Trinity Place Holdings Inc. (OTCMKTS:TPHS) major shareholder Marcato Capital Management Lp sold 35,518 shares of the stock in a transaction on Friday, September 29th. The stock was sold at an average price of $7.07, for a total transaction of $251,112.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Marcato Capital Management Lp also recently made the following trade(s):

  • On Tuesday, September 12th, Marcato Capital Management Lp sold 47,632 shares of Trinity Place Holdings stock. The stock was sold at an average price of $7.18, for a total transaction of $341,997.76.
  • On Thursday, September 7th, Marcato Capital Management Lp sold 214,903 shares of Trinity Place Holdings stock. The stock was sold at an average price of $7.06, for a total transaction of $1,517,215.18.

Shares of Trinity Place Holdings Inc. (OTCMKTS:TPHS) traded down 1.40% on Friday, hitting $7.02. 19,198 shares of the stock traded hands. Trinity Place Holdings Inc. has a 12-month low of $6.53 and a 12-month high of $10.13. The stock’s market cap is $220.74 million. The stock has a 50-day moving average price of $6.93 and a 200 day moving average price of $7.08.

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Large investors have recently added to or reduced their stakes in the company. Third Avenue Management LLC raised its position in shares of Trinity Place Holdings by 1.1% in the second quarter. Third Avenue Management LLC now owns 4,882,914 shares of the company’s stock valued at $34,718,000 after purchasing an additional 53,900 shares during the period. Steel Canyon Capital LLC raised its position in shares of Trinity Place Holdings by 11.3% in the second quarter. Steel Canyon Capital LLC now owns 252,768 shares of the company’s stock valued at $1,797,000 after purchasing an additional 25,648 shares during the period. Susquehanna International Group LLP bought a new position in shares of Trinity Place Holdings in the second quarter valued at approximately $249,000. State Street Corp raised its position in shares of Trinity Place Holdings by 1.9% in the second quarter. State Street Corp now owns 399,390 shares of the company’s stock valued at $2,841,000 after purchasing an additional 7,350 shares during the period. Finally, Vanguard Group Inc. raised its position in shares of Trinity Place Holdings by 14.2% in the second quarter. Vanguard Group Inc. now owns 637,399 shares of the company’s stock valued at $4,531,000 after purchasing an additional 79,086 shares during the period.

Separately, TheStreet downgraded shares of Trinity Place Holdings from a “c-” rating to a “d+” rating in a research note on Friday, August 4th.

Insider Buying and Selling by Quarter for Trinity Place Holdings (OTCMKTS:TPHS)

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