JFrog stock rises as Cantor Fitzgerald maintains Overweight rating after strong Q2
Robert Vitale, a director at BellRing Brands, Inc. (NYSE:BRBR), a $9.93 billion market cap company that has seen its stock surge nearly 40% over the past six months, sold a substantial number of company shares, according to a recent SEC filing. On February 14, Vitale divested a total of 79,068 shares, generating approximately $6.1 million. The shares were sold at prices ranging from $77.02 to $77.56 per share. This transaction was part of a move to cover tax obligations related to the vesting of previously granted restricted stock units. After the sale, Vitale retains direct ownership of 982,706 shares. InvestingPro analysis shows the company maintains strong financial health with a current ratio of 3.35, while 13 analysts have recently revised their earnings expectations upward. For deeper insights into insider trading patterns and comprehensive financial analysis, check out the Pro Research Report, available exclusively on InvestingPro.
In other recent news, BellRing Brands has been receiving significant attention from several analyst firms following its first-quarter earnings report. Mizuho (NYSE:MFG) Securities raised the price target for BellRing Brands to $85, noting the company’s robust EBITDA performance in the first quarter and the growth of its Premier shakes. Stifel analysts also expressed confidence in the company, increasing their price target to $83 from $81, after BellRing Brands reported a 24% rise in first-quarter revenue and lifted its full-year forecasts.
Meanwhile, Jefferies maintained a Buy rating on BellRing Brands but reduced the price target to $86 from $90, citing strong demand drivers and a solid start to the year. DA Davidson reiterated its Neutral rating, maintaining a price target of $90, and acknowledged the company’s strong start to the fiscal year 2025, particularly in the ready-to-drink shakes market. Finally, Stifel reiterated their Buy rating and kept the price target at $81, highlighting the company’s impressive first-quarter results and upgraded full-year 2025 guidance.
These are recent developments, and it’s clear that BellRing Brands is on the radar of several analyst firms due to its strong performance and growth prospects. However, it’s important to note that these are analyst projections and the actual performance of the company could differ.
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