Fresh Del Monte Produce SVP Silva sells $49k in stock

Published 07/08/2025, 09:40
Fresh Del Monte Produce SVP Silva sells $49k in stock

Effie D. Silva, SVP, General Counsel & Secretary at Fresh Del Monte Produce Inc (NASDAQ:FDP), sold 1,315 shares of the company’s stock on August 4, 2025, at a price of $37.54, totaling approximately $49,365.

Following the transaction, Silva directly owns 7,377.1133 shares of Fresh Del Monte Produce, which includes 0.020776 Ordinary Shares acquired through a dividend reinvestment plan. The company has maintained dividend payments for 16 consecutive years, currently offering a 3.3% yield, with analysts unanimously rating the stock as a "Strong Buy."

Silva also holds derivative securities including Dividend Equivalent Units, Restricted Stock Units, and Performance Stock Units, which convert to Ordinary Shares on a one-for-one basis, subject to vesting and/or performance criteria. For comprehensive insider trading analysis and 8 additional key insights about FDP, visit InvestingPro, where you’ll find detailed research reports covering 1,400+ US stocks.

In other recent news, Fresh Del Monte Produce Inc. reported second-quarter earnings that exceeded analyst expectations. The company achieved an adjusted earnings per share of $1.23, surpassing estimates by $0.28. Additionally, Fresh Del Monte’s revenue reached $1.18 billion, which was higher than the consensus estimate of $1.16 billion. These results were driven in part by the success of their specialty pineapples, contributing to profit growth. The latest earnings report highlights the company’s ability to outperform financial projections.

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