John C. Love Sells 10,485 Shares of The InterGroup Co. (NASDAQ:INTG) Stock

The InterGroup Co. (NASDAQ:INTG) Director John C. Love sold 10,485 shares of the firm’s stock in a transaction on Friday, December 20th. The shares were sold at an average price of $14.25, for a total value of $149,411.25. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

The InterGroup Stock Down 0.1 %

Shares of INTG stock opened at $14.27 on Friday. The company’s 50 day moving average is $14.20 and its 200 day moving average is $17.14. The firm has a market cap of $30.94 million, a price-to-earnings ratio of -3.56 and a beta of 0.28. The InterGroup Co. has a 52-week low of $13.10 and a 52-week high of $26.68.

The InterGroup (NASDAQ:INTG) last released its quarterly earnings results on Monday, September 30th. The financial services provider reported ($1.70) EPS for the quarter. The firm had revenue of $13.43 million during the quarter.

Institutional Trading of The InterGroup

A hedge fund recently raised its stake in The InterGroup stock. PFG Investments LLC increased its position in shares of The InterGroup Co. (NASDAQ:INTG) by 3.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 341,990 shares of the financial services provider’s stock after acquiring an additional 11,302 shares during the quarter. PFG Investments LLC owned about 15.64% of The InterGroup worth $5,280,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 3.36% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of The InterGroup in a report on Sunday. They set a “hold” rating on the stock.

The 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.