Seneca Foods Corp (NASDAQ:SENEA) Chairman Arthur S. Wolcott Purchases 1,000 Shares of Stock

Seneca Foods Corp (NASDAQ:SENEA) Chairman Arthur S. Wolcott purchased 1,000 shares of Seneca Foods stock in a transaction on Monday, November 11th. The stock was purchased at an average price of $35.00 per share, for a total transaction of $35,000.00. Following the completion of the transaction, the chairman now owns 9,551 shares of the company’s stock, valued at $334,285. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

NASDAQ:SENEA traded up $0.24 on Thursday, reaching $36.02. The stock had a trading volume of 224 shares, compared to its average volume of 14,109. Seneca Foods Corp has a 1-year low of $21.97 and a 1-year high of $36.03. The company has a debt-to-equity ratio of 0.79, a current ratio of 2.53 and a quick ratio of 0.52. The stock has a fifty day moving average price of $33.39 and a 200-day moving average price of $28.61.

Large investors have recently added to or reduced their stakes in the business. Invesco Ltd. raised its stake in shares of Seneca Foods by 59.1% in the second quarter. Invesco Ltd. now owns 143,264 shares of the company’s stock worth $3,987,000 after acquiring an additional 53,198 shares during the last quarter. Shufro Rose & Co. LLC raised its stake in shares of Seneca Foods by 36.3% in the second quarter. Shufro Rose & Co. LLC now owns 55,000 shares of the company’s stock worth $1,531,000 after acquiring an additional 14,650 shares during the last quarter. Pacer Advisors Inc. bought a new position in shares of Seneca Foods in the second quarter worth about $239,000. Boenning & Scattergood Inc. bought a new position in shares of Seneca Foods in the third quarter worth about $249,000. Finally, Heritage Investors Management Corp bought a new position in shares of Seneca Foods in the second quarter worth about $215,000. Hedge funds and other institutional investors own 49.16% of the company’s stock.

A number of research firms have commented on SENEA. BidaskClub lowered shares of Seneca Foods from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 6th. TheStreet upgraded shares of Seneca Foods from a “d+” rating to a “c-” rating in a research report on Monday, October 28th.

About Seneca Foods

Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. It offers canned, frozen, and bottled produce; and snack chips and other food products under the private label, as well as under various national and regional brands that the company owns or licenses, including Seneca, Libby's, Aunt Nellie's, READ, Green Valley, Cherryman, and Seneca Farms.

Featured Story: What is quantitative easing?

Receive News & Ratings for Seneca Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seneca Foods and related companies with MarketBeat.com's FREE daily email newsletter.