REDFIN CORP (NASDAQ:RDFN) major shareholder Tiger Global Management Llc bought 260,000 shares of the business’s stock in a transaction on Friday, July 28th. The shares were acquired at an average price of $15.00 per share, with a total value of $3,900,000.00. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Shares of REDFIN CORP (NASDAQ:RDFN) traded down 2.32% during trading on Friday, reaching $24.85. 636,489 shares of the company’s stock were exchanged. The firm’s market cap is $1.75 billion. The stock has a 50-day moving average price of $23.67 and a 200 day moving average price of $23.67. REDFIN CORP has a 12 month low of $15.82 and a 12 month high of $33.49.
REDFIN CORP Company Profile
Redfin Corporation is engaged in providing residential real estate brokerage services. The customer can search for homes by neighborhood, city or MLS number, or can refine results using detailed parameters, such as price and number of beds or baths. The Company serves home buyers and sellers. The Company offers online tools to consumers, including Redfin Estimate, which is an automated home-valuation tool.
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