The EVP & CCO of Pinnacle Foods (NYSE: PF) is Selling Shares


Today, the EVP & CCO of Pinnacle Foods (NYSE: PF), Mark Schiller, sold shares of PF for $337.6K.

Following Mark Schiller’s last PF Sell transaction on August 18, 2017, the stock climbed by 3.9%.

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Based on Pinnacle Foods’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $779 million and quarterly net profit of $56.91 million. In comparison, last year the company earned revenue of $766 million and had a net profit of $22.93 million. PF’s market cap is $7.58B and the company has a P/E ratio of 13.41. Currently, Pinnacle Foods has an average volume of 743.6K.

Based on 9 analyst ratings, the analyst consensus is Strong Buy with an average price target of $65.63, reflecting a -3.1% downside.

The insider sentiment on Pinnacle Foods has been positive according to 27 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Pinnacle Foods, Inc. engages in the provision of manufacturing, marketing, and distribution of branded food products in North America. It operates through the following segments: Frozen, Grocery, Boulder, and Specialty. The Frozen segment includes Hungry-Man frozen entrées; Van de Kamp’s and Mrs.

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