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Mondelez International (NASDAQ:MDLZ) EVP Jean E. Spence unloaded 55,885 shares of the company’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $35.90, for a total value of $2,006,271.50. Following the completion of the transaction, the executive vice president now directly owns 36,460 shares in the company, valued at approximately $1,308,914. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Mondelez International (NASDAQ:MDLZ) traded down 0.11% during mid-day trading on Thursday, hitting $36.16. 3,025,238 shares of the company’s stock traded hands. Mondelez International has a 52-week low of $30.05 and a 52-week high of $39.54. The stock’s 50-day moving average is $37.15 and its 200-day moving average is $35.97. The company has a market cap of $60.962 billion and a P/E ratio of 17.74.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Wednesday, August 6th. The company reported $0.40 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.39 by $0.01. The company had revenue of $8.44 billion for the quarter, compared to the consensus estimate of $8.65 billion. During the same quarter last year, the company posted $0.37 earnings per share. Mondelez International’s revenue was down 1.8% compared to the same quarter last year. On average, analysts predict that Mondelez International will post $1.68 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Tuesday, October 14th. Shareholders of record on Tuesday, September 30th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.66%. The ex-dividend date of this dividend is Friday, September 26th. This is a positive change from Mondelez International’s previous quarterly dividend of $0.14.

Several analysts have recently commented on the stock. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Mondelez International in a research note on Thursday, August 7th. They now have a $43.00 price target on the stock, down previously from $44.00. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Mondelez International in a research note on Thursday, August 7th. They now have a $37.00 price target on the stock. Finally, analysts at BMO Capital Markets reiterated a “market perform” rating on shares of Mondelez International in a research note on Thursday, August 7th. They now have a $39.00 price target on the stock, down previously from $41.00. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $37.44.

Mondelez International, Inc (NASDAQ:MDLZ) is a snack manufacturing company.

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