Mfp Partners Lp Sells 124,609 Shares of Trinity Place Holdings Inc. (NYSEAMERICAN:TPHS) Stock

Trinity Place Holdings Inc. (NYSEAMERICAN:TPHS) major shareholder Mfp Partners Lp sold 124,609 shares of the firm’s stock in a transaction on Friday, May 17th. The shares were sold at an average price of $0.16, for a total value of $19,937.44. Following the completion of the sale, the insider now owns 8,882,617 shares of the company’s stock, valued at $1,421,218.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Mfp Partners Lp also recently made the following trade(s):

• On Wednesday, May 15th, Mfp Partners Lp sold 7,464 shares of Trinity Place stock. The stock was sold at an average price of $0.14, for a total transaction of $1,044.96.

Trinity Place Price Performance

Shares of NYSEAMERICAN TPHS opened at $0.14 on Wednesday. Trinity Place Holdings Inc. has a 1-year low of $0.08 and a 1-year high of $0.71.

Trinity Place (NYSEAMERICAN:TPHS) last posted its quarterly earnings data on Friday, March 29th. The company reported ($0.26) earnings per share for the quarter. The company had revenue of $1.55 million during the quarter. Trinity Place had a negative return on equity of 5,086.83% and a negative net margin of 116.44%.

About Trinity Place

Trinity Place Holdings Inc operates as a real estate holding, investment, development, and asset management company in the United States. Its assets are located at 77 Greenwich Street in Lower Manhattan; and a property occupied by a retail tenant in Paramus, New Jersey. The company also controls various intellectual property assets focused on the consumer sector, including FilenesBasement.com, its rights to the Stanley Blacker brand, as well as the intellectual property associated with the running of the Brides event and An Educated Consumer.