Bunge Ltd (BG): L Patrick Lupo , director of Bunge Ltd sold 11,230 shares on May 12, 2016. The Insider selling transaction was reported by the company on May 16, 2016 to the Securities and Exchange Commission. The shares were sold at $61.28 per share for a total value of $688,201.38 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Dec 4, 2015, L Patrick Lupo (director) purchased 3,000 shares at $65.89 per share price.On Aug 27, 2015, Brian Thomsen (officer ) purchased 14,000 shares at $69.44 per share price.Also, On May 21, 2015, La Tour Dauvergne Lauraguai De (director) sold 3,778 shares at $91.47 per share price.On May 21, 2015, Francis Coppinger (director) sold 1,058 shares at $91.46 per share price.
Shares of Bunge Ltd (BG) ended Friday, May 13, 2016 session in red amid volatile trading. The shares closed down -0.72 points or -1.17% at $60.65 with 7,67,160 shares getting traded. Post opening the session at $61.32, the shares hit an intraday low of $60.2 and an intraday high of $61.33 and the price vacillated in this range throughout the day. The company has a market cap of $8,453 M and the number of outstanding shares has been calculated to be 13,93,78,060 shares. The 52-week high of Bunge Ltd is $93.04 and the 52-week low is $46.08.
On Mar 1, 2016, Bunge Ltd announced a cash dividend of $0.3800. The company’s management has announced May 17, 2016 as the ex-dividend date and fixed the record date on May 19, 2016. The payable date has been fixed on Jun 2, 2016.
Company has been under the radar of several Street Analysts.Bunge Ltd is Downgraded by JP Morgan to Neutral. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Apr 22, 2016.
Bunge Limited is an agribusiness and food company with integrated operations that stretch from the farm field to consumer foods. The Company operates through five segments: The Agribusiness segment is involved in the purchase storage transport processing and sale of agricultural commodities and commodity products. Edible oil products and milling products segments include businesses that produce and sell edible oil based products including oils shortenings margarines and mayonnaise and milled grain products such as wheat flours corn-based products and rice. The sugar and bioenergy segment produces and sells sugar and ethanol derived from sugarcane as well as energy derived from their production process through its operations in Brazil. The fertilizer segment is involved in producing blending and distributing fertilizer products for the agricultural industry in South America with assets and operations primarily in Argentina and port facilities in Brazil and Argentina.