Saputo Inc. (SAP) Insider Louise St-Jean Sells 400 Shares of Stock

Saputo Inc. (TSE:SAP) insider Louise St-Jean sold 400 shares of Saputo stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of C$43.89, for a total value of C$17,556.00.

Shares of Saputo Inc. (TSE SAP) traded up C$0.54 during trading hours on Wednesday, hitting C$44.19. The stock had a trading volume of 322,552 shares, compared to its average volume of 524,919. Saputo Inc. has a 1-year low of C$39.74 and a 1-year high of C$48.98.

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Several analysts have commented on the company. National Bank Financial lowered their price target on Saputo from C$50.00 to C$49.00 and set a “sector perform” rating for the company in a report on Sunday, November 5th. Desjardins cut Saputo from a “buy” rating to a “hold” rating in a report on Monday, October 30th. TD Securities lifted their price target on Saputo from C$49.00 to C$52.00 and gave the company a “buy” rating in a report on Friday, October 27th. Scotiabank lowered their price target on Saputo from C$58.00 to C$57.00 and set an “outperform” rating for the company in a report on Friday, November 3rd. Finally, BMO Capital Markets restated a “market perform” rating and issued a C$47.00 price target on shares of Saputo in a report on Friday, October 27th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of C$50.14.

About Saputo

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.

Insider Buying and Selling by Quarter for Saputo (TSE:SAP)

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