Today, the President & CEO of Ingredion (INGR), James Zallie, sold shares of INGR for $82.74K.
Following James Zallie’s last INGR Sell transaction on December 15, 2010, the stock climbed by 59.5%. In addition to James Zallie, 7 other INGR executives reported Sell trades in the last month.
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Based on Ingredion’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $1.55 billion and quarterly net profit of $109 million. In comparison, last year the company earned revenue of $1.43 billion and had a net profit of $94 million. The company has a one-year high of $99.51 and a one-year low of $73.00. Currently, Ingredion has an average volume of 515.83K.
The insider sentiment on Ingredion has been negative according to 67 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Ingredion, Inc. manufactures and sells sweetener, starches, nutrition ingredients, and biomaterial solutions derived from the wet milling and processing of corn and other starch based materials. Its activities include turning corn, tapioca, potatoes and other vegetables and fruits into value added ingredients and biomaterials for the food, beverage, paper and corrugating, brewing, and other industries. The company was founded in 1906 and is headquartered in Westchester, IL.
