LEBEC, CA — Daniel Tisch purchased 490,000 shares of Tejon Ranch Co stock, or $11,760,000 worth, as noted in an SEC Filing today. After the transaction, Daniel Tisch's stake was reported as 2,600,000 shares of Tejon Ranch Co stock (a 23% increase from before the transaction took place).
As noted on January 6, 2012, Daniel Tisch's purchase was done directly over 1 transaction on January 5, 2012. The share price for the transaction was $24 according to the regulatory filing detailing the trade.
If we look over the past 12 months, Daniel Tisch has sold no shares of Tejon Ranch Co stock. Over the same time period, Daniel Tisch has purchased 597,500 shares of Tejon Ranch Co, with a total cost of $14,304,070.
Let's take a quick, high-level look at insider trading at Tejon Ranch Co over the past 12 months. A total of 217,505 shares of Tejon Ranch Co stock was sold by insiders, totaling $7,375,740. Over the same time 12 month time period, 597,500 shares of Tejon Ranch Co, for a total value of $14,304,070 were purchased by company insiders.
In addition to Daniel Tisch's role with Tejon Ranch Co, Daniel Tisch has affiliations with 8 other companies. Daniel Tisch's affiliations include Johnson Outdoors Inc, Adamis Pharmaceuticals Corp, Fisher Communications Inc, Incyte Corp, Neurogen Corp, Saga Communications Inc, Soapstone Networks Inc, Tejon Ranch Co, Synageva Biopharma Corp .
To view the complete SEC Filing: Tejon Ranch Co 4 (Insider Trading) SEC Filing