The SVP Chief Prod Supply Tech Off of Hershey Co (HSY) is Buying Shares


Today, the SVP Chief Prod Supply Tech Off of Hershey Co (HSY), Terence O’day, bought shares of HSY for $1.05M.

Following Terence O’day’s last HSY Buy transaction on May 16, 2017, the stock climbed by 29.7%. This recent transaction increases Terence O’day’s holding in the company by 18.56% to a total of $6.31 million.

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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 $26.69B and the company has a P/E ratio of 24.46. Currently, Hershey Co has an average volume of 1.59M.

Based on 7 analyst ratings, the analyst consensus is Hold with an average price target of $120.43, reflecting a -7.4% downside.

In the last 30 days, insiders have sold $5.03M worth of HSY shares and purchased $1.05M worth of HSY shares. The insider sentiment on Hershey Co has been negative according to 120 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Terence O’day’s trades have generated a -19.1% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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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.

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