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

Seneca Foods Corp (NASDAQ:SENEA) Chairman Arthur S. Wolcott acquired 1,000 shares of Seneca Foods stock in a transaction dated 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 acquisition, the chairman now directly owns 9,551 shares in the company, valued at approximately $334,285. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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NASDAQ SENEA opened at $39.14 on Friday. Seneca Foods Corp has a 12 month low of $21.97 and a 12 month high of $39.07. The company has a current ratio of 2.53, a quick ratio of 0.52 and a debt-to-equity ratio of 0.79. The company’s fifty day moving average price is $34.92 and its two-hundred day moving average price is $29.52.

SENEA has been the topic of a number of analyst reports. BidaskClub lowered shares of Seneca Foods from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 6th. TheStreet upgraded shares of Seneca Foods from a “d+” rating to a “c-” rating in a report on Monday, October 28th.

Several large investors have recently modified their holdings of the business. Public Employees Retirement System of Ohio acquired a new stake in shares of Seneca Foods during the third quarter worth $26,000. Mackay Shields LLC increased its position in shares of Seneca Foods by 22.2% during the third quarter. Mackay Shields LLC now owns 24,767 shares of the company’s stock worth $773,000 after purchasing an additional 4,500 shares in the last quarter. Comerica Bank acquired a new position in shares of Seneca Foods during the third quarter worth $208,000. Rhumbline Advisers increased its position in shares of Seneca Foods by 8.6% during the third quarter. Rhumbline Advisers now owns 22,538 shares of the company’s stock worth $703,000 after purchasing an additional 1,777 shares in the last quarter. Finally, Boenning & Scattergood Inc. acquired a new position in shares of Seneca Foods during the third quarter worth $249,000. 48.97% of the stock is currently owned by institutional investors.

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.

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