Fresh Del Monte Produce COO Hani El-Naffy Sells 37,300 Shares (FDP)
Fresh Del Monte Produce (NYSE:FDP) COO Hani El-Naffy unloaded 37,300 shares of Fresh Del Monte Produce stock in a transaction that occurred on Monday, June 9th. The shares were sold at an average price of $29.85, for a total transaction of $1,113,405.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Several analysts have recently commented on the stock. Analysts at TheStreet upgraded shares of Fresh Del Monte Produce from a “hold” rating to a “buy” rating in a research note on Wednesday, May 14th. Analysts at Zacks upgraded shares of Fresh Del Monte Produce from an “underperform” rating to a “neutral” rating in a research note on Tuesday, April 22nd. They now have a $27.20 price target on the stock.
Shares of Fresh Del Monte Produce (NYSE:FDP) traded up 0.43% on Tuesday, hitting $30.08. The stock had a trading volume of 135,000 shares. Fresh Del Monte Produce has a 1-year low of $24.00 and a 1-year high of $30.82. The stock’s 50-day moving average is $28.43 and its 200-day moving average is $27.48. The company’s market cap is $1.674 billion.
Fresh Del Monte Produce (NYSE:FDP) last announced its earnings results on Tuesday, April 29th. The company reported $1.04 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.66 by $0.38. The company had revenue of $982.30 million for the quarter, compared to the consensus estimate of $946.50 million. During the same quarter in the prior year, the company posted $0.71 earnings per share. The company’s quarterly revenue was up 6.9% on a year-over-year basis. Analysts expect that Fresh Del Monte Produce will post $2.18 EPS for the current fiscal year.
Fresh Del Monte Produce Inc (NYSE:FDP) is a holding company.
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