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Top Executive Sells Thousands in Tractor Supply Stock

Top Executive Sells Thousands in Tractor Supply Stock

New insider activity at Tractor Supply ( (TSCO) ) has taken place on February 25, 2025.

Matthew L. Rubin, the Senior Vice President and General Manager of Petsense, has recently sold 3,850 shares of Tractor Supply stock, amounting to a total value of $222,068.

Recent Updates on TSCO stock

In the last 24 hours, Tractor Supply Company has been in the spotlight due to several key developments. The company announced a 4.5% increase in its annual dividend and a $1 billion increase to its share repurchase program, reflecting confidence in its financial health. Additionally, Tractor Supply’s Q4 earnings report highlighted record financial performance for fiscal year 2024, with net sales reaching $14.9 billion and a record diluted EPS of $2.04. However, challenges such as modest sales growth, deflation impacts, and declining operating margins were noted. Despite these challenges, the company remains optimistic about 2025, projecting strong net sales growth and strategic investments. Melius Research lowered its price target for Tractor Supply, citing these challenges, particularly the modest sales growth and deflation impacts, as reasons for the adjustment.

More about Tractor Supply

YTD Price Performance: 7.62%

Average Trading Volume: 5,342,121

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $29.96B

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