New insider activity at Fresh Del Monte Produce ( (FDP) ) has taken place on March 8, 2025.
Director Michael Berthelot has recently sold 3,000 shares of Fresh Del Monte Produce stock, amounting to a total value of $90,480.
Recent Updates on FDP stock
Fresh Del Monte Produce’s stock experienced a notable decline of approximately 10% in the last 24 hours, following the release of its Q4 earnings report. Despite reporting strong financial performance in its fresh and value-added products segment, with a 5% increase in net sales and significant debt reduction, the company faced challenges in its banana segment due to lower sales volumes and competitive market pressures. The mixed sentiment from the earnings call, highlighting both growth in certain areas and difficulties in others, contributed to the stock’s decline. Additionally, external factors such as weather-related impacts and potential tariff risks were noted as challenges, affecting investor sentiment.
More about Fresh Del Monte Produce
YTD Price Performance: -7.32%
Average Trading Volume: 352,504
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.44B