John Bullock Sells 11,532 Shares of Darling Ingredients Inc. (NYSE:DAR) Stock

Darling Ingredients Inc. (NYSE:DARGet Free Report) EVP John Bullock sold 11,532 shares of the business’s stock in a transaction on Friday, September 1st. The stock was sold at an average price of $61.67, for a total transaction of $711,178.44. Following the transaction, the executive vice president now directly owns 52,469 shares in the company, valued at $3,235,763.23. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

John Bullock also recently made the following trade(s):

  • On Wednesday, August 30th, John Bullock sold 14,133 shares of Darling Ingredients stock. The stock was sold at an average price of $63.13, for a total transaction of $892,216.29.
  • On Monday, August 14th, John Bullock sold 58,600 shares of Darling Ingredients stock. The stock was sold at an average price of $65.12, for a total transaction of $3,816,032.00.
  • On Thursday, August 10th, John Bullock sold 28,734 shares of Darling Ingredients stock. The shares were sold at an average price of $65.10, for a total value of $1,870,583.40.

Darling Ingredients Price Performance

NYSE DAR opened at $61.91 on Friday. Darling Ingredients Inc. has a 12 month low of $51.77 and a 12 month high of $82.69. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.85 and a quick ratio of 1.04. The firm has a market capitalization of $9.87 billion, a PE ratio of 12.84 and a beta of 1.24. The company’s 50 day simple moving average is $64.63 and its 200 day simple moving average is $62.17.

Darling Ingredients (NYSE:DARGet Free Report) last issued its quarterly earnings results on Tuesday, August 8th. The company reported $1.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.57 by ($0.02). The firm had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.83 billion. Darling Ingredients had a net margin of 11.12% and a return on equity of 20.15%. The business’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same period in the previous year, the business posted $1.23 earnings per share. As a group, equities research analysts forecast that Darling Ingredients Inc. will post 5.53 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently commented on DAR. UBS Group increased their price target on Darling Ingredients from $82.00 to $85.00 in a report on Monday, May 15th. BMO Capital Markets lifted their price target on shares of Darling Ingredients from $80.00 to $85.00 in a research note on Thursday, May 11th. Piper Sandler raised their price objective on shares of Darling Ingredients from $93.00 to $95.00 in a report on Tuesday, August 1st. Stifel Nicolaus decreased their price objective on shares of Darling Ingredients from $120.00 to $118.00 and set a “buy” rating for the company in a report on Tuesday, August 22nd. Finally, Robert W. Baird decreased their price target on shares of Darling Ingredients from $106.00 to $104.00 in a report on Thursday, August 10th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $90.64.

Get Our Latest Stock Analysis on DAR

Institutional Investors Weigh In On Darling Ingredients

Several hedge funds and other institutional investors have recently bought and sold shares of DAR. Teacher Retirement System of Texas grew its stake in shares of Darling Ingredients by 23.2% in the 4th quarter. Teacher Retirement System of Texas now owns 75,969 shares of the company’s stock worth $4,755,000 after purchasing an additional 14,283 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in shares of Darling Ingredients by 299.9% during the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 44,192 shares of the company’s stock valued at $2,581,000 after acquiring an additional 33,142 shares during the last quarter. Edmond DE Rothschild Holding S.A. lifted its position in shares of Darling Ingredients by 47.4% during the 1st quarter. Edmond DE Rothschild Holding S.A. now owns 181,311 shares of the company’s stock valued at $10,589,000 after acquiring an additional 58,265 shares during the last quarter. AE Wealth Management LLC raised its position in shares of Darling Ingredients by 50.9% during the first quarter. AE Wealth Management LLC now owns 5,823 shares of the company’s stock worth $340,000 after purchasing an additional 1,963 shares during the period. Finally, Intech Investment Management LLC acquired a new stake in shares of Darling Ingredients during the fourth quarter worth $309,000. 89.78% of the stock is currently owned by institutional investors.

Darling Ingredients Company Profile

(Get Free Report)

Darling Ingredients Inc develops, produces, and sells natural ingredients from edible and inedible bio-nutrients in North America, Europe, China, South America, and internationally. The company operates through three segments: Feed Ingredients, Food Ingredients, and Fuel Ingredients. It offers ingredients and customized specialty solutions for customers in the pharmaceutical, food, pet food, feed, industrial, fuel, bioenergy, and fertilizer industries.

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Insider Buying and Selling by Quarter for Darling Ingredients (NYSE:DAR)

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