HOSTESS BRANDS (TWNK) Insider Cdm Hostess Class C, Llc Sells 330,000 Shares of Stock

HOSTESS BRANDS (NASDAQ:TWNK) insider Cdm Hostess Class C, Llc sold 330,000 shares of HOSTESS BRANDS stock in a transaction that occurred on Wednesday, June 14th. The shares were sold at an average price of $16.44, for a total transaction of $5,425,200.00. Following the sale, the insider now owns 195,000 shares in the company, valued at approximately $3,205,800. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Cdm Hostess Class C, Llc also recently made the following trade(s):

  • On Thursday, June 8th, Cdm Hostess Class C, Llc sold 376,211 shares of HOSTESS BRANDS stock. The shares were sold at an average price of $16.70, for a total transaction of $6,282,723.70.
  • On Wednesday, April 19th, Cdm Hostess Class C, Llc sold 600,000 shares of HOSTESS BRANDS stock. The shares were sold at an average price of $15.25, for a total transaction of $9,150,000.00.

Shares of HOSTESS BRANDS (NASDAQ:TWNK) traded down 0.62% during midday trading on Friday, reaching $16.12. 1,192,842 shares of the company traded hands. The firm’s market capitalization is $1.60 billion. The stock has a 50 day moving average price of $16.34 and a 200 day moving average price of $15.08. HOSTESS BRANDS has a 1-year low of $9.65 and a 1-year high of $17.18.

HOSTESS BRANDS (NASDAQ:TWNK) last announced its earnings results on Tuesday, May 9th. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by $0.01. The firm had revenue of $184.54 million during the quarter, compared to analysts’ expectations of $181.79 million. During the same quarter last year, the business earned $0.08 EPS. HOSTESS BRANDS’s quarterly revenue was up 15.2% on a year-over-year basis. Analysts expect that HOSTESS BRANDS will post $0.64 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for HOSTESS BRANDS (NASDAQ:TWNK)

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Several hedge funds and other institutional investors have recently made changes to their positions in the stock. First Personal Financial Services acquired a new position in shares of HOSTESS BRANDS during the first quarter worth about $106,000. First Mercantile Trust Co. acquired a new position in shares of HOSTESS BRANDS during the first quarter worth about $141,000. First Trust Bank Ltd. acquired a new position in shares of HOSTESS BRANDS during the first quarter worth about $159,000. Sei Investments Co. acquired a new position in shares of HOSTESS BRANDS during the first quarter worth about $166,000. Finally, KCG Holdings Inc. acquired a new position in shares of HOSTESS BRANDS during the first quarter worth about $187,000. Hedge funds and other institutional investors own 87.38% of the company’s stock.

TWNK has been the topic of several recent analyst reports. Zacks Investment Research upgraded shares of HOSTESS BRANDS from a “sell” rating to a “hold” rating in a research report on Friday, April 14th. Deutsche Bank AG set a $19.00 price objective on shares of HOSTESS BRANDS and gave the company a “buy” rating in a research report on Wednesday, May 10th. Stephens initiated coverage on shares of HOSTESS BRANDS in a research report on Tuesday, May 16th. They set an “overweight” rating and a $20.00 price objective on the stock. Finally, BidaskClub upgraded shares of HOSTESS BRANDS from a “hold” rating to a “buy” rating in a research report on Friday, June 9th. One analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $18.40.

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