Fresh Del Monte Produce SVP Bruce Alan Jordan Unloads 10,000 Shares (FDP)
Fresh Del Monte Produce (NYSE:FDP) SVP Bruce Alan Jordan sold 10,000 shares of the company’s stock on the open market in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $31.26, for a total value of $312,600.00. Following the transaction, the senior vice president now directly owns 1,185 shares in the company, valued at approximately $37,043. The sale was disclosed in a document filed with the SEC, which is available at this link.
Shares of Fresh Del Monte Produce (NYSE:FDP) traded down 0.61% on Thursday, hitting $30.87. 232,577 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 $31.81. The stock’s 50-day moving average is $30.42 and its 200-day moving average is $28.4. The company’s market cap is $1.713 billion.
Fresh Del Monte Produce (NYSE:FDP) last announced its earnings results on Tuesday, July 29th. The company reported $1.19 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $1.02 earnings per share. Fresh Del Monte Produce’s revenue was up 10.5% compared to the same quarter last year. On average, analysts predict that Fresh Del Monte Produce will post $2.43 earnings per share for the current fiscal year.
The company also recently declared a special dividend, which is scheduled for Friday, September 5th. Stockholders 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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