Bunge Global SA (NYSE:BG – Get Free Report) Director Christopher Mahoney acquired 5,000 shares of Bunge Global stock in a transaction on Friday, July 31st. The shares were purchased at an average price of $105.53 per share, with a total value of $527,650.00. Following the completion of the purchase, the director owned 13,320 shares in the company, valued at $1,405,659.60. This represents a 60.10% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Christopher Mahoney also recently made the following trade(s):
- On Tuesday, August 4th, Christopher Mahoney purchased 1,500 shares of Bunge Global stock. The shares were purchased at an average price of $107.60 per share, for a total transaction of $161,400.00.
Bunge Global Price Performance
Shares of BG opened at $106.56 on Wednesday. The company has a market capitalization of $20.47 billion, a P/E ratio of 20.69 and a beta of 0.65. The company has a quick ratio of 0.64, a current ratio of 1.57 and a debt-to-equity ratio of 0.54. The firm has a 50 day moving average of $116.85 and a 200 day moving average of $119.75. Bunge Global SA has a twelve month low of $76.01 and a twelve month high of $134.87.
Analyst Ratings Changes
Several equities research analysts recently commented on the company. Zacks Research raised Bunge Global from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 28th. Barclays upped their target price on shares of Bunge Global from $145.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bunge Global in a report on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $132.67.
Read Our Latest Analysis on BG
Institutional Trading of Bunge Global
Several large investors have recently modified their holdings of BG. United Services Automobile Association bought a new stake in shares of Bunge Global during the 1st quarter valued at about $223,000. Woodline Partners LP lifted its stake in shares of Bunge Global by 34.5% in the 1st quarter. Woodline Partners LP now owns 11,278 shares of the basic materials company’s stock worth $862,000 after purchasing an additional 2,893 shares during the period. Focus Partners Wealth boosted its holdings in shares of Bunge Global by 16.7% in the first quarter. Focus Partners Wealth now owns 4,046 shares of the basic materials company’s stock worth $309,000 after buying an additional 580 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of Bunge Global by 118.8% in the second quarter. EverSource Wealth Advisors LLC now owns 910 shares of the basic materials company’s stock worth $73,000 after buying an additional 494 shares during the last quarter. Finally, Baird Financial Group Inc. grew its position in Bunge Global by 1.1% during the second quarter. Baird Financial Group Inc. now owns 23,760 shares of the basic materials company’s stock valued at $1,907,000 after buying an additional 263 shares during the period. Institutional investors own 86.23% of the company’s stock.
About Bunge Global
Bunge Global is a leading agribusiness and food company that processes oilseeds and grains, produces sugar and bioenergy, and supplies fertilizers and other agricultural inputs. The company operates an integrated value chain that spans origination, processing, and distribution, enabling it to serve food processors, livestock producers, and retail customers worldwide. Through its network of processing plants, port terminals and logistics assets, Bunge handles a diverse portfolio of commodities, including soybeans, corn, wheat, vegetable oils, and sugarcane.
The company’s core business activities are organized into agribusiness and food & ingredients segments.
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