Calavo Growers Inc (CVGW): Marc Laurence Brown , director of Calavo Growers Inc sold 1,000 shares on Jun 9, 2016. The Insider selling transaction was reported by the company on Jun 10, 2016 to the Securities and Exchange Commission. The shares were sold at $67.23 per share for a total value of $67,230.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 9, 2016, Steve Hollister (director) sold 1,000 shares at $65.90 per share price.On Apr 18, 2016, Kenneth J Catchot (President and COO) sold 45,000 shares at $55.58 per share price.Also, On Jan 6, 2016, Donald M Sanders (director) sold 15,500 shares at $52.83 per share price.On Oct 13, 2015, Harold S Edwards (director) sold 1,500 shares at $45.44 per share price.
Calavo Growers: On Thursday, Jun 9, 2016 heightened volatility was witnessed in Calavo Growers which led to swings in the share price. The shares opened for trading at $65.08 and hit $67.87 on the upside , eventually ending the session at $67.43, with a gain of 2.92% or 1.91 points. The heightened volatility saw the trading volume jump to 2,54,765 shares. The 52-week high of the share price is $67.87 and the company has a market cap of $1,176 M . The 52-week low of the share price is at $43.08.
Calavo Growers Inc. (Calavo) is a provider of fresh food. The Company is engaged in the marketing and distribution of avocados prepared avocados and other perishable foods. It also delivers an array of fresh and prepared food products to food distributors produce wholesalers supermarkets convenience stores and restaurants. The Company sorts packs and/or ripens avocados tomatoes and/or Hawaiian grown papayas. The Company operates in three business segments: Fresh products Calavo Foods and Renaissance Food Group LLC (RFG). Its Fresh products segment is engaged in the distribution of avocados and other fresh produce products. Its Calavo Foods is engaged in the purchase manufacturing and distribution of prepared products including guacamole tortilla chips and salsa. The RFG segment is engaged in the manufacturing and distribution of fresh-cut fruit ready-to-eat vegetables recipe-ready vegetables and deli meat products.