Cdm Hostess Class C, Llc Sells 25,752 Shares of Hostess Brands, Inc. (NASDAQ:TWNK) Stock

Hostess Brands, Inc. (NASDAQ:TWNK) insider Cdm Hostess Class C, Llc sold 25,752 shares of the company’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $15.30, for a total transaction of $394,005.60. Following the completion of the transaction, the insider now owns 25,752 shares in the company, valued at approximately $394,005.60. The sale was disclosed in a legal filing with the SEC, which is available through this link.

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

  • On Monday, December 18th, Cdm Hostess Class C, Llc sold 31,685 shares of Hostess Brands stock. The shares were sold at an average price of $15.30, for a total transaction of $484,780.50.

Hostess Brands, Inc. (NASDAQ:TWNK) opened at $14.85 on Friday. Hostess Brands, Inc. has a 52-week low of $11.00 and a 52-week high of $17.18. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.88 and a current ratio of 2.18.

Hostess Brands (NASDAQ:TWNK) last released its earnings results on Wednesday, November 8th. The company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.01. Hostess Brands had a return on equity of 1.16% and a net margin of 2.58%. The business had revenue of $192.30 million during the quarter, compared to the consensus estimate of $198.42 million. The firm’s revenue for the quarter was down 2.0% on a year-over-year basis. equities research analysts predict that Hostess Brands, Inc. will post 0.61 earnings per share for the current fiscal year.

Several equities analysts have issued reports on TWNK shares. Royal Bank of Canada reissued a “buy” rating and issued a $16.00 target price on shares of Hostess Brands in a report on Wednesday, October 25th. SunTrust Banks increased their target price on shares of Hostess Brands to $20.00 and gave the stock a “buy” rating in a report on Monday, December 18th. They noted that the move was a valuation call. Morgan Stanley reduced their target price on shares of Hostess Brands from $14.00 to $12.00 and set an “equal weight” rating for the company in a report on Thursday, November 9th. Zacks Investment Research lowered shares of Hostess Brands from a “buy” rating to a “hold” rating in a report on Wednesday, November 15th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Hostess Brands in a report on Wednesday, October 11th. They set a “neutral” rating and a $15.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. Hostess Brands currently has a consensus rating of “Buy” and a consensus price target of $16.89.

Institutional investors have recently made changes to their positions in the company. Ameritas Investment Partners Inc. purchased a new position in shares of Hostess Brands during the second quarter valued at $113,000. BNP Paribas Arbitrage SA increased its stake in shares of Hostess Brands by 896.1% during the second quarter. BNP Paribas Arbitrage SA now owns 9,881 shares of the company’s stock valued at $159,000 after buying an additional 8,889 shares during the period. Amalgamated Bank purchased a new position in shares of Hostess Brands during the second quarter valued at $170,000. Segall Bryant & Hamill LLC purchased a new position in shares of Hostess Brands during the third quarter valued at $150,000. Finally, JPMorgan Chase & Co. increased its stake in shares of Hostess Brands by 340.8% during the third quarter. JPMorgan Chase & Co. now owns 11,782 shares of the company’s stock valued at $161,000 after buying an additional 9,109 shares during the period. Hedge funds and other institutional investors own 78.60% of the company’s stock.

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Hostess Brands Company Profile

Hostess Brands, Inc, a packaged food company, focuses on developing, manufacturing, marketing, selling, and distributing fresh sweet baked goods in the United States. The company operates in two segments, Sweet Baked Goods and Other. Its principal product lines include Twinkies, Zingers, Donettes, coffee cakes, cupcakes, cinnamon rolls, Ding Dongs, honey buns, fruit pies, Sno Balls, mini muffins, Chocodiles, Ho Hos, brownies, Suzy Qs, bread and buns, danishes, jumbo muffins, iced cookies, eclairs, and madeleines.

Insider Buying and Selling by Quarter for Hostess Brands (NASDAQ:TWNK)

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