SunOpta, Inc. (SOY) Director Purchases C$160,000.00 in Stock

SunOpta, Inc. (TSE:SOY) (NASDAQ:STKL) Director Albert Bolles bought 20,000 shares of the stock in a transaction on Friday, May 12th. The stock was purchased at an average cost of C$8.00 per share, with a total value of C$160,000.00.

Shares of SunOpta, Inc. (SOY) traded down 1.98% during mid-day trading on Friday, hitting $12.37. 22,670 shares of the stock traded hands. The company’s market cap is $1.06 billion. The stock has a 50-day moving average of $11.90 and a 200-day moving average of $10.08. SunOpta, Inc. has a 52 week low of $5.08 and a 52 week high of $13.53.

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Several analysts have commented on SOY shares. BMO Capital Markets reaffirmed an “outperform” rating and issued a C$10.00 target price on shares of SunOpta in a research note on Thursday, May 11th. Lake Street Capital reissued a “buy” rating on shares of SunOpta in a research note on Wednesday, May 10th.

SunOpta Company Profile

SunOpta Inc operates businesses focused on a healthy products portfolio. The Company operates through two segments: Global Ingredients and Consumer Products. The Global Ingredients segment aggregates its North American and international raw material sourcing and supply operating segments focused on the procurement, processing and sale of specialty and organic grains, seeds, fruits, grain- and cocoa-based ingredients, and other commodities, which are used in applications serving the natural and organic food industry.

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