Today it was reported that the President & CEO of Hershey Co (HSY), Michele Buck, exercised options to sell 6,000 HSY shares at $74.71 a share, for a total transaction value of $774.8K.
In addition to Michele Buck, 6 other HSY executives reported Sell trades in the last month.
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Based on Hershey Co’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $2.02 billion and quarterly net profit of $304 million. In comparison, last year the company earned revenue of $1.97 billion and had a net profit of $350 million. HSY’s market cap is $26.8B and the company has a P/E ratio of 24.56. Currently, Hershey Co has an average volume of 565.1K.
Based on 7 analyst ratings, the analyst consensus is Hold with an average price target of $121.43, reflecting a -8.0% downside.
In the last 30 days, insiders have sold $6.46M worth of HSY shares and purchased $1.45M worth of HSY shares. The insider sentiment on Hershey Co has been positive according to 126 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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The Hershey Co. engages in the manufacture and market of chocolate and sugar confectionery products. It operates through the North America; and International and Other geographical segments.
