New insider activity at Tractor Supply ( (TSCO) ) has taken place on February 14, 2025.
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Colin Yankee, the Executive Vice President and Chief Supply Chain Officer at Tractor Supply, recently executed a significant financial move by selling 24,602 shares of the company’s stock. This transaction brought in a total of $1,332,198, highlighting a notable shift in his investment strategy.
Recent Updates on TSCO stock
In the recent developments surrounding Tractor Supply (TSCO), the company announced a dividend increase and an expansion of its share repurchase program. The board of directors raised the annualized dividend to 92 cents per share for fiscal year 2025 and authorized a $1 billion increase to the share repurchase program, bringing the total to $7.5 billion. Furthermore, the recent earnings call highlighted the company’s record financial performance in 2024, with net sales of nearly $14.9 billion, despite challenges such as modest sales growth and deflation impacts. Tractor Supply’s digital sales surpassed $1.1 billion, and customer engagement metrics improved significantly. However, operating margins declined due to growth investments and fixed cost pressures. Looking forward, Tractor Supply projects a positive outlook for 2025, with plans for further store openings and strategic investments. Despite these achievements, Melius Research lowered its price target for Tractor Supply, citing modest sales growth and deflation impacts as factors affecting future performance expectations.
More about Tractor Supply
YTD Price Performance: 6.66%
Average Trading Volume: 5,296,078
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $29.85B