Hershey Co (NYSE:HSY) CEO Michele Buck sold 1,500 shares of Hershey stock in a transaction that occurred on Monday, April 22nd. The stock was sold at an average price of $117.00, for a total value of $175,500.00. Following the completion of the transaction, the chief executive officer now owns 161,429 shares of the company’s stock, valued at approximately $18,887,193. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Michele Buck also recently made the following trade(s):
- On Wednesday, March 20th, Michele Buck sold 1,500 shares of Hershey stock. The shares were sold at an average price of $109.52, for a total value of $164,280.00.
- On Wednesday, February 20th, Michele Buck sold 1,500 shares of Hershey stock. The shares were sold at an average price of $109.59, for a total value of $164,385.00.
HSY opened at $116.86 on Wednesday. Hershey Co has a 52-week low of $89.10 and a 52-week high of $117.74. The company has a debt-to-equity ratio of 2.31, a current ratio of 0.93 and a quick ratio of 0.60. The firm has a market cap of $24.39 billion, a P/E ratio of 21.80, a price-to-earnings-growth ratio of 2.43 and a beta of 0.15.
A number of equities analysts recently issued reports on the company. Zacks Investment Research cut Hershey from a “buy” rating to a “hold” rating in a report on Monday, January 21st. ValuEngine cut Hershey from a “buy” rating to a “hold” rating in a report on Thursday, January 24th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has given a buy rating to the company. Hershey currently has a consensus rating of “Hold” and a consensus target price of $103.36.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Bremer Trust National Association bought a new position in shares of Hershey in the 4th quarter worth $29,000. Claybrook Capital LLC bought a new position in shares of Hershey in the 4th quarter worth $29,000. Csenge Advisory Group bought a new position in shares of Hershey in the 3rd quarter worth $31,000. Oregon Public Employees Retirement Fund raised its position in shares of Hershey by 10,179.7% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 3,456,662 shares of the company’s stock worth $32,000 after acquiring an additional 3,423,036 shares in the last quarter. Finally, Acima Private Wealth LLC bought a new position in shares of Hershey in the 4th quarter worth $33,000. 52.41% of the stock is owned by institutional investors and hedge funds.
Hershey Company Profile
The Hershey Company, together with its subsidiaries, manufactures and sells confectionery products. The company operates through two segments, North America; and International and Other. It offers chocolate and non-chocolate confectionery products; gum and mint refreshment products comprising mints, chewing gums, and bubble gums; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items, including spreads, meat snacks, bars and snack bites, mixes, popcorn and protein bars, and cookies.
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