Whitewave Foods Company (The) (WWAV) has risen sharply, recording gains of 22.38% in the past 4 weeks. However, the stock has corrected -1.32% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 17.25% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has recorded a 20-day Moving Average of 14.07% and the 50-Day Moving Average is 21.09%.
Whitewave Foods Company (The) (NYSE:WWAV): The stock opened at $56.03 on Friday but the bulls could not build on the opening and the stock topped out at $56.15 for the day. The stock traded down to $55.86 during the day, due to lack of any buying support eventually closed down at $55.89 with a loss of -0.20% for the day. The stock had closed at $56.00 on the previous day. The total traded volume was 3,355,272 shares.
The company Insiders own 6.2% of Whitewave Foods Company (The) shares according to the proxy statements. Institutional Investors own 84.83% of Whitewave Foods Company (The) shares. During last six month period, the net percent change held by insiders has seen a change of -2.26%. In a related news,The director officer (Chairman and CEO) of Whitewave Foods Co, Engles Gregg L sold 25,000 shares at $40.22 on March 3, 2016. The Insider selling transaction had a total value worth of $1,005,500. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
The WhiteWave Foods Company is a consumer packaged food and beverage company. The Company manufactures, markets, distributes and sells branded plant-based foods and beverages, coffee creamers and beverages, dairy products and organic produce across North America and Europe. Its segments include Americas Foods & Beverages, Americas Fresh Foods and Europe Foods & Beverages. It is engaged in the manufacturing, marketing, distribution and sale of plant-based beverages in China. In North America, it distributes the brands, including Silk and So Delicious plant-based foods and beverages; International Delight and LAND O LAKES coffee creamers and beverages; Horizon Organic dairy products, and Earthbound Farm organic salads, fruits and vegetables. Its plant-based foods and beverages brands in Europe include Alpro and Provamel. It sells its plant-based beverages in China under the Silk ZhiPuMoFang brand. In addition, it also offers the Vega brand, which includes plant-based nutrition products.