Insider Selling: Post Holdings, Inc. (NYSE:POST) CEO Sells $582,500.00 in Stock

Post Holdings, Inc. (NYSE:POST) CEO Nicolas Catoggio sold 5,000 shares of the stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $116.50, for a total transaction of $582,500.00. Following the transaction, the chief executive officer now owns 55,501 shares in the company, valued at approximately $6,465,866.50. The trade was a 8.26 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Nicolas Catoggio also recently made the following trade(s):

• On Monday, December 2nd, Nicolas Catoggio sold 6,000 shares of Post stock. The stock was sold at an average price of $121.14, for a total transaction of $726,840.00.

Post Stock Up 1.1 %

POST stock opened at $113.61 on Friday. The firm has a 50 day moving average of $110.35 and a 200 day moving average of $113.03. The stock has a market capitalization of $6.42 billion, a PE ratio of 18.72 and a beta of 0.65. The company has a quick ratio of 1.64, a current ratio of 2.39 and a debt-to-equity ratio of 1.78. Post Holdings, Inc. has a 52 week low of $99.62 and a 52 week high of $125.84.

Post (NYSE:POST) last released its earnings results on Thursday, February 6th. The company reported $1.73 EPS for the quarter, topping analysts’ consensus estimates of $1.49 by $0.24. Post had a net margin of 4.94% and a return on equity of 10.48%. Sell-side analysts forecast that Post Holdings, Inc. will post 6.41 earnings per share for the current year.

Institutional Trading of Post

A number of institutional investors have recently bought and sold shares of POST. Creative Planning boosted its stake in Post by 13.3% in the 3rd quarter. Creative Planning now owns 2,250 shares of the company’s stock worth $260,000 after purchasing an additional 264 shares in the last quarter. Blue Trust Inc. raised its position in Post by 382.1% during the 3rd quarter. Blue Trust Inc. now owns 1,080 shares of the company’s stock worth $125,000 after buying an additional 856 shares during the last quarter. Assenagon Asset Management S.A. purchased a new position in Post during the 3rd quarter worth approximately $2,190,000. Adams Diversified Equity Fund Inc. purchased a new position in Post during the 3rd quarter worth approximately $14,480,000. Finally, New York State Teachers Retirement System raised its position in Post by 1.2% during the 3rd quarter. New York State Teachers Retirement System now owns 65,742 shares of the company’s stock worth $7,610,000 after buying an additional 811 shares during the last quarter. 94.85% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

POST has been the topic of a number of recent analyst reports. Piper Sandler raised their price target on shares of Post from $120.00 to $140.00 and gave the company an “overweight” rating in a report on Monday, February 10th. Wells Fargo & Company raised their price target on shares of Post from $116.00 to $122.00 and gave the company an “equal weight” rating in a report on Monday, February 10th. Finally, Evercore ISI raised their price target on shares of Post from $123.00 to $126.00 and gave the company an “outperform” rating in a report on Monday, November 18th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $127.17.

About Post

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through four segments: Post Consumer Brands, Weetabix, Foodservice, and Refrigerated Retail. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereals under Honey Bunches of Oats, Pebbles, and Malt-O-Meal brand names; hot cereal; peanut butter under the Peter Pan brand; and branded and private label dog and cat food products under Rachael Ray Nutrish, Nature's Recipe, 9Lives, Kibbles 'n Bits and Gravy Train brand names.