Insider Sell: Mary Cloyd Sells 1,340 Shares of Fresh Del Monte Produce Inc (FDP)

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Nov 23, 2024
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On November 20, 2024, Mary Cloyd, Director at Fresh Del Monte Produce Inc (FDP, Financial), sold 1,340 shares of the company. Following this transaction, the insider now owns 20,848 shares of the company. The transaction details can be found in the SEC Filing. Fresh Del Monte Produce Inc (FDP) is a global producer, marketer, and distributor of fresh and fresh-cut fruit and vegetables, as well as a leading producer and distributor of prepared fruit and vegetables, juices, beverages, and snacks in Europe, Africa, and the Middle East. The company sources its products from company-owned farms and independent growers and operates a worldwide network of distribution centers. 1860112265026629632.png Over the past year, Mary Cloyd has sold a total of 3,029 shares and has not purchased any shares. The insider transaction history for Fresh Del Monte Produce Inc shows that there have been 2 insider buys and 18 insider sells over the past year. 1860112323612667904.png On the day of the recent sale, shares of Fresh Del Monte Produce Inc were trading at $33.60, giving the stock a market cap of $1.62 billion. The company's price-earnings ratio stands at 102.42, which is higher than the industry median of 17.695 and also higher than the company’s historical median price-earnings ratio. With a trading price of $33.60 and a GF Value of $26.03, Fresh Del Monte Produce Inc has a price-to-GF-Value ratio of 1.29, indicating that the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.

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