Notable Insider Trading: B&G Foods, Inc. $BGS

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B&G Foods, Inc. (NYSE:BGS) insider have most recently took part in a trading activity. On Aug 24, 2017 Wacha Bruce C, EVP of Corp Strategy & Bus Dev bought 315 shares having total worth of $10,014 at the price of $31.79 per share, following the transaction a total of 315 shares owned by Wacha Bruce C.

Shares of B&G Foods, Inc. (NYSE:BGS) traded down 0.96% on Aug 25, 2017, hitting $31. 784,097 shares of the company’s stock traded hands. B&G Foods, Inc. has a 52 week low of $30.54 and a 52 week high of $49.42. The company’s market cap is $3,110 million.

B&G Foods, Inc. (NYSE:BGS) last announced its earnings results on Aug 3, 2017. The company reported 0.41 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.47 by $0.06. The company had revenue of $368 million for the quarter, compared to the consensus estimate of $378 million. During the same quarter in the previous year, the company posted 0.57 earnings per share. The company’s revenue for the quarter was up 20% on a year-over-year basis.

2017-08-03 2017-05-04 2017-02-23 2016-10-27 2016-07-28 2016-04-28 2016-02-25 2015-10-27 2015-07-22 2015-04-23
earnings per share 0.41 0.58 0.29 0.56 0.57 0.65 0.43 0.39 0.34 0.38
Revenue(M) 368.13 417.87 413.66 318.25 306.38 352.98 342.29 213.3 193.65 217.12

B&G Foods Inc., was incorporated in Delaware on November 25, 1996 under the name B Companies Holdings Corp. On August 11, 1997, it changed its name to B&G Foods Holdings Corp. On October 14, 2004, simultaneously with the completion of its initial public offering of EISs, B&G Foods, Inc., its wholly owned subsidiary, was merged with and into it and it was renamed B&G Foods, Inc. B&G Foods manufactures, sells and distributes a branded and shelf-stable food products. Its products include hot cereals, fruit spreads, canned meats and beans, spices, seasonings, marinades, hot sauces, wine vinegar, maple syrup, molasses, salad dressings, Mexican-style sauces, taco shells and kits, salsas, pickles, peppers and other specialty food products. The Ortega brand’s products span the shelf-stable Mexican food segment including taco shells, tortillas, seasonings, dinner kits, taco sauces, peppers, refried beans, salsas and related food products. The Cream of Wheat brand is one of the most trusted and widely recognized brands of hot cereals sold in the United States. The Maple Grove Farms of Vermont brand is a brand of pure maple syrup in the United States. The Bloch & Guggenheimer brand consists of shelf-stable pickles, peppers, relishes, olives and other related specialty items. The Polaner brand is comprised of an array of fruit-based spreads as well as jarred wet spices such as chopped garlic and oregano. The Las Palmas brand includes authentic Mexican enchilada sauce, chili sauce and various pepper products. The B&M brand includes a variety of baked beans and brown bread. Underwood meat spreads include deviled ham, white-meat chicken, barbeque-flavored chicken, white-meat turkey, roast beef and liverwurst. The Emeril’s brand offers pasta sauces, seasonings, cooking stocks, mustards, salsas, pepper sauces and cooking sprays. The Ac’cent brand is as an all-natural flavor enhancer for meat preparation and is generally used on beef, poultry, fish and vegetables. The Grandma’s brand of molasses is a brand of premium-quality molasses sold in the United States. The Regina brand includes vinegars and cooking wines. The Wright’s brand is an all-natural seasoning that reproduces the flavor and aroma of pit smoking in meats, chicken and fish. The Brer Rabbit brand offers mild and full-flavored molasses products and a blackstrap molasses product. The Vermont Maid brand offers maple-flavored syrup under the brand name. Vermont Maid syrup is available in regular, sugar-free and sugar-free butter varieties. The Company sells, markets and distributes its products through a multiple-channel sales, marketing and distribution system to all major U.S. food channels, including sales and shipments to supermarkets, mass merchants, warehouse clubs, wholesalers, food service distributors and direct accounts, specialty food distributors, military commissaries and non-food outlets such as drug store chains and dollar stores. It faces competition in each of its product

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.