SunOpta, Inc. $STKL Shares Purchased by First Dallas Securities Inc.

First Dallas Securities Inc. raised its position in SunOpta, Inc. (NASDAQ:STKL) (TSE:SOY) by 42.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 67,000 shares of the company’s stock after buying an additional 20,000 shares during the period. First Dallas Securities Inc. owned approximately 0.06% of SunOpta worth $326,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. EP Wealth Advisors LLC lifted its stake in shares of SunOpta by 18.7% in the fourth quarter. EP Wealth Advisors LLC now owns 14,730 shares of the company’s stock worth $113,000 after acquiring an additional 2,316 shares in the last quarter. State of Wyoming purchased a new stake in SunOpta during the 1st quarter worth approximately $81,000. Algert Global LLC acquired a new position in shares of SunOpta in the 4th quarter valued at approximately $141,000. PharVision Advisers LLC purchased a new position in shares of SunOpta during the 4th quarter valued at approximately $153,000. Finally, Ameriprise Financial Inc. boosted its stake in shares of SunOpta by 100.3% during the 4th quarter. Ameriprise Financial Inc. now owns 24,741 shares of the company’s stock valued at $191,000 after buying an additional 12,391 shares during the last quarter. 85.39% of the stock is currently owned by institutional investors and hedge funds.

SunOpta Stock Up 2.5%

Shares of NASDAQ:STKL opened at $6.59 on Monday. The company has a current ratio of 0.96, a quick ratio of 0.39 and a debt-to-equity ratio of 1.46. The company has a fifty day simple moving average of $6.20 and a 200 day simple moving average of $5.65. The firm has a market cap of $778.87 million, a PE ratio of -109.83 and a beta of 1.35. SunOpta, Inc. has a 12-month low of $3.64 and a 12-month high of $8.11.

SunOpta (NASDAQ:STKL) (TSE:SOY) last posted its quarterly earnings data on Wednesday, August 6th. The company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.02. The firm had revenue of $191.49 million for the quarter, compared to the consensus estimate of $185.36 million. SunOpta had a negative net margin of 0.66% and a positive return on equity of 12.82%. On average, equities research analysts anticipate that SunOpta, Inc. will post 0.13 EPS for the current fiscal year.

Insider Activity at SunOpta

In other news, CEO Brian W. Kocher purchased 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 10th. The stock was acquired at an average cost of $5.72 per share, for a total transaction of $57,200.00. Following the completion of the purchase, the chief executive officer owned 10,000 shares of the company’s stock, valued at approximately $57,200. This trade represents a ? 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 the SEC website. Insiders own 1.90% of the company’s stock.

SunOpta Company Profile

SunOpta Inc engages in manufacture and sale of plant-based and fruit-based food and beverage products in the United States, Canada, and internationally. The company provides plant-based beverages utilizing oat, almond, soy, coconut, rice, hemp, and other bases under the Dream and West Life brands; oat-based creamers under the SOWN brand; ready-to-drink protein shakes; and nut, grain, seed, and legume based beverages; packaged teas and concentrates; and meat and vegetable broths and stocks.