Insider Selling: The Hain Celestial Group EVP Sells 4,000 Shares of Stock (HAIN)
The Hain Celestial Group (NASDAQ:HAIN) EVP John Carroll unloaded 4,000 shares of the stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $98.03, for a total transaction of $392,120.00. Following the sale, the executive vice president now directly owns 54,850 shares in the company, valued at approximately $5,376,946. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
HAIN has been the subject of a number of recent research reports. 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 issued a buy rating to the company. The Hain Celestial Group presently has an average rating of “Buy” and a consensus target price of $101.75.
Shares of The Hain Celestial Group (NASDAQ:HAIN) traded down 0.02% during mid-day trading on Friday, hitting $98.36. The stock had a trading volume of 413,873 shares. The Hain Celestial Group has a one year low of $72.34 and a one year high of $99.91. The stock has a 50-day moving average of $88.83 and a 200-day moving average of $89.44. The company has a market cap of $4.926 billion and a price-to-earnings ratio of 35.17.
The Hain Celestial Group (NASDAQ:HAIN) last announced its earnings results on Wednesday, August 20th. The company reported $0.90 EPS for the quarter, beating the Thomson Reuters 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 prior year, the company posted $0.65 earnings per share. The company’s quarterly revenue 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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