SunOpta Inc. (NASDAQ:STKL – Get Rating) (TSE:SOY) Director Rebecca Fisher sold 10,000 shares of the business's stock in a transaction that occurred on Thursday, September 15th. The shares were sold at an average price of $10.12, for a total transaction of $101,200.00. Following the completion of the sale, the director now owns 60,425 shares of the company's stock, valued at $611,501. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Rebecca Fisher also recently made the following trade(s):
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- On Monday, August 22nd, Rebecca Fisher sold 8,000 shares of SunOpta stock. The shares were sold at an average price of $10.33, for a total transaction of $82,640.00.
SunOpta Stock Up 5.8 %
Shares of STKL stock traded up $0.56 on Monday, hitting $10.18. The stock had a trading volume of 27,990 shares, compared to its average volume of 1,008,539. The firm has a market capitalization of $1.11 billion, a price-to-earnings ratio of -514.00 and a beta of 1.50. The stock's 50 day moving average is $9.59 and its 200-day moving average is $7.52. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.70 and a current ratio of 2.18. SunOpta Inc. has a 52-week low of $4.22 and a 52-week high of $11.47.
Analysts Set New Price Targets
STKL has been the subject of a number of recent analyst reports. StockNews.com upgraded shares of SunOpta from a "sell" rating to a "hold" rating in a report on Wednesday, August 24th. Cowen boosted their price objective on shares of SunOpta to $15.00 in a research note on Monday, August 15th. Canaccord Genuity Group boosted their price objective on shares of SunOpta from $12.00 to $14.00 in a research note on Friday, August 12th. Finally, Craig Hallum boosted their price objective on shares of SunOpta to $18.00 in a research note on Monday, August 15th.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the company. Kennedy Capital Management Inc. boosted its stake in shares of SunOpta by 235.9% in the fourth quarter. Kennedy Capital Management Inc. now owns 2,660,691 shares of the company's stock valued at $18,492,000 after purchasing an additional 1,868,637 shares during the period. Woodline Partners LP raised its holdings in SunOpta by 106.9% in the second quarter. Woodline Partners LP now owns 2,483,082 shares of the company's stock valued at $19,318,000 after acquiring an additional 1,283,001 shares in the last quarter. Driehaus Capital Management LLC acquired a new stake in SunOpta in the second quarter valued at $14,936,000. Diamond Hill Capital Management Inc. raised its holdings in SunOpta by 105.9% in the first quarter. Diamond Hill Capital Management Inc. now owns 1,732,892 shares of the company's stock valued at $8,699,000 after acquiring an additional 891,370 shares in the last quarter. Finally, Thornburg Investment Management Inc. raised its holdings in SunOpta by 2.2% in the second quarter. Thornburg Investment Management Inc. now owns 1,680,742 shares of the company's stock valued at $13,076,000 after acquiring an additional 36,841 shares in the last quarter. 79.57% of the stock is currently owned by hedge funds and other institutional investors.
SunOpta Company Profile
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SunOpta Inc manufactures and sells plant-based and fruit-based food and beverage products to retail customers, foodservice distributors, branded food companies, and food manufacturers worldwide. The company operates through two segments, Plant-Based Foods and Beverages, and Fruit-Based Foods and Beverages.
Further Reading
- Get a free copy of the StockNews.com research report on SunOpta (STKL)
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