Insider Trading Alert: Gladstone Land Corporation $LAND

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Gladstone Land Corporation (LAND) insider have most recently took part in a trading activity. On Jun 14, 2017 Gladstone David, CEO, 10% Owner bought 20,000 shares having total worth of $227,600 at the price of $11.38 per share, following the transaction a total of 1,988,585 shares owned by Gladstone David. Before this latest buy, Gladstone David purchased LAND at 1 other times during the past twelve months, for a total investment of $223,000 at an average of $11.15 per share.

Furthermore, over the past 12 months , the stock was traded 8 times by insiders. an employee of the company was the buyer in 8 instances.

Shares of Gladstone Land Corporation (LAND) traded up 0.09% on Jun 15, 2017, hitting $11.35. 47,443 shares of the company’s stock traded hands. Gladstone Land Corporation has a 52 week low of $6.59 and a 52 week high of $12.66. The company’s market cap is $110 million.

Gladstone Land Corporation (LAND) last announced its earnings results on May 9, 2017. The company reported 0.14 earnings per share (EPS) for the quarter, higher than the consensus estimate of -0.01 by $0.15. The company had revenue of $6 million for the quarter, compared to the consensus estimate of $6 million. During the same quarter in the previous year, the company posted 0.12 earnings per share. The company’s revenue for the quarter was up 56% on a year-over-year basis.

2017-05-09 2017-02-21 2016-11-14 2016-08-02 2016-05-02 2016-02-23 2015-11-03 2015-08-04 2015-05-15 2015-02-24
earnings per share 0.14 0.14 0.14 0.14 0.12 0.13 0.11 0.10 0.00 0.16
Revenue(M) 5.75 4.92 4.47 4.24 3.68 3.41 3.08 2.78 2.63 2.35

Gladstone Land Corp is a Maryland corporate incorporated in 24 March 2011. It is an externally-managed real estate company formed to invest in farmlands located in major agricultural markets throughout the United States of America. The Company also acquires property related to farming, such as storage facilities utilized for cooling crops, processing plants, packaging buildings and distribution centers and currently owns two cooler buildings and one box barn used for storage and assembly of shipping boxes. It intends to lease its properties under triple-net leases. The Company leases its farms, five of which are located in or near Watsonville, California, one is near Oxnard, California, five are near Plant City, Florida and one is near Wimauma, Florida with farmland location concentrated where tenants are able to grow annual row crops such as berries, lettuce and melons, among others.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.