Arthur S. Wolcott Acquires 3,000 Shares of Seneca Foods Corp (SENEA) Stock

Seneca Foods Corp (NASDAQ:SENEA) Chairman Arthur S. Wolcott acquired 3,000 shares of Seneca Foods stock in a transaction that occurred on Wednesday, March 13th. The stock was purchased at an average cost of $27.41 per share, with a total value of $82,230.00. Following the completion of the purchase, the chairman now owns 8,551 shares in the company, valued at approximately $234,382.91. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of SENEA traded up $0.45 during midday trading on Friday, reaching $24.59. The company had a trading volume of 243 shares, compared to its average volume of 18,282. Seneca Foods Corp has a 1-year low of $23.87 and a 1-year high of $35.90. The company has a quick ratio of 0.29, a current ratio of 1.51 and a debt-to-equity ratio of 0.10.

Seneca Foods (NASDAQ:SENEA) last issued its earnings results on Friday, February 1st. The company reported ($2.07) earnings per share (EPS) for the quarter. Seneca Foods had a negative return on equity of 10.43% and a net margin of 0.02%. The company had revenue of $372.24 million during the quarter.

SENEA has been the subject of several recent research reports. BidaskClub downgraded Seneca Foods from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 17th. TheStreet downgraded Seneca Foods from a “c-” rating to a “d+” rating in a research note on Tuesday, February 26th.

Several institutional investors and hedge funds have recently modified their holdings of the business. Municipal Employees Retirement System of Michigan acquired a new stake in shares of Seneca Foods during the 4th quarter worth about $54,000. Oregon Public Employees Retirement Fund acquired a new stake in shares of Seneca Foods during the 4th quarter worth about $72,000. Metropolitan Life Insurance Co. NY acquired a new stake in shares of Seneca Foods during the 4th quarter worth about $74,000. MetLife Investment Advisors LLC acquired a new stake in shares of Seneca Foods during the 4th quarter worth about $101,000. Finally, Comerica Bank acquired a new stake in shares of Seneca Foods during the 3rd quarter worth about $203,000. 48.44% of the stock is owned by institutional investors and hedge funds.

WARNING: “Arthur S. Wolcott Acquires 3,000 Shares of Seneca Foods Corp (SENEA) Stock” was first reported by Community Financial News and is the property of of Community Financial News. If you are accessing this news story on another publication, it was illegally copied and republished in violation of U.S. and international trademark & copyright laws. The original version of this news story can be read at https://www.com-unik.info/2019/03/15/arthur-s-wolcott-acquires-3000-shares-of-seneca-foods-corp-senea-stock.html.

Seneca Foods Company Profile

Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. It offers canned, frozen, and bottled produce; and snack chips and other food products under the private label, as well as under various national and regional brands that the company owns or licenses, including Seneca, Libby's, Aunt Nellie's, READ, Green Valley, Cherryman, and Seneca Farms.

Further Reading: How does inflation affect different investments?

Receive News & Ratings for Seneca Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seneca Foods and related companies with MarketBeat.com's FREE daily email newsletter.



Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit