SunOpta, Inc. (NASDAQ:STKL) (TSE:SOY) CFO Robert Mckeracher sold 36,533 shares of SunOpta stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $8.41, for a total transaction of $307,242.53. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Shares of SunOpta, Inc. (NASDAQ STKL) traded down 0.58% on Friday, hitting $8.50. The company had a trading volume of 276,314 shares. The company has a 50-day moving average of $8.92 and a 200 day moving average of $8.43. SunOpta, Inc. has a 12 month low of $5.73 and a 12 month high of $10.20. The stock’s market cap is $735.22 million.

SunOpta (NASDAQ:STKL) (TSE:SOY) last issued its quarterly earnings results on Wednesday, August 9th. The company reported ($0.01) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.01 by ($0.02). The firm had revenue of $336.45 million during the quarter, compared to analysts’ expectations of $341.18 million. SunOpta had a negative net margin of 3.70% and a negative return on equity of 0.70%. The firm’s revenue was down 3.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.05 EPS. Analysts anticipate that SunOpta, Inc. will post $0.02 EPS for the current fiscal year.

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A number of research firms have recently issued reports on STKL. Zacks Investment Research downgraded shares of SunOpta from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. BidaskClub downgraded shares of SunOpta from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. Finally, Citigroup Inc. lifted their price target on shares of SunOpta from $8.00 to $11.50 and gave the company a “buy” rating in a research report on Wednesday, May 31st. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $9.30.

Several large investors have recently modified their holdings of the stock. Janus Capital Management LLC lifted its position in shares of SunOpta by 1.4% in the 1st quarter. Janus Capital Management LLC now owns 14,869 shares of the company’s stock valued at $103,000 after acquiring an additional 211 shares in the last quarter. Aperio Group LLC lifted its position in shares of SunOpta by 0.6% in the 2nd quarter. Aperio Group LLC now owns 52,733 shares of the company’s stock valued at $538,000 after acquiring an additional 313 shares in the last quarter. Ironwood Investment Management LLC lifted its position in shares of SunOpta by 0.6% in the 1st quarter. Ironwood Investment Management LLC now owns 134,354 shares of the company’s stock valued at $934,000 after acquiring an additional 739 shares in the last quarter. Hollencrest Securities LLC lifted its position in shares of SunOpta by 14.3% in the 2nd quarter. Hollencrest Securities LLC now owns 24,000 shares of the company’s stock valued at $245,000 after acquiring an additional 3,000 shares in the last quarter. Finally, Gamco Investors INC. ET AL lifted its position in shares of SunOpta by 13.0% in the 1st quarter. Gamco Investors INC. ET AL now owns 27,000 shares of the company’s stock valued at $188,000 after acquiring an additional 3,100 shares in the last quarter. Institutional investors and hedge funds own 79.25% of the company’s stock.

About SunOpta

Sunopta Inc is a Canada-based company, which operates businesses focused on a healthy products portfolio. It operates through the following segments: Global Ingredients and Consumer Products. The Global Ingredients segment aggregates its North American and international raw material sourcing and supply operating segments focused on the procurement, processing and sale of specialty and organic grains, seeds, fruits, grain- and cocoa-based ingredients, and other commodities.

Insider Buying and Selling by Quarter for SunOpta (NASDAQ:STKL)

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