Insider Selling: Vic Hepburn Unloads 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 that occurred on Monday, August 18th. The stock was sold at an average price of $13.38, for a total value of $133,800.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
SunOpta (NASDAQ:STKL) opened at 13.28 on Friday. SunOpta has a 52 week low of $8.04 and a 52 week high of $14.20. The stock’s 50-day moving average is $13.46 and its 200-day moving average is $12.0. The company has a market cap of $888.9 million and a P/E ratio of 52.31.
SunOpta (NASDAQ:STKL) last released its earnings data on Tuesday, August 12th. The company reported $0.13 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.12 by $0.01. On average, analysts predict that SunOpta will post $0.45 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on STKL shares. 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 investment analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target 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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