Whitewave Foods Company (The) (NYSE:WWAV) has climbed 2.03% in the past week and advanced 2.19% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 3.26% and the outperformance has advanced to 1.26% for the last 4 weeks period.
Whitewave Foods Company (The) (NYSE:WWAV): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $44.87 and $44.87 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $45.83. The buying momentum continued till the end and the stock did not give up its gains. It closed at $45.67, notching a gain of 0.93% for the day. The total traded volume was 1,937,903 . The stock had closed at $45.25 on the previous day.
The company shares have dropped -8.18% from its 1 Year high price. On Aug 5, 2015, the shares registered one year high at $52.53 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $44.02 and the 200 Day Moving Average price is recorded at $39.90.
On the companys insider trading activities,The director officer (Chairman and CEO) of Whitewave Foods Co, Engles Gregg L sold 25,000 shares at $40.22 on March 3, 2016. The Insider selling transaction had a total value worth of $1,005,500. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. In a research note released to the investors, Wunderlich maintains its rating on Whitewave Foods Company (The) (NYSE:WWAV).The analysts at the brokerage house have a current rating of Hold on the shares. In a recent information released to the investors, Wunderlich raises the new price target from $39 per share to $42 per share. The rating by the firm was issued on May 18, 2016. Currently the company Insiders own 6.2% of Whitewave Foods Company (The) shares according to the proxy statements. Institutional Investors own 84.62% of Whitewave Foods Company (The) shares. During last six month period, the net percent change held by insiders has seen a change of -2.26%.
The WhiteWave Foods Company is a consumer packaged food and beverage company. The Company manufactures, markets, distributes and sells branded plant-based foods and beverages, coffee creamers and beverages, dairy products and organic produce across North America and Europe. Its segments include Americas Foods & Beverages, Americas Fresh Foods and Europe Foods & Beverages. It is engaged in the manufacturing, marketing, distribution and sale of plant-based beverages in China. In North America, it distributes the brands, including Silk and So Delicious plant-based foods and beverages; International Delight and LAND O LAKES coffee creamers and beverages; Horizon Organic dairy products, and Earthbound Farm organic salads, fruits and vegetables. Its plant-based foods and beverages brands in Europe include Alpro and Provamel. It sells its plant-based beverages in China under the Silk ZhiPuMoFang brand. In addition, it also offers the Vega brand, which includes plant-based nutrition products.