Shares of Campbell Soup Company (CPB) Drops by -0.72%

Campbell Soup Company (CPB) has risen sharply, recording gains of 6.69% in the past 4 weeks. However, the stock has corrected -0.72% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 2.23% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has recorded a 20-day Moving Average of 3.22% and the 50-Day Moving Average is 5.37%.

Campbell Soup Company (NYSE:CPB): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $66.64 and $66.33 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $66.91. The buying momentum continued till the end and the stock did not give up its gains. It closed at $66.62, notching a gain of 0.14% for the day. The total traded volume was 1,410,865 . The stock had closed at $66.53 on the previous day.


The company Insiders own 37.7% of Campbell Soup Company shares according to the proxy statements. Institutional Investors own 43.55% of Campbell Soup Company shares. During last six month period, the net percent change held by insiders has seen a change of -27.05%. In a related news,The officer (Senior Vice President) of Campbell Soup Co, Carolan Edward sold 5,000 shares at $61.93 on March 4, 2016. The Insider selling transaction had a total value worth of $309,650. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Campbell Soup Company manufactures and markets food products. The Companys segments include U.S. Simple Meals; Global Baking and Snacking; International Simple Meals and Beverages; U.S. Beverages, and Bolthouse and Foodservice. Its U.S. Simple Meals segment includes various products, such as Campbells condensed and ready-to-serve soups; Prego pasta sauces, and Pace Mexican sauces. Its Global Baking and Snacking segment includes Pepperidge Farm cookies, crackers, bakery and frozen products in the United States retail. Its International Simple Meals and Beverages segment includes retail business in Canada. Its U.S. Beverages segment includes various products, such as V8 juices and beverages, and Campbells tomato juice. Its Bolthouse and Foodservice segment comprises the Bolthouse Farms carrot products operating segment, including fresh carrots, juice concentrate and fiber. Its brands include Arnotts, Bolthouse Farms, Campbells, Garden Fresh Gourmet, Goldfish, Kjeldsens and Pace.

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