Snyder’s-lance, Inc. (LNCE): Dan C Swander , director of Snyder’s-lance, Inc. sold 7,500 shares on May 27, 2016. The Insider selling transaction was reported by the company on Jun 1, 2016 to the Securities and Exchange Commission. The shares were sold at $31.03 per share for a total value of $232,749.75 , 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, Patricia A Warehime (director 10% owner) purchased 17,240 shares at $29.31 per share price.On May 18, 2016, Dan C Swander (director) sold 2,500 shares at $31.00 per share price.Also, On Mar 17, 2016, Brian J Driscoll (director) sold 31,850 shares at $31.54 per share price.On May 15, 2015, Margaret E Wicklund (VP, Controller, PAO, Asst Sec) sold 3,500 shares at $29.75 per share price.
Snyder's-Lance Inc: On Friday, May 27, 2016 heightened volatility was witnessed in Snyder's-Lance Inc which led to swings in the share price. The shares opened for trading at $30.58 and hit $31.14 on the upside , eventually ending the session at $31.12, with a gain of 2.00% or 0.61 points. The heightened volatility saw the trading volume jump to 6,02,552 shares. The 52-week high of the share price is $39.1 and the company has a market cap of $2,982 M . The 52-week low of the share price is at $27.93.
Company has been under the radar of several Street Analysts.Snyder's-Lance Inc is Initiated by KeyBanc Capital Mkts to Sector Weight. The Rating was issued on May 26, 2016.Snyder's-Lance Inc is Initiated by DA Davidson to Buy and the brokerage firm has set the Price Target at $38. The Rating was issued on Apr 27, 2016.
Snyder’s-Lance Inc. is a national snack food company. The Company is engaged in the manufacturing distribution marketing and sale of snack food products. Its products include pretzels sandwich crackers kettle cooked chips pretzel crackers cookies potato chips tortilla chips nuts restaurant style crackers and other salty snacks. It purchases certain cake products and sells under its brands. The Company’s brands include core brands such as Snyder’s of Hanover Lance Cape Cod Snack Factory Pretzel Crisps and Late July and allied brands such as Toms Archway Jays Stella Doro EatSmart Krunchers! and O-Ke-Doke. The Company’s Clearview Foods division combines Snack Factory Pretzel Crisps Late July Organic Snacks and EatSmart brands. The Company also sells Partner brand products which consist of other third-party branded products that the Company sells to its independent business owners (IBO) through its direct-store-delivery distribution network (DSD network).