The Intergroup Corporation (NASDAQ:INTG) COO Acquires $36,072.00 in Stock

The Intergroup Corporation (NASDAQ:INTG) COO David C. Gonzalez bought 2,700 shares of the business’s stock in a transaction dated Wednesday, June 25th. The stock was acquired at an average cost of $13.36 per share, for a total transaction of $36,072.00. Following the completion of the acquisition, the chief operating officer now directly owns 35,529 shares in the company, valued at approximately $474,667.44. This trade represents a 8.22% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Intergroup Price Performance

Shares of Intergroup stock opened at $13.05 on Friday. The stock has a market capitalization of $28.06 million, a price-to-earnings ratio of -3.83 and a beta of 0.10. The firm’s fifty day simple moving average is $12.31 and its 200-day simple moving average is $12.99. The Intergroup Corporation has a 12 month low of $10.18 and a 12 month high of $22.84.

Intergroup (NASDAQ:INTG) last announced its quarterly earnings data on Thursday, May 15th. The financial services provider reported ($0.27) earnings per share (EPS) for the quarter. The business had revenue of $16.82 million for the quarter.

Analyst Ratings Changes

Separately, Wall Street Zen started coverage on shares of Intergroup in a report on Thursday, May 22nd. They issued a “hold” rating on the stock.

Intergroup Company Profile

The InterGroup Corporation, through its subsidiaries, operates a hotel under the Hilton San Francisco Financial District name located in San Francisco, California. The company operates through three segments: Hotel Operations, Real Estate Operations, and Investment Transactions. Its hotel consists of guest rooms and luxury suites, a restaurant, a lounge, a private dining room, meeting room space, a gym, a grand ballroom, 5-level underground parking garage, a pedestrian bridge, and a Chinese culture center.