Griffon Co. director sells stock as company announces strong earnings and a $400M buyback.

Griffon Co. (GFF) director Victor Eugene Renuart has sold a significant amount of company stock, reducing his ownership. The company reported strong Q3 earnings, beating estimates, and announced a $400 million stock buyback and a $0.18 quarterly dividend. Analysts have a "Buy" consensus rating with a target price of $89.25. Hedge funds own 73.22% of Griffon's stock.

November 29, 2024
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