SunOpta Inc. (NASDAQ:STKL – Get Rating) (TSE:SOY) insider David Largey sold 5,000 shares of the company's stock in a transaction dated Wednesday, September 14th. The shares were sold at an average price of $10.05, for a total transaction of $50,250.00. Following the sale, the insider now owns 42,828 shares in the company, valued at $430,421.40. The sale was disclosed in a filing with the SEC, which is available at this link.
David Largey also recently made the following trade(s):
Get SunOpta alerts:- On Monday, September 12th, David Largey sold 5,000 shares of SunOpta stock. The stock was sold at an average price of $10.05, for a total transaction of $50,250.00.
SunOpta Trading Down 3.1 %
STKL stock traded down $0.33 during mid-day trading on Thursday, hitting $10.17. 891,437 shares of the company were exchanged, compared to its average volume of 1,014,213. SunOpta Inc. has a 12-month low of $4.22 and a 12-month high of $11.47. The business has a fifty day simple moving average of $9.56 and a 200-day simple moving average of $7.42. The firm has a market capitalization of $1.11 billion, a P/E ratio of -507.00 and a beta of 1.50. The company has a quick ratio of 0.70, a current ratio of 2.18 and a debt-to-equity ratio of 0.87.
Institutional Trading of SunOpta
Several institutional investors have recently modified their holdings of the stock. State Street Corp increased its holdings in shares of SunOpta by 4.4% in the 1st quarter. State Street Corp now owns 36,947 shares of the company's stock valued at $185,000 after acquiring an additional 1,572 shares during the period. Ironwood Investment Management LLC lifted its holdings in SunOpta by 1.5% in the 1st quarter. Ironwood Investment Management LLC now owns 152,455 shares of the company's stock valued at $765,000 after purchasing an additional 2,325 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in shares of SunOpta by 81.7% during the 1st quarter. PNC Financial Services Group Inc. now owns 5,200 shares of the company's stock valued at $26,000 after acquiring an additional 2,338 shares during the last quarter. Cornerstone Capital Inc. increased its stake in shares of SunOpta by 23.7% during the 4th quarter. Cornerstone Capital Inc. now owns 13,580 shares of the company's stock valued at $94,000 after acquiring an additional 2,600 shares during the last quarter. Finally, Hodges Capital Management Inc. increased its position in SunOpta by 0.9% during the 2nd quarter. Hodges Capital Management Inc. now owns 287,800 shares of the company's stock worth $2,239,000 after purchasing an additional 2,654 shares in the last quarter. Hedge funds and other institutional investors own 79.57% of the company's stock.Analysts Set New Price Targets
STKL has been the topic of a number of recent research reports. Cowen increased their price objective on shares of SunOpta to $15.00 in a research note on Monday, August 15th. Canaccord Genuity Group increased their price objective on shares of SunOpta from $12.00 to $14.00 in a research note on Friday, August 12th. StockNews.com upgraded shares of SunOpta from a "sell" rating to a "hold" rating in a research note on Wednesday, August 24th. Finally, Craig Hallum raised their target price on shares of SunOpta to $18.00 in a research note on Monday, August 15th.
SunOpta Company Profile
(Get Rating)
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.
See Also
- Get a free copy of the StockNews.com research report on SunOpta (STKL)
- Why Medical Products Maker Repligen May Be A Potential Buy
- At 10%, Is Arbor Realty Trust Dividend Worth It?
- Investors Should Tune Into RF Industries
- 2 Reasons Netflix Might Have Just Bottomed Out
- Murphy USA Outperforming Other Mid-caps, But Is It A Buy Now?
Receive News & Ratings for SunOpta Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SunOpta and related companies with MarketBeat.com's FREE daily email newsletter.