Insider Selling: Vic Hepburn Sells 10,000 Shares of SunOpta Stock (STKL)
SunOpta (NASDAQ:STKL) Director Vic Hepburn sold 10,000 shares of the company’s stock on the open market in a transaction dated Monday, August 18th. The stock was sold at an average price of $13.38, for a total transaction of $133,800.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
SunOpta (NASDAQ:STKL) traded up 0.34% on Wednesday, hitting $13.335. The stock had a trading volume of 196,736 shares. SunOpta has a 1-year low of $8.04 and a 1-year high of $14.20. The stock has a 50-day moving average of $13.51 and a 200-day moving average of $11.97. The company has a market cap of $892.6 million and a P/E ratio of 52.12.
SunOpta (NASDAQ:STKL) last announced its earnings results on Tuesday, August 12th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.01. Analysts expect that SunOpta will post $0.45 EPS for the current fiscal year.
STKL has been the subject of a number of recent research reports. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of SunOpta in a research note on Monday. They now have a $16.00 price target on the stock, up previously from $15.00. Separately, analysts at Desjardins raised their price target on shares of SunOpta from $10.25 to $11.00 in a research note on Friday, August 15th. They now have a “sell” rating on the stock. Finally, analysts at Imperial Capital reiterated an “outperform” rating on shares of SunOpta in a research note on Thursday, August 14th. They now have a $16.00 price target on the stock, up previously from $15.00. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $13.58.
SunOpta Inc (NASDAQ:STKL) is a global company operating businesses focused on a healthy products portfolio that promotes sustainable well-being.
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