ProShare Advisors LLC Sells 15,822 Shares of Bunge Global SA $BG

ProShare Advisors LLC decreased its position in shares of Bunge Global SA (NYSE:BG) by 39.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,527 shares of the basic materials company’s stock after selling 15,822 shares during the quarter. ProShare Advisors LLC’s holdings in Bunge Global were worth $1,993,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. CoreCap Advisors LLC grew its holdings in Bunge Global by 2,000.0% during the 3rd quarter. CoreCap Advisors LLC now owns 315 shares of the basic materials company’s stock worth $26,000 after acquiring an additional 300 shares in the last quarter. Root Financial Partners LLC bought a new position in shares of Bunge Global during the third quarter valued at approximately $28,000. CYBER HORNET ETFs LLC purchased a new position in Bunge Global during the second quarter valued at approximately $31,000. MUFG Securities EMEA plc bought a new position in Bunge Global in the second quarter worth approximately $32,000. Finally, Rakuten Securities Inc. lifted its holdings in Bunge Global by 57.7% during the second quarter. Rakuten Securities Inc. now owns 481 shares of the basic materials company’s stock worth $39,000 after buying an additional 176 shares during the period. 86.23% of the stock is currently owned by institutional investors.

Bunge Global Stock Performance

BG opened at $122.54 on Friday. The company has a market cap of $23.69 billion, a P/E ratio of 22.61, a price-to-earnings-growth ratio of 0.78 and a beta of 0.78. The company has a quick ratio of 0.74, a current ratio of 1.61 and a debt-to-equity ratio of 0.51. The firm’s 50-day moving average price is $102.61 and its 200-day moving average price is $92.81. Bunge Global SA has a 52-week low of $68.33 and a 52-week high of $124.78.

Bunge Global (NYSE:BG) last released its earnings results on Wednesday, February 4th. The basic materials company reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.82 by $0.17. Bunge Global had a net margin of 1.16% and a return on equity of 8.69%. The company had revenue of $23.76 billion for the quarter, compared to the consensus estimate of $23 billion. During the same quarter in the previous year, the firm earned $2.13 EPS. Bunge Global’s revenue was up 75.5% compared to the same quarter last year. Bunge Global has set its FY 2026 guidance at 7.500-8.000 EPS. As a group, equities analysts anticipate that Bunge Global SA will post 7.94 EPS for the current fiscal year.

Insider Buying and Selling at Bunge Global

In other Bunge Global news, VP Christos Dimopoulos sold 25,300 shares of Bunge Global stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $94.37, for a total transaction of $2,387,561.00. Following the completion of the sale, the vice president owned 104,537 shares of the company’s stock, valued at approximately $9,865,156.69. The trade was a 19.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.80% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. UBS Group lifted their price target on Bunge Global from $108.00 to $145.00 and gave the company a “buy” rating in a report on Thursday, February 5th. BMO Capital Markets reiterated an “outperform” rating and issued a $130.00 target price on shares of Bunge Global in a report on Thursday, February 5th. Morgan Stanley raised their price target on shares of Bunge Global from $120.00 to $130.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Barclays lifted their price objective on shares of Bunge Global from $120.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Finally, Citigroup reissued a “buy” rating on shares of Bunge Global in a research report on Tuesday, December 2nd. Nine equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $121.44.

About Bunge Global

Bunge Global is a leading agribusiness and food company that processes oilseeds and grains, produces sugar and bioenergy, and supplies fertilizers and other agricultural inputs. The company operates an integrated value chain that spans origination, processing, and distribution, enabling it to serve food processors, livestock producers, and retail customers worldwide. Through its network of processing plants, port terminals and logistics assets, Bunge handles a diverse portfolio of commodities, including soybeans, corn, wheat, vegetable oils, and sugarcane.

The company’s core business activities are organized into agribusiness and food & ingredients segments.