Guess Who Picked Up Hostess Brands, Inc. (NASDAQ:TWNK) Shares

twnk
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC),...
Stay Ahead of the
Stock Market Game!
Subscribe to Small Cap
Exclusive for more

trending

1globe Capital Llc. Picked Up Exelixis Inc. (NASDAQ:...
Guess Who Picked Htg Molecular Diagnostics Inc (NASD...
BTTX Stock Price is so consistent, can it go higher?

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Hostess Brands, Inc. (NASDAQ:TWNK) reported that Hostess Cdm Co-invest, Llc. has picked up 32,604,988 of common stock as of 2017-04-24.

The acquisition brings the aggregate amount owned by Hostess Cdm Co-invest, Llc. to a total of 32,604,988 representing less than 25.0% stake in the company.

For those not familiar with the company, Hostess is one of the largest packaged food companies focused on developing, manufacturing, marketing, selling and distributing fresh baked sweet goods in the United States. The brand’s history dates back to 1919, when the Hostess CupCake was introduced to the public, followed by Twinkies® in 1930. Today, Hostess produces a variety of new and classic treats including Ding Dongs®, Ho Hos®, Donettes® and Fruit Pies, in addition to Twinkies® and CupCakes.

A glance at Hostess Brands, Inc. (NASDAQ:TWNK)’s key stats reveals a current market capitalization of 1.59 Billion based on 99.29 Million shares outstanding and a price at last close of $16.25 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2016-12-02 Defeo picked up 5,000 at a purchase price of $12.60. This brings their total holding to 7,000 as of the date of the filing.

On the sell side, the most recent transaction saw Gores unload 1,000,000 shares at a sale price of $15.25. This brings their total holding to 17,633,929.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Hostess Brands, Inc. (NASDAQ:TWNK) as things move forward to see if its progress aligns with these transactions.

Subscribe below and we’ll keep you on top of what’s happening before it moves markets.

 

 

 

Stay in the lopp :

Marijuana Company of America MCOA Intro

Marijuana Company of America MCOA is looking very interesting, take a look!

MCOA
<!--
Here's Who Just Picked Up Ecology & Envir...
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Ecology & Environment Inc. (NASDAQ:EEI) reported that Mill Road Capital
International Isotopes Inc. (OTCBB:INIS) is A...
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), International Isotopes Inc. (OTCBB:INIS) reported that Kennerman Associates, Inc. has picked

related post

Skip to content