SunOpta, Inc. (NASDAQ:STKL) (TSE:SOY) SVP Geradus Joseph Maria Versteegh acquired 100,000 shares of the stock in a transaction on Thursday, August 15th. The shares were purchased at an average price of $2.15 per share, for a total transaction of $215,000.00. Following the completion of the transaction, the senior vice president now owns 185,889 shares in the company, valued at approximately $399,661.35. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Shares of SunOpta stock traded down $0.03 on Friday, hitting $2.17. 463,800 shares of the company traded hands, compared to its average volume of 399,810. The company has a 50-day moving average price of $2.90 and a 200 day moving average price of $3.52. The company has a quick ratio of 0.43, a current ratio of 1.23 and a debt-to-equity ratio of 1.94. SunOpta, Inc. has a 12-month low of $1.98 and a 12-month high of $8.38. The company has a market cap of $191.30 million, a PE ratio of -7.75 and a beta of 0.72.

SunOpta (NASDAQ:STKL) (TSE:SOY) last posted its quarterly earnings results on Wednesday, August 7th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.01). SunOpta had a negative net margin of 6.93% and a negative return on equity of 14.49%. The company had revenue of $293.00 million for the quarter, compared to analysts’ expectations of $302.40 million. Equities research analysts anticipate that SunOpta, Inc. will post -0.39 EPS for the current year.

STKL has been the topic of several research analyst reports. Citigroup set a $3.00 price objective on shares of SunOpta and gave the stock a “buy” rating in a research report on Monday, August 12th. ValuEngine upgraded shares of SunOpta from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Zacks Investment Research cut shares of SunOpta from a “hold” rating to a “sell” rating in a research report on Tuesday. Finally, BidaskClub cut shares of SunOpta from a “sell” rating to a “strong sell” rating in a research report on Monday, June 24th. Two analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $3.00.

Several institutional investors have recently bought and sold shares of the company. BlackRock Inc. raised its stake in SunOpta by 11.5% during the 4th quarter. BlackRock Inc. now owns 230,309 shares of the company’s stock valued at $891,000 after acquiring an additional 23,666 shares during the last quarter. Squarepoint Ops LLC purchased a new stake in SunOpta during the 4th quarter valued at approximately $106,000. Jane Street Group LLC purchased a new stake in SunOpta during the 4th quarter valued at approximately $224,000. Millennium Management LLC purchased a new stake in SunOpta during the 4th quarter valued at approximately $117,000. Finally, Boyar Asset Management Inc. raised its stake in SunOpta by 73.5% during the 1st quarter. Boyar Asset Management Inc. now owns 57,510 shares of the company’s stock valued at $199,000 after acquiring an additional 24,372 shares during the last quarter. Institutional investors and hedge funds own 76.68% of the company’s stock.

SunOpta Company Profile

SunOpta Inc sources non-genetically modified (non-GMO) and organic ingredients; and manufactures food and beverage products in the United States, Canada, Europe, and internationally. The company operates through Global Ingredients and Consumer Products segments. The Global Ingredients segment offers organic fruit- and vegetable-based raw materials and ingredients, sweeteners, cocoa, coffees, ancient grains, nuts, seeds and pulses, and other organic food products; identity preserved, non-GMO, and organic seeds and grains, including soy, corn, and sunflower; and seed and grain-based animal feed, and pet food products.

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

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