The SVP, Global Business Services of Agco (AGCO) is Selling Shares


Today, the SVP, Global Business Services of Agco (NYSE: AGCO), Lucinda Smith, sold shares of AGCO for $102.8K.

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Based on Agco’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $2.01 billion and quarterly net profit of $24.3 million. In comparison, last year the company earned revenue of $1.63 billion and had a GAAP net loss of $10.1 million. AGCO’s market cap is $5.41B and the company has a P/E ratio of 24.75. Currently, Agco has an average volume of 342.6K.

Nine different firms, including Merrill Lynch and Deutsche Bank, currently also have a Sell rating on the stock. Based on 4 analyst ratings, the analyst consensus is Hold with an average price target of $73.25, reflecting a -7.1% downside.

The insider sentiment on Agco has been negative according to 60 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Lucinda Smith’s trades have generated a 5.1% 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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AGCO Corp. engages in the manufacture and distribution of agricultural equipment and related replacement parts. It offers tractors, combines, self-propelled sprayers, hay tools, forage equipment, seeding and tillage equipment, implements, and grain storage and protein production systems.

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