On November 8, 2024, Robert Duchscher, the Chief Information Officer of SunOpta Inc (STKL, Financial), executed a significant transaction by selling 50,000 shares of the company. The sale was documented in a recent SEC Filing. Following this transaction, the insider now owns 42,971 shares of SunOpta Inc.
SunOpta Inc specializes in the sourcing, processing, and packaging of natural, organic, and specialty food products. The company is committed to sustainability and providing healthful products that contribute to a better lifestyle.
The shares were sold at a price of $7.33 each, placing the total value of the transaction at approximately $366,650. This recent activity follows a pattern observed over the past year where Robert Duchscher has sold a total of 50,000 shares and has not made any purchases.
The insider transaction history for SunOpta Inc shows a trend of more insider sales than buys over the past year, with 3 insider sales and 2 insider buys recorded.
As of the date of the sale, SunOpta Inc had a market cap of approximately $862.492 million. The stock's valuation metrics, including the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, are derived from historical trading multiples and an adjustment factor based on the company’s past performance and growth estimates.
The stock is currently considered Fairly Valued with a price-to-GF-Value ratio of 1.09, according to the GuruFocus Value of $6.70.
This insider sale might be of interest to investors tracking insider behaviors as an indicator of confidence levels regarding the company's current valuation and future prospects.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
