Media headlines about Tejon Ranch (NYSE:TRC) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Tejon Ranch earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave news articles about the real estate development and agribusiness company an impact score of 45.4006129993484 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Tejon Ranch Co (TRC) Director Buys $18,000.00 in Stock (americanbankingnews.com)
- Tejon Ranch Co (TRC) CEO Purchases $100,800.00 in Stock (americanbankingnews.com)
- Allen E. Lyda Buys 5,000 Shares of Tejon Ranch Co (TRC) Stock (americanbankingnews.com)
- Daniel R. Tisch Purchases 1,096,169 Shares of Tejon Ranch Co (TRC) Stock (americanbankingnews.com)
- Tejon Ranch Raises $90 Million for Development (sfvbj.com)
Tejon Ranch (TRC) traded up $0.92 during trading on Friday, hitting $19.61. 389,188 shares of the stock traded hands, compared to its average volume of 147,329. The company has a current ratio of 1.22, a quick ratio of 0.94 and a debt-to-equity ratio of 0.20.
Separately, BidaskClub cut shares of Tejon Ranch from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 10th.
In related news, Director Daniel R. Tisch acquired 1,096,169 shares of the stock in a transaction dated Friday, October 27th. The shares were purchased at an average price of $18.00 per share, for a total transaction of $19,731,042.00. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Dennis Atkinson sold 3,000 shares of the firm’s stock in a transaction on Wednesday, August 30th. The shares were sold at an average price of $19.83, for a total transaction of $59,490.00. Following the sale, the insider now owns 46,266 shares in the company, valued at approximately $917,454.78. The disclosure for this sale can be found here. In the last 90 days, insiders have bought 1,108,046 shares of company stock worth $19,944,828. Corporate insiders own 29.40% of the company’s stock.
Tejon Ranch Company Profile
Tejon Ranch Co is a diversified real estate development and agribusiness company. The Company operates through five segments: Real Estate-Commercial/Industrial; Real Estate-Resort/Residential; Mineral Resources; Farming Operations, and Ranch Operations. Its Real Estate-Commercial/Industrial segment is engaged in building, land lease activities, and land and building sales.
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