Phibro Animal Health Corporation (NASDAQ:PAHC – Get Free Report) CEO Jack Bendheim sold 7,040 shares of the stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $52.76, for a total value of $371,430.40. Following the completion of the sale, the chief executive officer directly owned 74,760 shares of the company’s stock, valued at approximately $3,944,337.60. The trade was a 8.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Jack Bendheim also recently made the following trade(s):
- On Tuesday, April 28th, Jack Bendheim sold 7,040 shares of Phibro Animal Health stock. The shares were sold at an average price of $55.91, for a total value of $393,606.40.
- On Wednesday, April 22nd, Jack Bendheim sold 7,040 shares of Phibro Animal Health stock. The shares were sold at an average price of $54.29, for a total value of $382,201.60.
- On Thursday, April 16th, Jack Bendheim sold 7,040 shares of Phibro Animal Health stock. The shares were sold at an average price of $54.64, for a total value of $384,665.60.
- On Tuesday, April 14th, Jack Bendheim sold 7,040 shares of Phibro Animal Health stock. The shares were sold at an average price of $59.08, for a total value of $415,923.20.
- On Thursday, March 19th, Jack Bendheim sold 7,040 shares of Phibro Animal Health stock. The shares were sold at an average price of $52.52, for a total value of $369,740.80.
- On Wednesday, March 18th, Jack Bendheim sold 10,560 shares of Phibro Animal Health stock. The shares were sold at an average price of $52.68, for a total value of $556,300.80.
- On Tuesday, March 17th, Jack Bendheim sold 5,280 shares of Phibro Animal Health stock. The shares were sold at an average price of $51.66, for a total value of $272,764.80.
- On Friday, March 13th, Jack Bendheim sold 5,280 shares of Phibro Animal Health stock. The shares were sold at an average price of $48.91, for a total value of $258,244.80.
- On Thursday, February 26th, Jack Bendheim sold 7,040 shares of Phibro Animal Health stock. The shares were sold at an average price of $53.73, for a total value of $378,259.20.
- On Tuesday, February 24th, Jack Bendheim sold 7,040 shares of Phibro Animal Health stock. The shares were sold at an average price of $51.37, for a total value of $361,644.80.
Phibro Animal Health Trading Up 1.3%
Shares of PAHC stock opened at $53.18 on Friday. The stock has a market cap of $2.16 billion, a price-to-earnings ratio of 23.64, a PEG ratio of 0.81 and a beta of 0.69. The stock has a 50-day moving average of $53.86 and a 200-day moving average of $46.10. The company has a current ratio of 3.05, a quick ratio of 1.22 and a debt-to-equity ratio of 2.14. Phibro Animal Health Corporation has a 1-year low of $18.33 and a 1-year high of $60.08.
Phibro Animal Health Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 25th. Investors of record on Wednesday, March 4th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, March 4th. This represents a $0.48 annualized dividend and a yield of 0.9%. Phibro Animal Health’s dividend payout ratio (DPR) is currently 21.33%.
Key Headlines Impacting Phibro Animal Health
Here are the key news stories impacting Phibro Animal Health this week:
- Positive Sentiment: Phibro amended and expanded its revolving credit facility commitment on April 28, improving liquidity and financial flexibility—an item investors typically view as reducing refinancing risk and supporting growth/capital allocation. Phibro Animal Health Expands Revolving Credit Facility Commitment
- Neutral Sentiment: The company scheduled its third-quarter results release for May 6 and a conference call/webcast for May 7 — a near-term catalyst that could move the stock depending on results vs. expectations. Phibro Animal Health Corporation to Host Webcast and Conference Call on Third Quarter Results
- Neutral Sentiment: Recent analyst/market commentary has included PAHC in value and GARP stock lists and compared it to peers (e.g., Zacks piece vs. Insulet), which can attract attention from growth-at-a-reasonable-price investors but is not an immediate fundamental change. PAHC vs. PODD: Which Stock Is the Better Value Option?
- Negative Sentiment: CEO Jack Bendheim sold multiple blocks of PAHC shares late April (total reported ~21,120 shares across filings), reducing his ownership; such insider selling can be perceived negatively by the market. Management says the trades were executed under pre-arranged Rule 10b5-1 plans, which moderates the signal but does not eliminate investor concern. SEC Filing Phibro Animal Health’s (PAHC) CEO Sold 21,120 Shares for $1.2 Million
Institutional Investors Weigh In On Phibro Animal Health
A number of hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in Phibro Animal Health by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 1,539,593 shares of the company’s stock valued at $57,519,000 after acquiring an additional 13,884 shares during the period. State Street Corp grew its stake in Phibro Animal Health by 5.4% in the fourth quarter. State Street Corp now owns 942,279 shares of the company’s stock valued at $35,204,000 after acquiring an additional 48,243 shares during the period. Millennium Management LLC grew its stake in Phibro Animal Health by 4,227.1% in the fourth quarter. Millennium Management LLC now owns 641,313 shares of the company’s stock valued at $23,959,000 after acquiring an additional 626,492 shares during the period. Geode Capital Management LLC grew its stake in Phibro Animal Health by 4.0% in the fourth quarter. Geode Capital Management LLC now owns 569,111 shares of the company’s stock valued at $21,265,000 after acquiring an additional 21,951 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in Phibro Animal Health by 1.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 492,335 shares of the company’s stock valued at $18,394,000 after acquiring an additional 6,826 shares during the period. Institutional investors and hedge funds own 99.34% of the company’s stock.
Wall Street Analysts Forecast Growth
PAHC has been the subject of several recent analyst reports. Zacks Research raised Phibro Animal Health from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 11th. Morgan Stanley set a $49.00 target price on Phibro Animal Health in a research note on Friday, February 6th. Finally, Citigroup initiated coverage on Phibro Animal Health in a research note on Wednesday, April 15th. They set a “neutral” rating and a $62.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $42.40.
View Our Latest Stock Analysis on Phibro Animal Health
About Phibro Animal Health
Phibro Animal Health Corporation (NASDAQ: PAHC) is a diversified global animal health and mineral nutrition company headquartered in Teaneck, New Jersey. The company develops, manufactures and markets a broad range of pharmaceutical, mineral nutrition and performance products designed to support the health and productivity of livestock, companion animals and aquaculture species. Phibro’s portfolio includes vaccines, anti-infective therapies, coccidiostats, disinfectants, premix minerals and specialty feed additives aimed at enhancing growth, immunity and overall animal well-being.
The company operates through three principal business segments: Animal Health, Mineral Nutrition and Performance Products.
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