SunOpta Director Allan Glen Routh Sells 10,000 Shares (STKL)
SunOpta (NASDAQ:STKL) Director Allan Glen Routh unloaded 10,000 shares of the company’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $13.23, for a total transaction of $132,300.00. Following the completion of the sale, the director now directly owns 311,829 shares of the company’s stock, valued at approximately $4,125,498. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of SunOpta (NASDAQ:STKL) traded up 0.45% during mid-day trading on Monday, hitting $13.30. The stock had a trading volume of 96,457 shares. SunOpta has a 1-year low of $8.04 and a 1-year high of $14.20. The stock’s 50-day moving average is $13.44 and its 200-day moving average is $12.04. The company has a market cap of $890.2 million and a P/E ratio of 51.92.
SunOpta (NASDAQ:STKL) last issued its quarterly earnings data 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.
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, August 18th. 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 research analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the company. SunOpta 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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