properties.

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