Once Upon A Farm (NYSE:OFRM) Trading Down 8% – Here’s Why

Once Upon A Farm (NYSE:OFRM) shares traded down 8% during trading on Wednesday . The stock traded as low as $21.67 and last traded at $21.67. 95,924 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 809,942 shares. The stock had previously closed at $23.56.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Zacks Research upgraded shares of Once Upon A Farm to a “hold” rating in a report on Wednesday, February 18th. Wall Street Zen raised shares of Once Upon A Farm to a “hold” rating in a research note on Saturday, February 14th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of “Hold”.

Once Upon A Farm Stock Down 6.6%

Insider Activity at Once Upon A Farm

In other Once Upon A Farm news, Director Walter E. Iv Robb bought 5,555 shares of Once Upon A Farm stock in a transaction that occurred on Monday, February 9th. The shares were acquired at an average price of $18.00 per share, for a total transaction of $99,990.00. Following the acquisition, the director owned 145,970 shares of the company’s stock, valued at $2,627,460. The trade was a 3.96% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.

Once Upon A Farm Company Profile

Once Upon A Farm (NYSE: OFRM) is a U.S.-based producer of refrigerated organic foods for infants, toddlers and young children. The company’s product lineup emphasizes cold-pressed, organic purees, blends and smoothies formulated for early childhood nutrition. Its offerings are positioned around whole-food ingredients, limited processing and claims of no artificial preservatives or added sugars, with packaging designed for convenience and on-the-go feeding.

Once Upon A Farm distributes its products through a combination of retail and direct-to-consumer channels, serving customers primarily across the United States.