Tyson Foods, Inc. (NYSE:TSN) Insider Wes Morris Sells 25,080 Shares

Tyson Foods, Inc. (NYSE:TSN) insider Wes Morris sold 25,080 shares of the business’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $64.71, for a total transaction of $1,622,926.80. Following the completion of the transaction, the insider now owns 10,625 shares of the company’s stock, valued at approximately $687,543.75. This represents a 70.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Wes Morris also recently made the following trade(s):

• On Wednesday, November 13th, Wes Morris sold 22,783 shares of Tyson Foods stock. The shares were sold at an average price of $62.71, for a total transaction of $1,428,721.93.

Tyson Foods Price Performance

Tyson Foods stock opened at $62.92 on Wednesday. The company has a fifty day simple moving average of $60.01 and a 200-day simple moving average of $59.77. The firm has a market capitalization of $22.39 billion, a price-to-earnings ratio of 27.96, a PEG ratio of 0.97 and a beta of 0.78. The company has a quick ratio of 0.95, a current ratio of 2.04 and a debt-to-equity ratio of 0.52. Tyson Foods, Inc. has a 52-week low of $46.51 and a 52-week high of $66.88.

Institutional Trading of Tyson Foods

Several large investors have recently bought and sold shares of the business. Acadian Asset Management LLC grew its position in shares of Tyson Foods by 1,978.9% in the first quarter. Acadian Asset Management LLC now owns 11,912 shares of the company’s stock valued at $698,000 after purchasing an additional 11,339 shares in the last quarter. O Shaughnessy Asset Management LLC raised its holdings in shares of Tyson Foods by 127.0% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 14,287 shares of the company’s stock worth $839,000 after acquiring an additional 7,992 shares during the period. Seven Eight Capital LP purchased a new position in shares of Tyson Foods during the 1st quarter worth $775,000. UniSuper Management Pty Ltd boosted its position in shares of Tyson Foods by 501.1% during the 1st quarter. UniSuper Management Pty Ltd now owns 20,396 shares of the company’s stock valued at $1,198,000 after acquiring an additional 17,003 shares during the last quarter. Finally, National Bank of Canada FI grew its holdings in shares of Tyson Foods by 138.7% in the first quarter. National Bank of Canada FI now owns 579,079 shares of the company’s stock valued at $34,542,000 after purchasing an additional 336,487 shares during the period. Hedge funds and other institutional investors own 67.00% of the company’s stock.

Analysts Set New Price Targets

TSN has been the subject of several recent analyst reports. BMO Capital Markets lifted their price target on Tyson Foods from $60.00 to $62.00 and gave the company a “market perform” rating in a research note on Wednesday, November 13th. Stephens boosted their price objective on Tyson Foods from $57.00 to $60.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 13th. Citigroup decreased their target price on Tyson Foods from $63.00 to $60.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 9th. StockNews.com raised shares of Tyson Foods from a “hold” rating to a “buy” rating in a report on Tuesday, August 6th. Finally, Barclays increased their price objective on shares of Tyson Foods from $72.00 to $76.00 and gave the company an “overweight” rating in a report on Monday, September 9th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $60.67.

About Tyson Foods

Tyson Foods, Inc, together with its subsidiaries, operates as a food company worldwide. It operates through four segments: Beef, Pork, Chicken, and Prepared Foods. The company processes live fed cattle and hogs; fabricates dressed beef and pork carcasses into primal and sub-primal meat cuts, as well as case ready beef and pork, and fully cooked meats; raises and processes chickens into fresh, frozen, and value-added chicken products, including breaded chicken strips, nuggets, patties, and other ready-to-fix or fully cooked chicken parts; and supplies poultry breeding stock.