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Chief Legal Officer of Casey’s General Stores (NASDAQ:CASY), Lindsey Katrina S, sold 2,000 shares of common stock on June 17, 2025, at a price of $506.07, totaling $1,012,140. The transaction comes as the stock trades near its 52-week high of $512.88, having gained over 25% in the past six months.
According to a Form 4 filing with the Securities and Exchange Commission, Lindsey also gifted 397 shares.
Following these transactions, Lindsey directly owns 4,636 shares of Casey’s General Stores. She also indirectly owns 168 shares through a 401k plan. In addition, Lindsey holds 316, 490 and 813 restricted stock units, which vest at future dates.
In other recent news, Casey’s General Stores has been the subject of several analyst updates following its strong fourth-quarter results. Jefferies raised its price target for Casey’s to $575 from $485, citing an 11% year-over-year revenue growth and better-than-expected adjusted EBITDA and earnings per share. Similarly, Evercore ISI increased its price target to $530 from $485, highlighting Casey’s market share gains and profitability, supported by accretive mergers and acquisitions. KeyBanc also raised its price target to $550 from $500, noting strong fuel margins and market share gains, and identified Casey’s as a top investment idea for 2025 and beyond.
BMO Capital raised its price target to $515 from $450, acknowledging Casey’s consistent EBITDA growth but maintained a Market Perform rating due to valuation concerns. Goldman Sachs increased its price target to $450 from $360, noting a 13% year-over-year growth in earnings per share, which exceeded expectations. Analysts from various firms project continued EBITDA growth for Casey’s in fiscal year 2026, with estimates ranging from 10% to 12%. Despite the positive outlook, some analysts, like those at Goldman Sachs, maintain a cautious stance due to valuation considerations. These updates reflect Casey’s strong performance and strategic positioning in the convenience store sector.
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