Trump meets Zelenskiy, says Putin wants war to end, mulls trilateral talks
Stephen P. Bramlage Jr., Chief Financial Officer of Casey’s General Stores (NASDAQ:CASY), sold 760 shares of common stock on July 2, 2025, according to a recent SEC Form 4 filing. The shares were sold at a price of $507.56, for a total transaction value of $385,745. The sale comes as Casey’s stock trades near its 52-week high of $514.32, having delivered an impressive 28.69% return over the past six months. The company currently maintains a market capitalization of $19.14 billion and trades at a P/E ratio of 35.
Following the transaction, Bramlage directly owns 25,994 shares of Casey’s General Stores. He also indirectly owns 369 shares through a 401k plan.
In addition, the report details Bramlage’s holdings of restricted stock units, which will vest in installments between 2026 and 2028. These include 1,476 units vesting between 2026 and 2028, 974 units vesting between 2026 and 2027 and 676 units vesting in 2026.
The filing was signed on July 3, 2025, by Scott Faber, under Power of Attorney dated June 1, 2020.
In other recent news, Casey’s General Stores reported impressive fourth-quarter results, which have prompted several financial firms to raise their price targets for the company. Jefferies increased its price target to $575, noting that Casey’s revenues grew by 11% year-over-year, with adjusted EBITDA and earnings per share surpassing consensus estimates. Evercore ISI also raised its target to $530, citing strong market share gains and profitability, supported by effective cost control and mergers. Meanwhile, Goldman Sachs increased its price target to $450, highlighting a 13% growth in earnings per share, although they maintained a Neutral rating due to valuation concerns.
BMO Capital raised its price target to $515, acknowledging Casey’s consistent double-digit EBITDA growth, while maintaining a Market Perform rating due to valuation concerns. KeyBanc set its new target at $550, emphasizing Casey’s favorable business momentum and strong fuel margins, and maintained an Overweight rating. Analysts from these firms generally project Casey’s to achieve 10-12% EBITDA growth for the upcoming fiscal year, aligning with the company’s guidance and consensus estimates. Despite some concerns about valuation and market conditions, the overall outlook from analysts remains positive, with many recognizing Casey’s as a strong performer in the convenience store sector.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.