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Sysco Corporation NASDAQ:SYY executive vice president and CHRO Ronald L Phillips, sold 6,286 shares of common stock on August 13, 2025, at a price of $81.0, totaling $509,166. The transaction occurred near the stock’s 52-week high of $82.64, with InvestingPro analysis indicating the company is currently slightly undervalued.
According to a Form 4 filing with the Securities and Exchange Commission, Phillips also exercised options to acquire 6,286 shares of Sysco common stock at a price of $73.53, for a total value of $462209. The filing indicates that the transactions were executed under a pre-arranged Rule 10b5-1 trading plan. This activity comes as Sysco maintains strong financial health, with a market capitalization of $38 billion and an "GOOD" overall financial health rating from InvestingPro.
Following the sale, Phillips directly owns 34404.397 shares of Sysco stock. The company, a prominent player in the Consumer Staples Distribution & Retail industry, has maintained dividend payments for 55 consecutive years and currently offers a 2.7% dividend yield. Discover more comprehensive insights about Sysco’s financial performance and future outlook in the detailed Pro Research Report, available exclusively on InvestingPro.
In other recent news, Sysco’s fiscal fourth-quarter results have captured significant attention, showcasing better-than-expected sales and adjusted EBITDA performance. Despite this positive outcome, the company provided lower-than-expected guidance for fiscal year 2026. Several financial firms have adjusted their price targets for Sysco in response to these developments. Truist Securities raised its price target to $90, reflecting confidence in Sysco’s sales force changes. Guggenheim also increased its target twice, first to $85 and then to $87, citing operational initiatives and a strong fourth-quarter earnings beat. UBS, however, lowered its target slightly to $90, attributing the adjustment to one-time issues affecting guidance. Barclays raised its target to $82, noting improved U.S. local case growth and earnings per share that exceeded expectations. These adjustments indicate varied perspectives on Sysco’s recent performance and future prospects.
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