This recent transaction increases Michael Anthony Digregorio’s holding in the company by 17.39% to a total of $1 million. This is Digregorio’s first transaction since reporting a Buy transaction on VIRC back in June 2014
Based on Calavo Growers’ latest earnings report for the quarter ending October 31, the company posted quarterly revenue of $280 million and GAAP net loss of $1.33 million. In comparison, last year the company earned revenue of $277 million and had a net profit of $10.27 million. CVGW’s market cap is $1.29B and the company has a P/E ratio of 40.48. Currently, Calavo Growers has an average volume of 311.1K.
The insider sentiment on Calavo Growers has been neutral according to 44 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.
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Calavo Growers, Inc. engages in marketing and distribution of avocados, prepared avocados, and other perishable foods. It operates through the following segments: Fresh Products, Calavo Foods, and Renaissance Food Group. The Fresh Products segment grades, sizes, packs, cools, and ripens avocados for delivery to the customers.