Yesterday, the Chairman & CEO of Maui Land & Pineapple Company (MLP), Warren Haruki, bought shares of MLP for $447.5K.
Following Warren Haruki’s last MLP Buy transaction on July 29, 2010, the stock climbed by 7.7%. This recent transaction increases Warren Haruki’s holding in the company by 10.34% to a total of $4.5 million.
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Based on Maui Land & Pineapple Company’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $2.73 million and quarterly net profit of $3.73 million. In comparison, last year the company earned revenue of $2.52 million and had a GAAP net loss of $929K. MLP’s market cap is $221.5M and the company has a P/E ratio of 475.41. Currently, Maui Land & Pineapple Company has an average volume of 3,492.
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Maui Land & Pineapple Co., Inc. is a landholding and operating company, dedicated to agriculture, resort operation and the creation and management of holistic communities. The company operates through the following business segments: Real Estate, Leasing, Utilities and Resort Amenities.
