Insider Buying: Bunge Global (NYSE:BG) Director Acquires $527,650.00 in Stock

Bunge Global SA (NYSE:BG) Director Christopher Mahoney acquired 5,000 shares of the firm’s stock in a transaction dated Friday, July 31st. The stock was bought at an average cost of $105.53 per share, with a total value of $527,650.00. Following the acquisition, the director owned 13,320 shares in the company, valued at approximately $1,405,659.60. This trade represents a 60.10% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Christopher Mahoney also recently made the following trade(s):

• On Tuesday, August 4th, Christopher Mahoney bought 1,500 shares of Bunge Global stock. The shares were bought at an average cost of $107.60 per share, for a total transaction of $161,400.00.

Bunge Global Stock Up 2.2%

Shares of BG stock opened at $109.01 on Friday. The stock has a 50 day moving average of $116.27 and a 200 day moving average of $119.75. The company has a current ratio of 1.57, a quick ratio of 0.64 and a debt-to-equity ratio of 0.54. The stock has a market cap of $20.94 billion, a P/E ratio of 21.17 and a beta of 0.65. Bunge Global SA has a twelve month low of $76.01 and a twelve month high of $134.87.

Bunge Global (NYSE:BG) last released its quarterly earnings data on Wednesday, July 29th. The basic materials company reported $2.00 EPS for the quarter, topping the consensus estimate of $1.97 by $0.03. The business had revenue of $24.04 billion for the quarter, compared to analyst estimates of $22.81 billion. Bunge Global had a return on equity of 9.15% and a net margin of 1.10%.The business’s quarterly revenue was up 88.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.31 EPS. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. As a group, sell-side analysts expect that Bunge Global SA will post 9.72 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on BG. Zacks Research raised shares of Bunge Global from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Bunge Global in a research note on Friday, May 22nd. Finally, Barclays lifted their price target on Bunge Global from $145.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $132.67.

Institutional Trading of Bunge Global

A number of institutional investors and hedge funds have recently modified their holdings of BG. United Services Automobile Association acquired a new position in shares of Bunge Global during the first quarter valued at approximately $223,000. Woodline Partners LP increased its position in shares of Bunge Global by 34.5% during the first quarter. Woodline Partners LP now owns 11,278 shares of the basic materials company’s stock worth $862,000 after purchasing an additional 2,893 shares in the last quarter. Focus Partners Wealth increased its position in shares of Bunge Global by 16.7% during the first quarter. Focus Partners Wealth now owns 4,046 shares of the basic materials company’s stock worth $309,000 after purchasing an additional 580 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in Bunge Global by 118.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 910 shares of the basic materials company’s stock valued at $73,000 after purchasing an additional 494 shares during the last quarter. Finally, Baird Financial Group Inc. raised its stake in Bunge Global by 1.1% in the 2nd quarter. Baird Financial Group Inc. now owns 23,760 shares of the basic materials company’s stock valued at $1,907,000 after purchasing an additional 263 shares during the last quarter. Hedge funds and other institutional investors own 86.23% of the company’s stock.

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.