Mohammed Abbas Buys 12,000 Shares of Fresh Del Monte Produce (NYSE:DMC) Stock

Fresh Del Monte Produce Inc (NYSE:DMC) COO Mohammed Abbas purchased 12,000 shares of the firm’s stock in a transaction on Tuesday, August 4th. The shares were purchased at an average price of $29.89 per share, with a total value of $358,680.00. Following the completion of the acquisition, the chief operating officer directly owned 71,930 shares of the company’s stock, valued at approximately $2,149,987.70. This trade represents a 20.02% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Fresh Del Monte Produce Trading Down 100.0%

Fresh Del Monte Produce Inc has a 12 month low of $26.47 and a 12 month high of $43.58.

About Fresh Del Monte Produce

Fresh Del Monte Produce Inc is a vertically integrated producer, distributor and marketer of fresh and prepared food products. Its portfolio includes bananas, pineapples, melons, avocados, berries and other fresh fruits, along with vegetables, fresh-cut produce, juices, snacks and prepared foods. The company sells products under the Del Monte brand and other brands, as well as through private-label and foodservice channels.

Fresh Del Monte manages activities across much of the agricultural supply chain, including growing, sourcing, packing, transporting, marketing and distributing produce.