InterGroup Corp (NASDAQ:INTG) major shareholder Corp Intergroup acquired 400 shares of the firm’s stock in a transaction that occurred on Friday, September 13th. The stock was acquired at an average cost of $37.00 per share, with a total value of $14,800.00. Following the completion of the acquisition, the insider now directly owns 1,021,370 shares in the company, valued at $37,790,690. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.
Corp Intergroup also recently made the following trade(s):
- On Friday, September 6th, Corp Intergroup acquired 100 shares of InterGroup stock. The stock was acquired at an average cost of $37.00 per share, with a total value of $3,700.00.
- On Wednesday, September 4th, Corp Intergroup acquired 700 shares of InterGroup stock. The stock was acquired at an average cost of $35.71 per share, with a total value of $24,997.00.
- On Thursday, June 27th, Corp Intergroup acquired 3,000 shares of InterGroup stock. The stock was acquired at an average cost of $36.00 per share, with a total value of $108,000.00.
INTG stock remained flat at $$29.71 on Friday. The company had a trading volume of 790 shares, compared to its average volume of 1,255. InterGroup Corp has a 1-year low of $28.89 and a 1-year high of $39.35. The company has a market capitalization of $68.88 million, a P/E ratio of 12.43 and a beta of 0.20. The business has a 50 day simple moving average of $29.68 and a two-hundred day simple moving average of $30.47.
The InterGroup Corporation, through its subsidiaries, operates a hotel under the Hilton San Francisco Financial District name located in San Francisco, California. It operates through three segments: Hotel Operations, Real Estate Operations, and Investment Transactions. The company's hotel consists of 544 guest rooms and luxury suites with approximately 22,000 square feet of meeting room space, grand ballroom, five level underground parking garage, pedestrian bridge, and Chinese culture center.
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