Cal-maine Foods Inc (CALM): Adolphus B Baker , director officer 10% owner (Chairman, President & of Cal-maine Foods Inc sold 100,000 shares on May 3, 2016. The Insider selling transaction was reported by the company on May 5, 2016 to the Securities and Exchange Commission. The shares were sold at $51.97 per share for a total value of $5,195,485.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 5, 2016, Charles Jeff Hardin (Vice President Marketing) sold 1,481 shares at $48.73 per share price.On Jan 27, 2016, James E Poole (director) sold 2,000 shares at $49.07 per share price.Also, On Apr 30, 2015, Timothy A Dawson (Vice President, CFO, Sec/Treas) sold 6,000 shares at $44.84 per share price.
Cal-Maine Foods Inc: On Wednesday, May 4, 2016 heightened volatility was witnessed in Cal-Maine Foods Inc which led to swings in the share price. The shares opened for trading at $51.68 and hit $52.455 on the upside , eventually ending the session at $52.13, with a gain of 0.46% or 0.24 points. The heightened volatility saw the trading volume jump to 6,45,190 shares. The 52-week high of the share price is $63.25 and the company has a market cap of $2,530 M . The 52-week low of the share price is at $42.7701.
Company has been under the radar of several Street Analysts.Cal-Maine Foods Inc is Downgraded by DA Davidson to Neutral while Lowering the Price Target of the company shares to $ 55 from a previous price target of $60 . Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Mar 29, 2016.Cal-Maine Foods Inc is Downgraded by Sidoti to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Mar 29, 2016.Cal-Maine Foods Inc is Downgraded by BB&T Capital Mkts to Underweight. Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Mar 4, 2016.Cal-Maine Foods Inc is Downgraded by CJS Securities to Market Perform. Earlier the firm had a rating of Market Outperform on the company shares. The Rating was issued on Mar 1, 2016.
Cal-Maine Foods Inc. is a producer and marketer of shell eggs in the United States. The Company’s primary business is the production grading packaging marketing and distribution of shell eggs. The Company sells its shell eggs in the southwestern southeastern mid-western and mid-Atlantic regions of the United States. The Company markets its shell eggs through its distribution network to a group of customers including national and regional grocery store chains club stores foodservice distributors and egg product consumers. Some of its sales are completed through co-pack agreements. It has a total flock of approximately 33.7 million layers and 8.4 million pullets and breeders. The Company markets its specialty shell eggs under brands such as Egg-Land’s Best Land O’ Lakes Farmhouse and 4-Grain. The Company also produces markets and distributes private label specialty shell eggs to several customers.