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Director Cashes In on Casey’s General Stock with Multi-Million Dollar Sale

Director Cashes In on Casey’s General Stock with Multi-Million Dollar Sale

New insider activity at Casey’s General ( (CASY) ) has taken place on March 28, 2025.

Director Larree Renda recently sold 4,762 shares of Casey’s General stock, amounting to a significant transaction worth $2,008,992.

Recent Updates on CASY stock

Casey’s General Stores has seen recent positive developments following its Q3 earnings report, which showed stable financial performance with a notable 11.4% increase in EBITDA and strong sales growth both inside and outside the store. Analysts have responded by adjusting price targets, citing the company’s ability to outperform its three-year plan and maintain strong momentum despite challenges such as acquisition-related costs and margin pressures. Wells Fargo raised its price target due to Casey’s solid Q3 performance and optimistic 2025 guidance, while RBC Capital noted the company’s valuation premium, driven by its attractive inside-store mix and successful integration of the Fikes acquisition. The company’s strategic expansion, including a significant increase in store count and fuel sales, has been a key factor in its growth potential, although challenges remain in translating revenue growth into net income due to increased operating expenses.

More about Casey’s General

YTD Price Performance: 7.64%

Average Trading Volume: 308,523

Technical Sentiment Signal: Sell

Current Market Cap: $15.49B

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