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.
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.
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.
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