Chris Folena Sells 724 Shares of Once Upon A Farm (NYSE:OFRM) Stock

Once Upon A Farm (NYSE:OFRMGet Free Report) CAO Chris Folena sold 724 shares of the stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $18.01, for a total transaction of $13,039.24. Following the transaction, the chief accounting officer directly owned 12,724 shares in the company, valued at approximately $229,159.24. This represents a 5.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Once Upon A Farm Stock Performance

Shares of OFRM opened at $17.31 on Friday. Once Upon A Farm has a fifty-two week low of $14.00 and a fifty-two week high of $27.00. The company has a fifty day moving average of $18.06. The firm has a market cap of $726.97 million and a price-to-earnings ratio of -48.09.

Once Upon A Farm (NYSE:OFRMGet Free Report) last released its quarterly earnings data on Thursday, August 6th. The organic kids food company reported ($0.12) EPS for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.06. The firm had revenue of $85.39 million for the quarter. Equities research analysts anticipate that Once Upon A Farm will post -0.22 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Wall Street Zen downgraded Once Upon A Farm from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. JPMorgan Chase & Co. boosted their target price on Once Upon A Farm from $22.00 to $26.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. TD Cowen dropped their target price on shares of Once Upon A Farm from $26.00 to $18.00 and set a “hold” rating for the company in a research report on Monday, April 20th. Evercore set a $23.00 price target on shares of Once Upon A Farm in a report on Friday, May 8th. Finally, Barclays lifted their price target on shares of Once Upon A Farm from $18.00 to $19.00 and gave the company an “equal weight” rating in a research report on Monday. Five analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $25.88.

View Our Latest Research Report on Once Upon A Farm

Institutional Investors Weigh In On Once Upon A Farm

Several hedge funds and other institutional investors have recently added to or reduced their stakes in OFRM. Bank of New York Mellon Corp acquired a new stake in shares of Once Upon A Farm during the second quarter valued at about $781,000. Lisanti Capital Growth LLC acquired a new position in shares of Once Upon A Farm in the second quarter worth about $1,665,000. Deutsche Bank AG lifted its stake in shares of Once Upon A Farm by 3.0% in the second quarter. Deutsche Bank AG now owns 102,990 shares of the organic kids food company’s stock worth $2,109,000 after acquiring an additional 2,990 shares in the last quarter. Finally, BlackRock Inc. boosted its holdings in Once Upon A Farm by 225.9% in the second quarter. BlackRock Inc. now owns 859,180 shares of the organic kids food company’s stock valued at $17,596,000 after purchasing an additional 595,571 shares during the last quarter.

About Once Upon A Farm

(Get Free Report)

Once Upon A Farm (NYSE: OFRM) is a U.S.-based producer of refrigerated organic foods for infants, toddlers and young children. The company’s product lineup emphasizes cold-pressed, organic purees, blends and smoothies formulated for early childhood nutrition. Its offerings are positioned around whole-food ingredients, limited processing and claims of no artificial preservatives or added sugars, with packaging designed for convenience and on-the-go feeding.

Once Upon A Farm distributes its products through a combination of retail and direct-to-consumer channels, serving customers primarily across the United States.

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