Central Garden CFO Lori A. Varlas Sells 5,065 Shares (CENT)
Central Garden (NASDAQ:CENT) CFO Lori A. Varlas sold 5,065 shares of the stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $9.14, for a total transaction of $46,294.10. Following the completion of the sale, the chief financial officer now directly owns 47,758 shares of the company’s stock, valued at approximately $436,508. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Central Garden (NASDAQ:CENT) traded down 0.23% during mid-day trading on Friday, hitting $8.81. 33,540 shares of the company’s stock traded hands. Central Garden has a 1-year low of $6.00 and a 1-year high of $10.01. The stock has a 50-day moving average of $8.75 and a 200-day moving average of $8.23. The company’s market cap is $444.3 million.
Central Garden (NASDAQ:CENT) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by $0.05. The company had revenue of $438.00 million for the quarter, compared to the consensus estimate of $482.35 million. During the same quarter in the previous year, the company posted $0.28 earnings per share. The company’s revenue for the quarter was down 11.4% on a year-over-year basis. Analysts expect that Central Garden will post $0.22 EPS for the current fiscal year.
Separately, analysts at Zacks reiterated a “neutral” rating on shares of Central Garden in a research note on Monday, August 18th. They now have a $8.85 price target on the stock.
Central Garden & Pet Company (NASDAQ:CENT) is a marketer and producer of branded products.
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