Stephanie Buffington, CAO of Texas Pacific Land (NYSE:TPL), sold 1,608 shares of the company’s stock for $808,824 on February 24th, reducing her stake by nearly 43%. Despite shares falling by 4.1% on heavy volume, the company beat Q4 earnings estimates and increased its quarterly dividend. Large institutional investors significantly increased their holdings in Q4, while analysts currently hold a “Hold” rating with a target price of $639.
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Stephanie Buffington Sells 1,608 Shares of Texas Pacific Land (NYSE:TPL) Stock
Stephanie Buffington, CAO of Texas Pacific Land (NYSE:TPL), sold 1,608 shares of the company’s stock for $808,824 on February 24th, reducing her stake by nearly 43%. Despite shares falling by 4.1% on heavy volume, the company beat Q4 earnings estimates and increased its quarterly dividend. Large institutional investors significantly increased their holdings in Q4, while analysts currently hold a “Hold” rating with a target price of $639.