Tyson Foods, Inc. (NYSE:TSN) produced a 60.68% rally since recording the worst price of $49.77. Thanks to the latest -1.05% decrease, it now trades at $79.97. Throughout the trading on 6/25/2019, the share price floated between $77.38 and $83.15. This company shares are 6.39% off its target price of $85.08 and the current market capitalization stands at $28.93B. The recent change has given its price a 2.43% lead over SMA 50 and -5.14% deficit over its 52-week high. The stock witnessed -1.83% declines, 17.86% gains and 54.59% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found TSN’s volatility during a week at 3.73% and during a month it has been found around 2.69%.
What Does Tyson Foods, Inc. (TSN) Do?
The company describes itself in regulatory filings as, “Tyson Foods, Inc. engages in the production of processed food. It operates through the following segments: Chicken, Beef, Pork, and Prepared Foods. The Chicken segment involves in domestic operations related to raising and processing live chickens into fresh, frozen, and value-added chicken products, as well as sales from allied products. The Beef segment includes operations related to processing live fed cattle and fabricating dressed beef carcasses into primal and sub-primal meat cuts and case-ready products. The Pork segment comprises operations related to processing live market hogs and fabricating pork carcasses into primal and sub-primal cuts and case-ready products. The Prepared Foods segment manufactures and markets frozen and refrigerated food products and logistic operations to move products through the supply chain. The company was founded by John W. Tyson in 1935 and is headquartered in Springdale, AR.” [Text can be found here: https://www.marketwatch.com/investing/stock/TSN/profile under company description.]Tyson Foods, Inc. (TSN) Top Holders
Institutional investors currently hold around $20.75 billion or 90.2% in TSN stock. Look at its top three institutional owners: Price T Rowe Associates Inc /Md/ owns $3.04 billion in Tyson Foods, Inc., which represents roughly 10.52% of the company’s market cap and approximately 14.66% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 27,143,279 shares of the stock are valued at $2.19 billion. The third largest holder is Blackrock Inc., which currently holds $1.62 billion worth of this stock and that ownership represents nearly 5.6% of its market capitalization.
At the end of March reporting period, 387 institutional holders increased their position in Tyson Foods, Inc. (NYSE:TSN) by some 27,286,272 shares, 327 decreased positions by 26,947,675 and 76 held positions by 202,531,643. That puts total institutional holdings at 256,765,590 shares, according to SEC filings. The stock grabbed 109 new institutional investments totaling 11,658,096 shares while 86 institutional investors sold out their entire positions totaling 5,743,355 shares.Tyson Foods, Inc. (NYSE:TSN) Insider Trades
Multiple company employees have indulged in significant insider trading. Tyson Foods, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Group President Fresh Meats Stouffer Stephen R has sold 12,000 shares of Tyson Foods, Inc. (TSN) in the trading session dated May. 16, 2019. These shares are worth $996,240 and were traded at $83.02 each. The SEC filing shows that Ramsey Douglas Wayne performed a sale of 21,166 shares. The Group President McDonnalds disposed these shares by way of transaction on May. 14, 2019. The company’s shares were given away at $81.79 per share worth to an income of some $1,731,167 to the account of Ramsey Douglas Wayne.
EVP & Chief HR Officer, Oleksiuk Mary, sold 44,967 common shares of Tyson Foods, Inc. (TSN) in the open market. In a transaction dated May. 08, 2019, the shares were put up for sale at an average price of $77.09, raking in a sum of $3,466,506. After this sale, 86,001 common shares of TSN are directly owned by the insider, with total stake valued at $6,877,527.
In the transaction dated May. 07, 2019, a great number of shares sold came courtesy the Group President Poultry; Martin Chad Roderick disposed a total of 6,300 shares at an average price of $77.24, amounting to approximately $486,612. The insider now directly owns 22,875 shares worth $1,829,324.Tyson Foods, Inc. (TSN) Analyst Guide
Several analysts have released their opinion on Tyson Foods, Inc. (NYSE:TSN), with 4 analysts believing it is a strong buy. Whereas 2 of them predict the stock is a hold. Also, there are 7 buy, 0 sell and 1 strong sell ratings, collectively assigning a 2.07 average brokerage recommendation [T1].