Rebecca Fisher Sells 8,000 Shares of SunOpta Inc. (NASDAQ:STKL) Stock

SunOpta Inc. (NASDAQ:STKLGet Rating) (TSE:SOY) Director Rebecca Fisher sold 8,000 shares of the stock in a transaction that occurred on Monday, August 22nd. The stock was sold at an average price of $10.33, for a total value of $82,640.00. Following the completion of the transaction, the director now owns 70,425 shares in the company, valued at approximately $727,490.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Rebecca Fisher also recently made the following trade(s):

  • On Thursday, September 15th, Rebecca Fisher sold 10,000 shares of SunOpta stock. The stock was sold at an average price of $10.12, for a total value of $101,200.00.

SunOpta Price Performance

STKL opened at $10.27 on Tuesday. SunOpta Inc. has a one year low of $4.22 and a one year high of $11.47. The company has a fifty day moving average price of $9.62 and a 200-day moving average price of $7.55. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.70 and a current ratio of 2.18.

Hedge Funds Weigh In On SunOpta

A number of institutional investors have recently added to or reduced their stakes in STKL. PNC Financial Services Group Inc. increased its position in shares of SunOpta by 81.7% in the first quarter. PNC Financial Services Group Inc. now owns 5,200 shares of the company’s stock worth $26,000 after purchasing an additional 2,338 shares during the last quarter. Nisa Investment Advisors LLC bought a new position in shares of SunOpta in the 2nd quarter worth $29,000. Focused Wealth Management Inc raised its position in shares of SunOpta by 496.5% during the 2nd quarter. Focused Wealth Management Inc now owns 5,590 shares of the company’s stock valued at $43,000 after buying an additional 7,000 shares in the last quarter. Private Advisor Group LLC purchased a new position in SunOpta in the first quarter worth $60,000. Finally, Van ECK Associates Corp bought a new position in SunOpta in the second quarter valued at $67,000. 79.57% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on STKL. StockNews.com upgraded shares of SunOpta from a “sell” rating to a “hold” rating in a report on Wednesday, August 24th. Craig Hallum increased their price objective on SunOpta to $18.00 in a report on Monday, August 15th. Canaccord Genuity Group boosted their target price on SunOpta from $12.00 to $14.00 in a research note on Friday, August 12th. Finally, Cowen lifted their price objective on SunOpta to $15.00 in a report on Monday, August 15th.

About SunOpta

(Get Rating)

SunOpta Inc manufactures and sells plant-based and fruit-based food and beverage products to retail customers, foodservice distributors, branded food companies, and food manufacturers worldwide. The company operates through two segments, Plant-Based Foods and Beverages, and Fruit-Based Foods and Beverages.

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

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