HOSTESS BRANDS (NASDAQ:TWNK) insider Cdm Hostess Class C, Llc sold 376,211 shares of the firm’s stock in a transaction that occurred on Thursday, June 8th. The stock was sold at an average price of $16.70, for a total value of $6,282,723.70. Following the sale, the insider now directly owns 214,000 shares of the company’s stock, valued at approximately $3,573,800. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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

  • On Wednesday, June 14th, Cdm Hostess Class C, Llc sold 330,000 shares of HOSTESS BRANDS stock. The stock was sold at an average price of $16.44, for a total value of $5,425,200.00.
  • On Wednesday, April 19th, Cdm Hostess Class C, Llc sold 600,000 shares of HOSTESS BRANDS stock. The stock was sold at an average price of $15.25, for a total value of $9,150,000.00.

HOSTESS BRANDS (NASDAQ:TWNK) traded down 0.62% on Friday, hitting $16.12. The stock had a trading volume of 1,192,842 shares. HOSTESS BRANDS has a 1-year low of $9.65 and a 1-year high of $17.18. The stock has a 50 day moving average price of $16.34 and a 200 day moving average price of $15.08. The company’s market cap is $1.60 billion.

HOSTESS BRANDS (NASDAQ:TWNK) last issued its quarterly earnings data on Tuesday, May 9th. The company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by $0.01. The company had revenue of $184.54 million for the quarter, compared to the consensus estimate of $181.79 million. The firm’s quarterly revenue was up 15.2% compared to the same quarter last year. During the same period last year, the business earned $0.08 earnings per share. On average, equities research analysts expect that HOSTESS BRANDS will post $0.64 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for HOSTESS BRANDS (NASDAQ:TWNK)

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A number of institutional investors have recently modified their holdings of the company. Apollo Management Holdings L.P. purchased a new position in HOSTESS BRANDS during the first quarter valued at about $341,466,000. Wellington Management Group LLP raised its position in HOSTESS BRANDS by 73.2% in the first quarter. Wellington Management Group LLP now owns 12,404,218 shares of the company’s stock valued at $196,854,000 after buying an additional 5,244,152 shares in the last quarter. Vanguard Group Inc. raised its position in HOSTESS BRANDS by 834.4% in the first quarter. Vanguard Group Inc. now owns 4,266,650 shares of the company’s stock valued at $67,711,000 after buying an additional 3,810,050 shares in the last quarter. Victory Capital Management Inc. raised its position in HOSTESS BRANDS by 180.9% in the first quarter. Victory Capital Management Inc. now owns 3,871,572 shares of the company’s stock valued at $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 HOSTESS BRANDS during the first quarter valued at about $31,586,000. 87.38% of the stock is owned by institutional investors.

Several equities research analysts recently commented on the company. BidaskClub raised HOSTESS BRANDS from a “hold” rating to a “buy” rating in a research note on Friday, June 9th. Zacks Investment Research raised HOSTESS BRANDS from a “sell” rating to a “hold” rating in a research note on Wednesday, March 29th. Stephens began coverage on HOSTESS BRANDS in a research note on Tuesday, May 16th. They issued an “overweight” rating and a $20.00 price objective for the company. Finally, Deutsche Bank AG set a $19.00 price objective on 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 assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $18.40.

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