Archer Daniels Midland Co (NYSE:ADM) VP John P. Stott sold 2,500 shares of the company’s stock in a transaction on Monday, October 8th. The stock was sold at an average price of $52.00, for a total transaction of $130,000.00. Following the completion of the transaction, the vice president now directly owns 32,885 shares of the company’s stock, valued at approximately $1,710,020. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Shares of NYSE:ADM opened at $48.83 on Friday. The company has a quick ratio of 0.91, a current ratio of 1.59 and a debt-to-equity ratio of 0.32. Archer Daniels Midland Co has a 12 month low of $38.59 and a 12 month high of $52.06. The stock has a market capitalization of $28.14 billion, a P/E ratio of 20.09 and a beta of 1.04.

Archer Daniels Midland (NYSE:ADM) last announced its quarterly earnings results on Tuesday, July 31st. The company reported $1.02 EPS for the quarter, beating the Zacks’ consensus estimate of $0.77 by $0.25. Archer Daniels Midland had a net margin of 3.05% and a return on equity of 9.19%. The firm had revenue of $17.07 billion during the quarter, compared to the consensus estimate of $15.48 billion. During the same quarter last year, the firm earned $0.57 EPS. The firm’s revenue for the quarter was up 14.2% compared to the same quarter last year. On average, sell-side analysts forecast that Archer Daniels Midland Co will post 3.43 earnings per share for the current year.

A number of institutional investors have recently bought and sold shares of the stock. Bank of Montreal Can raised its position in Archer Daniels Midland by 78.2% in the 3rd quarter. Bank of Montreal Can now owns 740,408 shares of the company’s stock worth $37,221,000 after purchasing an additional 324,850 shares during the period. Busey Trust CO raised its position in Archer Daniels Midland by 5.2% in the 3rd quarter. Busey Trust CO now owns 27,461 shares of the company’s stock worth $1,380,000 after purchasing an additional 1,353 shares during the period. LFA Lugano Financial Advisors SA purchased a new stake in Archer Daniels Midland in the 3rd quarter worth about $716,000. DNB Asset Management AS raised its position in Archer Daniels Midland by 1.9% in the 3rd quarter. DNB Asset Management AS now owns 84,642 shares of the company’s stock worth $4,255,000 after purchasing an additional 1,601 shares during the period. Finally, Personal Capital Advisors Corp raised its position in Archer Daniels Midland by 4.7% in the 3rd quarter. Personal Capital Advisors Corp now owns 734,520 shares of the company’s stock worth $36,924,000 after purchasing an additional 33,156 shares during the period. 75.83% of the stock is currently owned by institutional investors.

Several research analysts recently weighed in on ADM shares. Zacks Investment Research raised shares of Archer Daniels Midland from a “hold” rating to a “buy” rating and set a $51.00 target price for the company in a report on Wednesday, July 4th. JPMorgan Chase & Co. raised shares of Archer Daniels Midland from an “underweight” rating to a “neutral” rating and increased their price objective for the company from $42.00 to $48.00 in a report on Monday, July 9th. Buckingham Research increased their price objective on shares of Archer Daniels Midland from $53.00 to $57.00 and gave the company a “buy” rating in a report on Wednesday, August 1st. BMO Capital Markets increased their price objective on shares of Archer Daniels Midland from $45.00 to $50.00 and gave the company a “market perform” rating in a report on Wednesday, August 1st. Finally, Morgan Stanley increased their price objective on shares of Archer Daniels Midland from $33.00 to $50.00 and gave the company an “equal weight” rating in a report on Friday, August 3rd. Nine research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Archer Daniels Midland currently has a consensus rating of “Hold” and a consensus price target of $47.62.

Archer Daniels Midland Company Profile

Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities, products, and ingredients in the United States and internationally. It operates through four segments: Carbohydrate Solutions, Nutrition, Oilseeds, and Origination. The company offers oilseeds, corn, wheat, milo, oats, rice, and barley; and structured trade finance, as well as processes wheat into wheat flour.

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Insider Buying and Selling by Quarter for Archer Daniels Midland (NYSE:ADM)

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