The Group President Fresh Meats of Tyson Foods (NYSE: TSN) is Selling Shares

By Carrie Williams

Today, the Group President Fresh Meats of Tyson Foods (TSNResearch Report), Stephen Stouffer, sold shares of TSN for $996.2K.

Following Stephen Stouffer’s last TSN Sell transaction on March 19, 2018, the stock climbed by 10.1%. In addition to Stephen Stouffer, 4 other TSN executives reported Sell trades in the last month.

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Based on Tyson Foods’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $10.43 billion and quarterly net profit of $426 million. In comparison, last year the company earned revenue of $9.8 billion and had a net profit of $315 million. TSN’s market cap is $27.7B and the company has a P/E ratio of 15.11. Currently, Tyson Foods has an average volume of 1.89M.

Based on 8 analyst ratings, the analyst consensus is Strong Buy with an average price target of $85.13, reflecting a 3.9% upside.

The insider sentiment on Tyson Foods has been negative according to 83 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Stephen Stouffer’s trades have generated a -8.4% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Tyson Foods, Inc. engages in the production of processed food. It operates through the following segments: Chicken, Beef, Pork, and Prepared Foods. The Chicken segment involves in domestic operations related to raising and processing live chickens into fresh, frozen, and value-added chicken products, as well as sales from allied products.