Santa Fe Financial Corp. (SFEF) insider have most recently took part in a trading activity. On Jun 21, 2017 Intergroup Corp, 10% Owner bought 1,300 shares having total worth of $45,383 at the price of $34.91 per share, following the transaction a total of 1,016,570 shares owned by Intergroup Corp. Before this latest buy, Intergroup Corp purchased SFEF at 4 other times during the past twelve months, for a total investment of $34,279 at an average of $30.61 per share.
Furthermore, over the past 12 months , the stock was traded 4 times by insiders. an employee of the company was the buyer in 4 instances.
Santa Fe Financial Corporation (Santa Fe) was incorporated under the name of Tri Financial Corporation in the State of Nevada on July 25, 1967 as a wholly owned subsidiary of Crateo, Inc, a public company. On October 31, 1969, Crateo issued a one-for-one stock dividend of all of its shares of Tri Financial to its common shareholders. On September 17, 1970, the name of the Corporation was changed to Santa Fe Financial Corporation. The Company’s main source of operating revenue has been, and continues to be, derived from the management of its 68.8% owned subsidiary, Portsmouth. Portsmouth’s main business is conducted through its general and limited partnership interest in the Justice Investors limited partnership, rental income from its investments in multi-family real estate properties and income received from investment of its cash and securities assets. Portsmouth has a 50.0% limited partnership interest in Justice and serves as the managing general partner of Justice. Evon Corporation (‘Evon’) serves as the other general partner. Justice owns the land, improvements and leaseholds at 750 Kearny Street, San Francisco, California, known as the Hilton San Francisco Financial District. The Hotel is operated by the Partnership as a full service Hilton brand hotel pursuant to a Franchise License Agreement with Hilton Hotels Corporation. In addition to the operations of the Hotel, the Company also generates income from the ownership and management of real estate. On December 31, 1997, the Company acquired a controlling 55.4% interest in Intergroup Woodland Village, Inc. (Woodland Village) from InterGroup. Woodland Village’s major asset is a 27-unit apartment complex located in Los Angeles, California. The Company also owns a two-unit apartment building in Los Angeles, California. Competition is often specific to the individual market in which properties are located. In connection with the ownership of the Hotel, the Company is subject to federal, state and local laws, ordinances and regulations relating to environmental protection.
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