ADM - Archer-Daniels Midland Director Sold $321K In Company Stock | Benzinga
It was reported on January 4, that Debra Sandler, Director at Archer-Daniels Midland (NYSE:ADM) executed a significant insider sell, according to an SEC filing.
What Happened: According to a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday, Sandler sold 4,424 shares of Archer-Daniels Midland. The total transaction value is $321,729.
The latest update on Thursday morning shows Archer-Daniels Midland shares down by 0.08%, trading at $73.07.
About Archer-Daniels Midland
Archer-Daniels Midland is a major processor of oilseeds, corn, wheat, and other agricultural commodities. The company is also one of the largest grain merchandisers through its extensive network of logistical assets to store and transport crops around the globe. ADM also runs a nutrition business that focuses on both human and animal ingredients and is a large producer of corn-based sweeteners, starches, and ethanol.
Breaking Down Archer-Daniels Midland's Financial Performance
Revenue Challenges: Archer-Daniels Midland's revenue growth over 3 months faced difficulties. As of 30 September, 2023, the company experienced a decline of approximately -12.11%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than ...