SYSCO Corporation (NYSE:SYY) exchanged hands 6,465,988 shares versus average trading capacity of 3.67M shares, while its relative trading volume is 1.80. SYSCO Corporation (NYSE:SYY)’s total market worth is $28.60B along with 546.93M outstanding shares.
Insiders has most recently took part in a trading activity, Delaney William J III, Chief Executive Officer of the company in a transaction that occurred 1/18/2017 sold 30,000 shares of the stock. The stock was sold at a price of $54.96, for a total value of $1,648,800. Subsequent to the transaction Delaney William J III owned a total of 376,725 shares of the stock.
In a separate transaction on 1/17/2017, Libby Russell T., Executive Vice President sold 8,884 shares of the stock. The stock was sold at a price of $54.79, for a total worth of $486,754. Succeeding to the transaction Libby Russell T. owned overall 66,684 shares of the stock.
Moreover, Libby Russell T., Executive Vice President sold 13,333 shares of the stock in a reserved transaction that ensued on 1/17/2017. At a price of $54.99, the stock was sold for an entire value of $733,182. Consequent to the transaction Libby Russell T. owned a total of 66,684 shares of the stock.
Currently, 0.30% shares of SYSCO Corporation (NYSE:SYY) are owned by insiders with -26.32% six-month change in the insider ownership. The insider filler data counts the number of monthly positions over 3 month and 12 month time spans. For SYSCO Corporation (NYSE:SYY) total 72 number of trades held during last 3 months and 142 during last 12 months, out of them 28 numbers of buys held in last 3 months and 71 buys in last 12 months. Whereas 44 numbers of sells held in last 3 months and 71 sells over the past 12 months.
For the duration of last three months SYSCO Corporation (NYSE:SYY)’s total number of shares bought are 9,645,165 and sold 10,022,794 from a total of 19,667,959 traded shares. During last twelve months 11,062,358 number of shares bought and 10,700,300 sold from a total of 21,762,658 shares traded. A net activity of 377,629 took place in the course of three months, while 362,058 during last twelve months. Insider trading information is derived from Forms 3 and 4 filings are filed with the U.S. Securities and Exchange Commission (SEC).
SYSCO Corporation (NYSE:SYY) ended last trading session at the price of $53.62 whereas a number of traders indicating mean target price will hit $54.38 over the next twelve months, mean value of price target most recently revised on 01/18/17. SYSCO Corporation (NYSE:SYY)’s highest estimates of price target are $60.00 and low forecast is $47.00 based on the opinion of 12 analysts. The price target estimates represents a standard deviation of 3.85. However brokerage recommendations suggests an ABR of 2.33 based on calls of 10 experts.
SYSCO Corporation (NYSE:SYY) is expected to release the earnings of its current quarter on 2/6/17 Before Market Open. The company is expected to release $0.54 EPS during current quarter according to 13 analysts whereas the company reported $0.45 EPS during same quarter a year ago. For the current quarter the stock has a lowest EPS estimates of $0.51 and high estimate of $0.58. SYSCO Corporation (NYSE:SYY)’s average revenue estimates for the current quarter are $13.54B according to 11 number of analysts. However its lowest revenue estimates are $13.38B and highest revenue estimates are $13.85B. A year ago the company’s sales were $12.15B. Its yearly sales growth estimates are 11.40%. Past 5 years growth of SYSCO Corporation (NYSE:SYY) observed at 2.75%, and for the next five years the analysts that follow this company are expecting its growth at 10.83%.