The SVP of Archer Daniels Midland (NYSE: ADM) is Selling Shares

By Carrie Williams

Today, the SVP of Archer Daniels Midland (NYSE: ADM), Christopher Cuddy, sold shares of ADM for $17.75K.

The company has a one-year high of $46.39 and a one-year low of $38.59. ADM’s market cap is $24.64B and the company has a P/E ratio of 15.8. Currently, Archer Daniels Midland has an average volume of 1.29M.

Based on 8 analyst ratings, the analyst consensus is Strong Buy with an average price target of $47.13, reflecting a -6.0% downside. Four different firms, including Citigroup and J.P. Morgan, currently also have a Sell rating on the stock.

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Archer-Daniels-Midland Co. processes oilseeds, corn, wheat, cocoa and other agricultural commodities. The company operates through the following segments: Oilseeds Processing, Corn Processing, Wild Flavors & Specialty Ingredients and Agricultural Services.