Hostess Brands (NASDAQ:TWNK) insider Cdm Hostess Class C, Llc sold 330,000 shares of Hostess Brands stock in a transaction dated Wednesday, June 14th. The stock was sold at an average price of $16.44, for a total value of $5,425,200.00. Following the sale, the insider now directly owns 195,000 shares in the company, valued at $3,205,800. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Cdm Hostess Class C, Llc also recently made the following trade(s):

  • On Thursday, June 8th, Cdm Hostess Class C, Llc sold 376,211 shares of Hostess Brands stock. The shares were sold at an average price of $16.70, for a total value of $6,282,723.70.
  • On Wednesday, April 19th, Cdm Hostess Class C, Llc sold 600,000 shares of Hostess Brands stock. The shares were sold at an average price of $15.25, for a total value of $9,150,000.00.

Hostess Brands (TWNK) traded down 1.70% during mid-day trading on Thursday, reaching $16.18. 81,781 shares of the company’s stock were exchanged. The firm’s market cap is $1.61 billion. Hostess Brands has a 12 month low of $9.65 and a 12 month high of $17.18. The stock has a 50-day moving average of $16.38 and a 200-day moving average of $15.04.

Hostess Brands (NASDAQ:TWNK) last released its quarterly earnings results on Tuesday, May 9th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by $0.01. The firm had revenue of $184.54 million for the quarter, compared to analysts’ expectations of $181.79 million. During the same period in the prior year, the firm earned $0.08 earnings per share. The business’s revenue was up 15.2% on a year-over-year basis. Analysts anticipate that Hostess Brands will post $0.64 earnings per share for the current year.

Insider Buying and Selling by Quarter for Hostess Brands (NASDAQ:TWNK)

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A number of institutional investors have recently made changes to their positions in the company. Apollo Management Holdings L.P. purchased a new position in shares of Hostess Brands during the first quarter worth $341,466,000. Wellington Management Group LLP increased its position in shares of Hostess Brands by 73.2% in the first quarter. Wellington Management Group LLP now owns 12,404,218 shares of the company’s stock worth $196,854,000 after buying an additional 5,244,152 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Hostess Brands by 834.4% in the first quarter. Vanguard Group Inc. now owns 4,266,650 shares of the company’s stock worth $67,711,000 after buying an additional 3,810,050 shares in the last quarter. Victory Capital Management Inc. increased its position in shares of Hostess Brands by 180.9% in the first quarter. Victory Capital Management Inc. now owns 3,871,572 shares of the company’s stock worth $61,441,000 after buying an additional 2,493,140 shares in the last quarter. Finally, TD Asset Management Inc. purchased a new position in shares of Hostess Brands during the first quarter worth $31,586,000. 87.38% of the stock is owned by institutional investors and hedge funds.

A number of equities research analysts have weighed in on the company. BidaskClub raised Hostess Brands from a “hold” rating to a “buy” rating in a report on Friday, June 9th. Zacks Investment Research upgraded shares of Hostess Brands from a “sell” rating to a “hold” rating in a research note on Friday, May 26th. Stephens started coverage on shares of Hostess Brands in a research note on Tuesday, May 16th. They issued an “overweight” rating and a $20.00 target price for the company. Finally, Deutsche Bank AG set a $19.00 target price on shares of Hostess Brands and gave the company a “buy” rating in a research note on Wednesday, May 10th. One analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $18.40.

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