Darling International CEO Randall C. Stuewe Sells 35,703 Shares (DAR)
Darling International (NYSE:DAR) CEO Randall C. Stuewe unloaded 35,703 shares of the company’s stock on the open market in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $20.06, for a total value of $716,202.18. Following the completion of the sale, the chief executive officer now directly owns 938,649 shares of the company’s stock, valued at approximately $18,829,299. The transaction was disclosed in a filing with the SEC, which is available at this link.
Darling International (NYSE:DAR) traded down 3.25% on Monday, hitting $19.34. The stock had a trading volume of 1,488,183 shares. Darling International has a one year low of $18.34 and a one year high of $23.95. The stock’s 50-day moving average is $20.09 and its 200-day moving average is $20.2. The company has a market cap of $3.183 billion and a price-to-earnings ratio of 110.44.
Darling International (NYSE:DAR) last released its earnings data on Thursday, May 8th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by $0.13. The company had revenue of $931.40 million for the quarter, compared to the consensus estimate of $973.44 million. During the same quarter in the previous year, the company posted $0.27 earnings per share. The company’s revenue for the quarter was up 109.1% on a year-over-year basis. Analysts expect that Darling International will post $1.04 EPS for the current fiscal year.
Darling International Inc (NYSE:DAR) is a provider of rendering, cooking oil and bakery waste recycling and recovery solutions.
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