The EC of Griffin Land & Nurseries (GRIF) is Buying Shares


Today, the EC of Griffin Land & Nurseries (NASDAQ: GRIF), Frederick Danziger, bought shares of GRIF for $496.1K.

This recent transaction increases Frederick Danziger’s holding in the company by 23.61% to a total of $14.17 million. Following Frederick Danziger’s last GRIF Buy transaction on April 22, 2015, the stock climbed by 8.8%.

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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. GRIF’s market cap is $199.5M and the company has a P/E ratio of 52.48. Currently, Griffin Land & Nurseries has an average volume of 778.

In the last 30 days, insiders have sold $188.7K worth of GRIF shares and purchased $701.4K worth of GRIF shares. The insider sentiment on Griffin Land & Nurseries has been neutral according to 24 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Frederick Danziger’s trades have generated a -17.9% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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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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