Insider Selling: Emanuel Lazopoulos Sells 4,604 Shares of Fresh Del Monte Produce Stock (FDP)
Fresh Del Monte Produce (NYSE:FDP) SVP Emanuel Lazopoulos sold 4,604 shares of the company’s stock in a transaction dated Tuesday, June 17th. The stock was sold at an average price of $29.88, for a total value of $137,567.52. The transaction was disclosed in a document filed with the SEC, 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% during mid-day trading on Wednesday, hitting $30.13. 103,091 shares of the company’s stock traded hands. Fresh Del Monte Produce has a 52-week low of $24.00 and a 52-week high of $30.82. The stock’s 50-day moving average is $28.9 and its 200-day moving average is $27.56. The company’s market cap is $1.677 billion.
Fresh Del Monte Produce (NYSE:FDP) last announced its earnings results on Tuesday, April 29th. The company reported $1.04 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.71 earnings per share. Fresh Del Monte Produce’s revenue was up 6.9% compared to the same quarter last year. On average, analysts predict that Fresh Del Monte Produce will post $2.18 earnings per share for the current fiscal year.
Fresh Del Monte Produce Inc (NYSE:FDP) is a holding company.
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