Chiquita Brands International EVP Brian W. Kocher Unloads 1,114 Shares (CQB)
Chiquita Brands International (NYSE:CQB) EVP Brian W. Kocher sold 1,114 shares of the company’s stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $14.10, for a total transaction of $15,707.40. Following the transaction, the executive vice president now directly owns 238,895 shares in the company, valued at approximately $3,368,420. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Chiquita Brands International (NYSE:CQB) remained flat at $14.08 during trading on Tuesday. The stock had a trading volume of 173,041 shares. Chiquita Brands International has a 52-week low of $9.24 and a 52-week high of $14.30. The stock has a 50-day moving average of $11.2 and a 200-day moving average of $11.18. The company’s market cap is $661.3 million.
Chiquita Brands International (NYSE:CQB) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.65 by $0.28. The company had revenue of $826.00 million for the quarter, compared to the consensus estimate of $823.25 million. During the same quarter in the previous year, the company posted $0.66 earnings per share. The company’s revenue for the quarter was up 1.7% on a year-over-year basis. On average, analysts predict that Chiquita Brands International will post $-0.15 earnings per share for the current fiscal year.
Chiquita Brands International, Inc (NYSE:CQB), along with its subsidiaries, is an international marketer and distributor of bananas and other fresh produce, sold under the Chiquita and other brand names in 70 countries, and packaged salads sold under the Fresh Express and other brand names primarily in the United States.
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