Caseys General Stores Inc (CASY): Terry W Handley , President & CEO of Caseys General Stores Inc sold 15,000 shares on Jun 13, 2016. The Insider selling transaction was reported by the company on Jun 14, 2016 to the Securities and Exchange Commission. The shares were sold at $118.54 per share for a total value of $1,778,100.00 , 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 14, 2016, Jeffrey M Lamberti (director) sold 4,000 shares at $119.12 per share price.On Mar 29, 2016, William J Walljasper (Senior VP and CFO) sold 2,500 shares at $108.21 per share price.Also, On Mar 9, 2016, William C Kimball (director) sold 2,000 shares at $107.15 per share price.On Mar 9, 2016, Larree M Renda (director) purchased 2,500 shares at $102.50 per share price.
Casey's General Stores Inc: On Friday, Jun 10, 2016 heightened volatility was witnessed in Casey's General Stores Inc which led to swings in the share price. The shares opened for trading at $118.17 and hit $119.9301 on the upside , eventually ending the session at $119.63, with a gain of 0.26% or 0.31 points. The heightened volatility saw the trading volume jump to 3,40,098 shares. The 52-week high of the share price is $129.53 and the company has a market cap of $4,672 M . The 52-week low of the share price is at $91.365.
On Jun 6, 2016, Casey's General Stores Inc announced a cash dividend of $0.2400. The company’s management has announced Jul 28, 2016 as the ex-dividend date and fixed the record date on Aug 1, 2016. The payable date has been fixed on Aug 15, 2016.
Company has been under the radar of several Street Analysts.Casey's General Stores Inc is Initiated by Jefferies to Hold. The Rating was issued on Apr 8, 2016.Casey's General Stores Inc is Upgraded by Deutsche Bank to Buy and the brokerage firm has raised the Price Target to $ 130 from a previous price target of $120 .Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Mar 30, 2016.
Casey’s General Stores Inc. and its wholly owned subsidiaries operate convenience stores under the name Casey’s General Store in 14 Midwestern states in Iowa Missouri and Illinois. The Company also operates one store selling primarily tobacco products. The stores carry food including freshly prepared foods such as pizza donuts and sandwiches beverages tobacco products health and beauty aids automotive products and other nonfood items. As of April 30 2015 the Company operated 1878 stores. The Company operates a central warehouse Casey’s Distribution Center in Ankeny Iowa through which it supplies grocery and general merchandise items to its stores. The Company’s subsidiary Casey’s Retail Company operates stores in Illinois Kansas Minnesota Nebraska North Dakota and South Dakota. Its subsidiary Casey’s Marketing Company owns and has responsibility for the operation of stores in Arkansas Indiana Iowa Kentucky Missouri Oklahoma Tennessee and Wisconsin.