Today, the EVP, Integrated Supply Chain of Mondelez International (NASDAQ: MDLZ), Daniel P. Myers, sold shares of MDLZ for $1.21M.
Following Daniel P. Myers’ last MDLZ Sell transaction on September 14, 2017, the stock climbed by 3.0%.
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Based on Mondelez International’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $6.11 billion and quarterly net profit of $323 million. In comparison, last year the company earned revenue of $5.99 billion and had a net profit of $498 million. MDLZ’s market cap is $62.85B and the company has a P/E ratio of 21.50. Currently, Mondelez International has an average volume of 5.61M.
Based on 6 analyst ratings, the analyst consensus is Strong Buy with an average price target of $49.17, reflecting a 13.4% upside.
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Mondelez International, Inc. engages in the manufacture and marketing of snack food and beverage products. It operates through the following geographical segments: Latin America; Asia, Middle East, and Africa; Europe; and North America. Its products include beverages, biscuits, meals, chocolate, gum, and candy.