Snyder’s-lance, Inc. (LNCE): John E Denton , director of Snyder’s-lance, Inc. sold 6,932 shares on Sep 12, 2016. The Insider selling transaction was reported by the company on Sep 14, 2016 to the Securities and Exchange Commission. The shares were sold at $33.94 per share for a total value of $235,332.09 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 8, 2016, Brian J Driscoll (director) sold 5,000 shares at $35.42 per share price.On Aug 12, 2016, Peter P Brubaker (director) sold 4,000 shares at $36.00 per share price.Also, On Jun 14, 2016, Gail Sharps Myers (SVP, General Counsel & Sec) sold 200 shares at $32.08 per share price.On Jun 1, 2016, Dan C Swander (director) sold 7,500 shares at $31.03 per share price.
Snyder's-Lance Inc: On Monday, Sep 12, 2016 heightened volatility was witnessed in Snyder's-Lance Inc which led to swings in the share price. The shares opened for trading at $33.52 and hit $34.64 on the upside , eventually ending the session at $33.97, with a gain of 1.04% or 0.35 points. The heightened volatility saw the trading volume jump to 527,925 shares. The 52-week high of the share price is $39.1 and the company has a market cap of $3,264 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 Reiterated by DA Davidson to Buy and the brokerage firm has raised the Price Target to $ 42 from a previous price target of $38 .The Rating was issued on Aug 9, 2016.Snyder's-Lance Inc is Reiterated by Deutsche Bank to Hold and the brokerage firm has raised the Price Target to $ 34 from a previous price target of $31 .The Rating was issued on Aug 2, 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).