Insider Buying: Fresh Del Monte Produce (NYSE:DMC) COO Acquires $358,680.00 in Stock

Fresh Del Monte Produce Inc (NYSE:DMC) COO Mohammed Abbas purchased 12,000 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were acquired at an average price of $29.89 per share, for a total transaction of $358,680.00. Following the purchase, the chief operating officer owned 71,930 shares in the company, valued at $2,149,987.70. The trade was a 20.02% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Fresh Del Monte Produce Stock Down 100.0%

Fresh Del Monte Produce Inc has a 1-year low of $26.47 and a 1-year high of $43.58.

Fresh Del Monte Produce Company Profile

Fresh Del Monte Produce Inc is a vertically integrated producer, distributor and marketer of fresh and prepared food products. Its portfolio includes bananas, pineapples, melons, avocados, berries and other fresh fruits, along with vegetables, fresh-cut produce, juices, snacks and prepared foods. The company sells products under the Del Monte brand and other brands, as well as through private-label and foodservice channels.

Fresh Del Monte manages activities across much of the agricultural supply chain, including growing, sourcing, packing, transporting, marketing and distributing produce.