Green Brick Partners Inc (NASDAQ:GRBK) Director Elizabeth Blake acquired 15,000 shares of Green Brick Partners stock in a transaction on Tuesday, November 13th. The shares were bought at an average price of $8.86 per share, for a total transaction of $132,900.00. Following the completion of the purchase, the director now directly owns 138,366 shares in the company, valued at $1,225,922.76. The purchase was disclosed in a legal filing with the SEC, which is available through this link.
Shares of Green Brick Partners stock traded up $0.13 during trading hours on Thursday, reaching $8.75. The company’s stock had a trading volume of 142,700 shares, compared to its average volume of 134,691. Green Brick Partners Inc has a one year low of $8.34 and a one year high of $12.50. The company has a market cap of $438.73 million, a P/E ratio of 6.98 and a beta of 1.63.
Green Brick Partners (NASDAQ:GRBK) last posted its quarterly earnings results on Tuesday, November 6th. The financial services provider reported $0.24 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.29 by ($0.05). Green Brick Partners had a return on equity of 14.02% and a net margin of 5.28%. The business had revenue of $149.99 million during the quarter.
GRBK has been the topic of a number of research analyst reports. Citigroup set a $11.00 price objective on shares of Green Brick Partners and gave the company a “buy” rating in a research note on Thursday, November 8th. BidaskClub upgraded shares of Green Brick Partners from a “hold” rating to a “buy” rating in a research note on Saturday, October 13th. Finally, Credit Suisse Group initiated coverage on shares of Green Brick Partners in a research note on Friday, August 24th. They set a “neutral” rating and a $9.00 price objective on the stock.
About Green Brick Partners
Green Brick Partners, Inc operates as a homebuilding and land development company in the United States. It operates in Builder Operations and Land Development segments. The company is involved in the land acquisition and development, entitlements, design, construction, marketing, and sale of townhomes, single family, and luxury homes in residential neighborhoods and master planned communities; development and sale of lots for public and large private builders; and land and construction financing business.
Further Reading: Dollar Cost Averaging
Receive News & Ratings for Green Brick Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Green Brick Partners and related companies with MarketBeat.com's FREE daily email newsletter.