Sunopta Inc. (STKL) Files Form 4 Insider Buying : Hendrik Jacobs Buys 7,000 Shares

Sunopta Inc. (STKL): Hendrik Jacobs , CEO of Sunopta Inc. purchased 7,000 shares on May 20, 2016. The Insider buying transaction was reported by the company on May 20, 2016 to the Securities and Exchange Commission. The shares were purchased at $3.85 per share for a total value of $26,950.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 19, 2016, Joseph Davidson (SVP and GM) purchased 1,000 shares at $4.10 per share price.On Mar 16, 2016, Michael Detlefsen (director) purchased 5,000 shares at $4.87 per share price.Also, On Dec 15, 2015, M Shan Atkins (director) purchased 4,500 shares at $6.85 per share price.On Dec 14, 2015, Jeremy Kendall (director) sold 10,000 shares at $7.00 per share price.

Shares of SunOpta (USA) (STKL) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.27 points or -6.67% at $3.78 with 7,71,533 shares getting traded. Post opening the session at $4.01, the shares hit an intraday low of $3.64 and an intraday high of $4.045 and the price vacillated in this range throughout the day. The company has a market cap of $323,228 M and the number of outstanding shares has been calculated to be 85,51,00,00,000 shares. The 52-week high of SunOpta (USA) is $11.39 and the 52-week low is $4.

SunOpta  (USA) Money Flow Index Chart

Company has been under the radar of several Street Analysts.SunOpta (USA) is Upgraded by DA Davidson to Buy and the brokerage firm has set the Price Target at $6. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Apr 14, 2016.SunOpta (USA) is Downgraded by DA Davidson to Neutral while Lowering the Price Target of the company shares to $ 6 from a previous price target of $7.50 . Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Mar 2, 2016.

SunOpta Inc. is a global company operating businesses focused on healthy products portfolio. The Company specializes in sourcing processing and packaging of natural organic and specialty food products. It operates in three segments: Global Ingredients Consumer Products and Opta Minerals. It sources organic and non-genetically modified (non-GMO) crops from growers and suppliers. The Global Ingredients segment aggregates its North American-based Raw Material Sourcing and Supply and European-based International Sourcing and Supply operating segments. The Consumer Products segment manufactures and supplies branded and private label aseptic beverages; re-sealable pouch products; individually quick frozen (IQF) fruits and vegetables; fruit bases and toppings; juices; shelf stable juices and waters and fruit- and grain-based snacks. The Opta Minerals segment processes distributes and recycles industrial minerals; silica-free abrasives and specialty sands.

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