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Darling International (NYSE:DAR) COO Martin W. Griffin unloaded 12,500 shares of the stock on the open market in a transaction dated Thursday, August 14th. The stock was sold at an average price of $19.68, for a total transaction of $246,000.00. Following the transaction, the chief operating officer now directly owns 337,149 shares of the company’s stock, valued at approximately $6,635,092. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Darling International (NYSE:DAR) opened at 19.54 on Wednesday. Darling International has a 52-week low of $18.34 and a 52-week high of $23.95. The stock’s 50-day moving average is $19.60 and its 200-day moving average is $19.91. The company has a market cap of $3.217 billion and a P/E ratio of 92.61.

Darling International (NYSE:DAR) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.24 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.28 by $0.04. The company had revenue of $1.00 million for the quarter, compared to the consensus estimate of $993.02 million. During the same quarter last year, the company posted $0.22 earnings per share. Darling International’s revenue was down 99.8% compared to the same quarter last year. On average, analysts predict that Darling International will post $0.87 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on DAR shares. Analysts at Goldman Sachs upgraded shares of Darling International from a “buy” rating to a “conviction-buy” rating in a research note on Monday, June 23rd. They now have a $20.66 price target on the stock, down previously from $25.00. Analysts at TheStreet downgraded shares of Darling International from a “buy” rating to a “hold” rating in a research note on Friday, June 13th. Two analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. Darling International has a consensus rating of “Buy” and an average price target of $22.67.

Darling International Inc (NYSE:DAR) is a provider of rendering, cooking oil and bakery waste recycling and recovery solutions.

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