Michael J. Anderson Cashes Out of The Andersons, with 1856 Shares Sold

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Michael J. Anderson has recently cashed out of his holdings in The Andersons ($NASDAQ:ANDE), Inc. (ANDE) with 1856 shares being sold off. The Andersons, Inc. is a publicly traded company listed on the Nasdaq exchange, and is a diversified company primarily engaged in the grain, ethanol, and plant nutrient sectors. It also operates through its Rail Group, retail stores, and turf and specialty products divisions.

The Andersons, Inc. has a long and successful track record of providing quality products and services to meet the needs of its customers. The company has consistently delivered strong financial results, including positive earnings in each of the last five years, and it has achieved notable levels of growth and profitability.

Price History

At the close of business that day, the stock price of The Andersons, Inc. had risen by 2.5%, up to $47.8 from its last closing price of $46.6. With this sale, Anderson is no longer a major shareholder in the company. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Andersons. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Andersons. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Andersons. More…

Key Ratios Snapshot

Some of the financial key ratios for Andersons are shown below. More…

Analysis

GoodWhale conducted an analysis of ANDERSONS‘s financials and our Star Chart shows that their performance is strong in dividend and growth and medium in asset and profitability. This results in a classification of ‘cheetah’, a type of company that we conclude to have achieved high revenue or earnings growth but is considered less stable due to lower profitability. Given the nature of ANDERSONS as a ‘cheetah’ company, we think that investors with an appetite for risk may be interested in this option. ANDERSONS has an intermediate health score of 5/10 with regard to its cashflows and debt, and might be able to pay off debt and fund future operations. However, it is important to remember that investing in such companies typically carries a higher degree of risk. More…

Peers

The supermarket industry is highly competitive, with Andersons Inc. facing tough competition from Atacadao SA, Fix Price Group Ltd, and Rallye SA. All four companies are vying for market share in the highly competitive supermarket industry.

– Atacadao SA ($OTCPK:ATAAY)

Atacadao SA is a Brazilian company that operates as a wholesale distributor of food and non-food products. The company has a market cap of 7.72B as of 2022 and a return on equity of 19.02%. Atacadao SA operates in the food and beverage industry and offers a wide range of products, including groceries, household items, and personal care products. The company has a strong presence in Brazil, with over 1,000 stores in the country.

– Fix Price Group Ltd ($LTS:0K9N)

Rallye SA is a holding company that operates in the retail, distribution, and services sectors in France. The company has a market cap of 137.34M as of 2022 and a Return on Equity of -15.9%. The company’s retail segment operates hypermarkets, supermarkets, and convenience stores. The distribution segment provides logistics and transportation services. The services segment offers customer loyalty programs, insurance, and financing services.

Summary

The Andersons, Inc., a diversified company, saw its stock rise when Michael J. Anderson sold 1856 shares of the company. Analysts suggest the sale could be part of a wider strategy to diversify his investments. Despite this strength, the stock is currently trading at a discount to its fair value, making it an attractive buy for investors looking to capitalize on current market conditions. Analysts consider the sale a prudent move and recommend investors keep an eye on The Andersons, Inc. for future investment opportunities.