A Director at Lancaster Colony Corp (NASDAQ: LANC) is Selling Shares

By Carrie Williams

Today, a Director at Lancaster Colony Corp (LANCResearch Report), Neeli Bendapudi, sold shares of LANC for $364.9K.

Following Neeli Bendapudi’s last LANC Sell transaction on November 13, 2013, the stock climbed by 72.9%.

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Based on Lancaster Colony Corp’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $324 million and quarterly net profit of $32.96 million. In comparison, last year the company earned revenue of $308 million and had a net profit of $32.32 million. The company has a one-year high of $194.38 and a one-year low of $138.90. LANC’s market cap is $3.98B and the company has a P/E ratio of 26.54.

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Lancaster Colony Corp. engages in the manufacture and marketing of specialty food products. It operates through Retail and Foodservices segments.