On January 23, 2024, Steven Voskuil, the Senior Vice President and Chief Financial Officer of The Hershey Co., conducted a stock transaction, as revealed in a recent SEC filing. Voskuil sold 1,500 shares of the company at a price of $188.97 per share, resulting in a total sale amount of $283,455.
Over the past year, Voskuil, as an insider, has sold a cumulative total of 9,000 shares of The Hershey Co. without making any stock purchases. Examining the company’s insider transaction history for the same period, there have been 39 insider sells and no insider buys.
On the day of Voskuil’s recent stock sale, The Hershey Co. shares were trading at $188.97, giving the company a market capitalization of $38.713 billion. The stock’s price-earnings ratio stood at 20.42, surpassing the industry median of 18.77 but falling below the company’s historical median price-earnings ratio.
The Hershey Company is a prominent global confectionery leader renowned for spreading delight through its diverse portfolio of chocolates, sweets, mints, and other delectable snacks. With over 80 brands worldwide, Hershey’s generates more than $7.4 billion in annual revenues.
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