Saputo Inc. (SAP) Director Robert L. Edwards Sells 3,160 Shares
Saputo Inc. (TSE:SAP) Director Robert L. Edwards sold 3,160 shares of the stock in a transaction on Tuesday, June 12th. The stock was sold at an average price of C$42.00, for a total transaction of C$132,720.00.
Shares of Saputo traded up C$0.52, hitting C$43.53, during trading hours on Thursday, according to MarketBeat. 336,828 shares of the stock were exchanged, compared to its average volume of 419,604. Saputo Inc. has a one year low of C$39.08 and a one year high of C$47.59.
Saputo (TSE:SAP) last issued its quarterly earnings results on Thursday, June 7th. The company reported C$0.35 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.42 by C($0.07). Saputo had a net margin of 11.15% and a return on equity of 30.30%. The company had revenue of C$2.74 billion during the quarter, compared to the consensus estimate of C$2.71 billion.
Saputo Company Profile
Saputo Inc produces, markets, and distributes various dairy products in Canada, the United States, Argentina, and Australia. It offers a range of cheese products, such as mozzarella, American-style, specialty cheeses, cheddar, fine cheeses, and other cheeses; butter; and dairy and non-dairy extended shelf-life products, including cream and creamers, ice cream mixes, whipping creams, aerosol whipped toppings, iced coffee, and value-added milks, as well as cultured products, such as sour cream and cottage cheese.
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