Insider Selling: The Hain Celestial Group Director Sells 7,500 Shares of Stock (HAIN)
The Hain Celestial Group (NASDAQ:HAIN) Director Lawrence S. Zilavy sold 7,500 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $98.05, for a total value of $735,375.00. Following the sale, the director now directly owns 22,750 shares in the company, valued at approximately $2,230,638. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated an “outperform” rating on shares of The Hain Celestial Group in a research note on Tuesday. They now have a $106.00 price target on the stock. Separately, analysts at Argus raised their price target on shares of The Hain Celestial Group from $103.00 to $106.00 in a research note on Monday. They now have a “buy” rating on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of The Hain Celestial Group in a research note on Friday, August 22nd. They now have a $114.00 price target on the stock, up previously from $109.00. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The Hain Celestial Group currently has a consensus rating of “Buy” and an average target price of $101.75.
The Hain Celestial Group (NASDAQ:HAIN) traded up 0.76% on Thursday, hitting $98.38. The stock had a trading volume of 481,554 shares. The Hain Celestial Group has a 52 week low of $72.34 and a 52 week high of $99.24. The stock has a 50-day moving average of $88.6 and a 200-day moving average of $89.35. The company has a market cap of $4.927 billion and a P/E ratio of 34.91.
The Hain Celestial Group (NASDAQ:HAIN) last released its earnings data on Wednesday, August 20th. The company reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.01. The company had revenue of $583.80 million for the quarter, compared to the consensus estimate of $577.73 million. During the same quarter in the previous year, the company posted $0.65 earnings per share. The company’s revenue for the quarter was up 26.0% on a year-over-year basis. Analysts expect that The Hain Celestial Group will post $3.83 EPS for the current fiscal year.
The Hain Celestial Group, Inc, manufactures, markets, distributes and sells natural and organic products.
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