Alico, Inc. (NASDAQ:ALCO), saw five insiders raise their profile with the company. These insiders all purchased stock at an average price of $37.49 per share through a series of transactions that were filed on July 8th. Director Andrew W. Krusen Jr. bought 750 shares and now holds 2,586 shares directly and 1,000 shares indirectly; Director and shareholder Remy W. Trafelet acquired 750 shares and now has 2,568 shares directly, and 3,725,457 indirectly; Director Adam Compton gained 750 share and now has 4,699 shares directly; Director Gregory R. Eisner bought 800 shares and now directly holds 2,757 shares; while Director Ramon A. Rodriguez gained 850 shares and now directly has 17,268 shares in the company.
Alico, Inc. (NASDAQ:ALCO), is a $289.45 million market cap corporation that focuses land management company operating in Central and Southwest Florida. Alico is involved in a variety of agribusiness pursuits, which include citrus production, sugarcane production and cattle ranching.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.