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Andersons (NASDAQ:ANDE) Director Catherine M. Kilbane sold 2,289 shares of the company’s stock on the open market in a transaction dated Friday, August 8th. The shares were sold at an average price of $60.40, for a total value of $138,255.60. Following the completion of the sale, the director now directly owns 19,830 shares in the company, valued at approximately $1,197,732. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Andersons (NASDAQ:ANDE) traded up 2.83% during mid-day trading on Monday, hitting $62.46. 467,900 shares of the company’s stock traded hands. Andersons has a one year low of $42.3333 and a one year high of $65.28. The stock’s 50-day moving average is $54.21 and its 200-day moving average is $55.26. The company has a market cap of $1.774 billion and a P/E ratio of 14.98.

Andersons (NASDAQ:ANDE) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $1.56 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.16 by $0.40. The company had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.35 billion. During the same quarter last year, the company posted $1.05 earnings per share. Andersons’s revenue was down 16.3% compared to the same quarter last year. On average, analysts predict that Andersons will post $4.03 earnings per share for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at BMO Capital Markets raised their price target on shares of Andersons from $56.00 to $65.00 in a research note on Friday. Separately, analysts at Zacks reiterated an “outperform” rating on shares of Andersons in a research note on Friday. They now have a $72.00 price target on the stock. Finally, analysts at Feltl & Co. upgraded shares of Andersons from a “hold” rating to a “buy” rating in a research note on Friday. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $64.75.

The Andersons, Inc is a diversified company engaged in agriculture business. The Company conducts business across North America in the grain, ethanol, and plant nutrient sectors, railcar leasing, turf and cob products, and consumer retailing.

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