Forestar Group Inc. (NYSE:FOR – Get Free Report) Director Elizabeth Parmer sold 750 shares of the company’s stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $32.05, for a total transaction of $24,037.50. Following the completion of the sale, the director now directly owns 798 shares in the company, valued at approximately $25,575.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Elizabeth Parmer also recently made the following trade(s):
- On Tuesday, July 23rd, Elizabeth Parmer sold 1,547 shares of Forestar Group stock. The shares were sold at an average price of $32.24, for a total value of $49,875.28.
Forestar Group Trading Up 0.2 %
Shares of NYSE:FOR traded up $0.06 during midday trading on Monday, hitting $31.98. The company had a trading volume of 97,895 shares, compared to its average volume of 215,309. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.47. Forestar Group Inc. has a 12 month low of $22.71 and a 12 month high of $40.92. The firm has a fifty day simple moving average of $32.37 and a 200 day simple moving average of $33.66. The stock has a market cap of $1.62 billion, a price-to-earnings ratio of 8.00 and a beta of 1.77.
Hedge Funds Weigh In On Forestar Group
Analyst Ratings Changes
A number of brokerages have commented on FOR. Citigroup decreased their price objective on Forestar Group from $46.00 to $43.00 and set a “buy” rating on the stock in a research report on Tuesday, July 2nd. JPMorgan Chase & Co. lowered their price objective on Forestar Group from $37.50 to $36.00 and set a “neutral” rating for the company in a research report on Thursday. StockNews.com downgraded shares of Forestar Group from a “buy” rating to a “hold” rating in a research report on Friday, April 26th. Finally, BTIG Research lowered their price target on shares of Forestar Group from $41.00 to $37.00 and set a “buy” rating for the company in a research report on Friday, July 19th.
Get Our Latest Research Report on FOR
Forestar Group Company Profile
Forestar Group Inc operates as a residential lot development company in the United States. The company acquires land and develops infrastructure for single-family residential communities. It sells its residential single-family finished lots to local, regional, and national homebuilders. The company was incorporated in 2005 and is headquartered in Arlington, Texas.
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