ADM - Insider Selling: Suzan Harrison Unloads $319K Of Archer-Daniels Midland Stock | Benzinga
Disclosed on January 4, Suzan Harrison, Director at Archer-Daniels Midland (NYSE:ADM), executed a substantial insider sell as per the latest SEC filing.
What Happened: Harrison's recent move involves selling 4,393 shares of Archer-Daniels Midland. This information is documented in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The total value is $319,478.
During Thursday's morning session, Archer-Daniels Midland shares down by 0.21%, currently priced at $72.98.
Discovering Archer-Daniels Midland: A Closer Look
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.
A Deep Dive into Archer-Daniels Midland's Financials
Decline in Revenue: Over the 3 months period, Archer-Daniels Midland faced challenges, resulting in a decline of approximately -12.11% in revenue growth as of 30 September, 2023. This signifies a reduction in the company's top-line earnings. When compared to others in ...