Hershey Co (HSY) Files Form 4 Insider Selling : D Michael Wege Sells 1,100 Shares

Hershey Co (HSY): D Michael Wege , SVP, CAO of Hershey Co sold 1,100 shares on Apr 15, 2016. The Insider selling transaction was reported by the company on Apr 19, 2016 to the Securities and Exchange Commission. The shares were sold at $92.32 per share for a total value of $101,552.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 16, 2016, D Michael Wege (SVP, CAO) sold 1,100 shares at $92.00 per share price.On Nov 16, 2015, Trust Co Hershey (10% owner) sold 190,000 shares at $83.82 per share price.Also, On Nov 16, 2015, Trust Co Trustee In Tr Hershey (10% owner) purchased 190,000 shares at $83.82 per share price.On Nov 4, 2015, James E Nevels (director) sold 1 shares at $88.34 per share price.

Hershey Co: On Monday, Apr 18, 2016 heightened volatility was witnessed in Hershey Co which led to swings in the share price. The shares opened for trading at $93.44 and hit $94.13 on the upside , eventually ending the session at $94.04, with a gain of 0.57% or 0.53 points. The heightened volatility saw the trading volume jump to 9,67,172 shares. The 52-week high of the share price is $100.08 and the company has a market cap of $20,362 M . The 52-week low of the share price is at $82.41.

Hershey Co Money Flow Index Chart

Company has been under the radar of several Street Analysts.Hershey Co is Reiterated by RBC Capital Mkts to Sector Perform while Lowering the Price Target of the company shares to $ 92 from a previous price target of $95 . The Rating was issued on Jan 26, 2016.

Currently the company Insiders own 0.65% of Hershey Co shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by 8.79%.Institutional Investors own 53.65% of Hershey Co shares.During last six month period, the net percent change held by insiders has seen a change of 0.02%.

The Hershey Company (Hershey) is a provider of chocolate and sugar confectionery. The Company’s principal confectionery offerings include chocolate and sugar confectionery products; pantry items such as baking ingredients toppings and beverages; snack items such as spreads and gum and mint refreshment products. The Company operates through two segments: North America and International and Other. The North America segment is responsible for its chocolate and sugar confectionery business in the United States and Canada. The International and Other segment includes all other countries where the Company manufactures imports markets sells or distributes chocolate sugar confectionery and other products. This includes operations in Asia Latin America Europe Africa and the Middle East along with exports to these regions. This segment also includes its global retail operations including Hershey’s Chocolate World stores.

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