A Director at Griffin Land & Nurseries (NASDAQ: GRIF) is Buying Shares


Today, a Director at Griffin Land & Nurseries (NASDAQ: GRIF), Thomas Israel, bought shares of GRIF for $39.98K.

Following Thomas Israel’s last GRIF Buy transaction on May 11, 2015, the stock climbed by 7.5%. Following this transaction Thomas Israel’s holding in the company was increased by 4.86% to a total of $954.9K.

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Based on Griffin Land & Nurseries’ latest earnings report for the quarter ending February 28, the company posted quarterly revenue of $8.31 million and GAAP net loss of $1.72 million. In comparison, last year the company earned revenue of $6.98 million and had a GAAP net loss of $939K. The company has a one-year high of $37.94 and a one-year low of $28.29. GRIF’s market cap is $188M and the company has a P/E ratio of 49.47.

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Griffin Industrial Realty, Inc. is engaged in in developing, managing and leasing industrial/warehouse properties, and to a lesser extent, office/flex properties. The company was founded in 1970 and is headquartered in New York, NY.

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