Iridian Asset Management Picked Up Post Holdings Inc. (NYSE:POST) Shares

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

QSI the good stock to buy? Important new development...
CytoDyn Inc. CYDY Stock Price is so consistent, can ...
Guess Who Picked Up Integra Lifesciences Holdings Co...

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Post Holdings Inc. (NYSE:POST) reported that Iridian Asset Management has picked up 3,822,599 of common stock as of 2017-02-02.

The acquisition brings the aggregate amount owned by Iridian Asset Management to a total of 3,822,599 representing a 5.9% stake in the company.

For those not familiar with the company, Post Holdings, Inc. is a consumer packaged goods holding company. The Company operates through four segments, namely, Post Consumer Brands, Michael Foods Group, Active Nutrition and Private Brands. The Company’s Post Consumer Brands segment includes the Post Foods branded ready-to-eat cereal operations and the business of MOM Brands. Its Michael Foods Group segment produces and distributes egg products, refrigerated potato products, cheese and other dairy case products, and pasta products. Its Private Brands segment manufactures and distributes organic and conventional private label peanut butter and other nut butters, baking nuts, raisins and other dried fruit, and trail mixes.

A glance at Post Holdings Inc. (NYSE:POST)’s key stats reveals a current market capitalization of 5.40 billion based on 64.63 million shares outstanding and a price at last close of $83.5 per share.

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

Specifically, on 2016-02-08, Stiritz picked up 20,000 at a purchase price of $63.87. This brings their total holding to 23,091 as of the date of the filing.

On the sell side, the most recent transaction saw Koulouris unload 21,942 shares at a sale price of $85.33. This brings their total holding to 28,334.

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 Post Holdings Inc. (NYSE:POST) 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 :

Eltek Ltd. (NASDAQ:ELTK) Stock Soars 550% In ...
Shares of Eltek Ltd. (NASDAQ:ELTK) are gaining a lot of attention this week as the stock has skyrocketed all the way from
Is HUMBL (HMBL) Stock About To Recover After ...

At the turn of the year, the HUMBL Inc (OTCMKTS:HMBL) stock was one of the biggest gainers among penny stocks but it has

Primecap Management Co/ca/ Picked Up Accuray ...
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Accuray Inc. (NASDAQ:ARAY) reported that Primecap Management Co/ca/ has picked

related post

Skip to content