Fresh Del Monte Produce CFO Unloads $125,880 in Stock (FDP)
Fresh Del Monte Produce (NYSE:FDP) CFO Richard Contreras sold 4,000 shares of Fresh Del Monte Produce stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $31.47, for a total transaction of $125,880.00. Following the completion of the transaction, the chief financial officer now directly owns 1,185 shares in the company, valued at approximately $37,292. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of Fresh Del Monte Produce (NYSE:FDP) traded down 0.78% during mid-day trading on Wednesday, hitting $31.085. 20,464 shares of the company’s stock traded hands. Fresh Del Monte Produce has a one year low of $24.00 and a one year high of $31.81. The stock’s 50-day moving average is $30.41 and its 200-day moving average is $28.44. The company’s market cap is $1.725 billion.
Fresh Del Monte Produce (NYSE:FDP) last announced its earnings results on Tuesday, July 29th. The company reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.20. The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the previous year, the company posted $1.02 earnings per share. The company’s revenue for the quarter was up 10.5% on a year-over-year basis. Analysts expect that Fresh Del Monte Produce will post $2.43 EPS for the current fiscal year.
The company also recently declared a special dividend, which is scheduled for Friday, September 5th. Shareholders of record on Wednesday, August 13th will be given a dividend of $0.125 per share. This represents a yield of 1.67%. The ex-dividend date of this dividend is Monday, August 11th.
Fresh Del Monte Produce Inc (NYSE:FDP) is a holding company.
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