Toll Brothers (TOL) Director Bruce Toll Sells Another 400K Shares
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Price: $134.92 +1.84%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.7%
EPS Growth %: +7.9%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.7%
EPS Growth %: +7.9%
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Toll Brothers Inc. (NYSE: TOL) Director Bruce Toll disclosed the sale of 400,000 shares on 5/25 at $27,98, bringing the stake owned by the Bruce E. Toll Revocable Trust to 3,592,932 shares. He also owns 668,589 shares directly and another 2,706 through a 401(K) plan.
Selling the stock is nothing new for Mr. Bruce Toll. He also sold 350,000 shares of TOL earlier in the year in the $24 range. However, with memories of the housing crash, the increased level of selling activity has to raise a red flag investors. Before this recent spate of selling he was last a seller in 2010 in the $18 range.
Selling the stock is nothing new for Mr. Bruce Toll. He also sold 350,000 shares of TOL earlier in the year in the $24 range. However, with memories of the housing crash, the increased level of selling activity has to raise a red flag investors. Before this recent spate of selling he was last a seller in 2010 in the $18 range.
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