Chris Folena Sells 662 Shares of Once Upon A Farm (NYSE:OFRM) Stock

Once Upon A Farm (NYSE:OFRMGet Free Report) CAO Chris Folena sold 662 shares of the stock in a transaction on Monday, September 14th. The stock was sold at an average price of $16.98, for a total value of $11,240.76. Following the completion of the sale, the chief accounting officer owned 12,062 shares in the company, valued at approximately $204,812.76. The trade was a 5.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Chris Folena also recently made the following trade(s):

  • On Monday, August 10th, Chris Folena sold 724 shares of Once Upon A Farm stock. The stock was sold at an average price of $18.01, for a total value of $13,039.24.

Once Upon A Farm Trading Up 1.0%

Shares of OFRM opened at $16.52 on Friday. The firm has a fifty day moving average price of $16.99 and a 200-day moving average price of $17.22. The firm has a market capitalization of $693.63 million and a P/E ratio of -45.89. Once Upon A Farm has a 12-month low of $14.00 and a 12-month high of $27.00.

Once Upon A Farm (NYSE:OFRMGet Free Report) last posted its quarterly earnings results on Thursday, August 6th. The organic kids food company reported ($0.12) EPS for the quarter, topping the consensus estimate of ($0.18) by $0.06. The company had revenue of $85.39 million during the quarter. Analysts predict that Once Upon A Farm will post -0.22 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. JPMorgan Chase & Co. raised their target price on shares of Once Upon A Farm from $22.00 to $26.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Weiss Ratings upgraded Once Upon A Farm from a “sell (e-)” rating to a “sell (e)” rating in a report on Wednesday, August 12th. Finally, Barclays increased their price objective on Once Upon A Farm from $18.00 to $19.00 and gave the stock an “equal weight” rating in a research note on Monday, August 10th. Five equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Once Upon A Farm presently has a consensus rating of “Hold” and a consensus price target of $25.88.

Read Our Latest Stock Analysis on Once Upon A Farm

Institutional Trading of Once Upon A Farm

A number of hedge funds have recently added to or reduced their stakes in the business. Alyeska Investment Group L.P. purchased a new stake in shares of Once Upon A Farm in the 2nd quarter worth approximately $10,240,000. Public Employees Retirement System of Ohio boosted its stake in shares of Once Upon A Farm by 18.6% during the second quarter. Public Employees Retirement System of Ohio now owns 86,967 shares of the organic kids food company’s stock valued at $1,781,000 after purchasing an additional 13,611 shares in the last quarter. Jupiter Topco LLC purchased a new position in Once Upon A Farm during the second quarter valued at approximately $9,468,000. Nicholas Investment Partners LP increased its holdings in Once Upon A Farm by 271.9% during the second quarter. Nicholas Investment Partners LP now owns 784,166 shares of the organic kids food company’s stock valued at $16,060,000 after buying an additional 573,285 shares during the period. Finally, Lisanti Capital Growth LLC bought a new position in Once Upon A Farm in the second quarter worth approximately $1,665,000.

Once Upon A Farm Company Profile

(Get Free Report)

Once Upon a Farm is a food and nutrition company focused on organic, refrigerated products for babies, children and families. Its product portfolio includes fresh baby food pouches, toddler meals, kids’ smoothies, applesauce and other fruit- and vegetable-based snacks made with minimally processed ingredients.

The company was founded in 2015 by Cassandra Curtis, Ari Raz and John Foraker, with actress and entrepreneur Jennifer Garner later joining as a co-founder and brand ambassador. Once Upon a Farm markets its products as convenient alternatives to shelf-stable baby and children’s foods, emphasizing organic ingredients, recognizable recipes and refrigerated freshness.

Once Upon a Farm serves customers primarily in the United States through grocery stores, mass retailers, specialty food retailers and direct-to-consumer channels.

Recommended Stories

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