Fresh Del Monte Produce VP Sergio Mancilla Sells 40,000 Shares (FDP)
Fresh Del Monte Produce (NYSE:FDP) VP Sergio Mancilla unloaded 40,000 shares of the stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $32.00, for a total value of $1,280,000.00. Following the transaction, the vice president now directly owns 1,000 shares of the company’s stock, valued at approximately $32,000. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Fresh Del Monte Produce (NYSE:FDP) traded up 0.34% during mid-day trading on Wednesday, hitting $32.25. 171,447 shares of the company’s stock traded hands. Fresh Del Monte Produce has a one year low of $24.00 and a one year high of $32.23. The stock has a 50-day moving average of $30.68 and a 200-day moving average of $28.79. The company’s market cap is $1.790 billion.
Fresh Del Monte Produce (NYSE:FDP) last released its earnings data on Tuesday, July 29th. The company reported $1.19 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.99 by $0.20. The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter last year, the company posted $1.02 earnings per share. Fresh Del Monte Produce’s revenue was up 10.5% compared to the same quarter last year. Analysts expect that Fresh Del Monte Produce will post $2.43 EPS for the current fiscal year.
The company also recently declared a special dividend, which is scheduled for Friday, September 5th. Shareholders of record on Wednesday, August 13th will be given a dividend of $0.125 per share. This represents a yield of 1.67%. The ex-dividend date of this dividend is Monday, August 11th.
Fresh Del Monte Produce Inc (NYSE:FDP) is a holding company.
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