Insider Selling: Mosaic (NYSE:MOS) SVP Sells $508,760.00 in Stock

The Mosaic Company (NYSE:MOS) SVP Walter Precourt III sold 23,000 shares of the company’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $22.12, for a total transaction of $508,760.00. Following the completion of the sale, the senior vice president directly owned 116,198 shares of the company’s stock, valued at $2,570,299.76. The trade was a 16.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Mosaic Price Performance

MOS traded up $1.18 on Friday, reaching $24.53. The company had a trading volume of 13,524,044 shares, compared to its average volume of 8,862,441. The company has a market capitalization of $7.80 billion, a P/E ratio of -12.14, a PEG ratio of 4.02 and a beta of 0.82. The company has a current ratio of 1.34, a quick ratio of 0.43 and a debt-to-equity ratio of 0.41. The company has a fifty day moving average of $22.17 and a 200-day moving average of $24.26. The Mosaic Company has a one year low of $19.80 and a one year high of $36.99.

Mosaic (NYSE:MOS) last released its quarterly earnings results on Tuesday, August 4th. The basic materials company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.01. The company had revenue of $2.82 billion for the quarter, compared to the consensus estimate of $3.10 billion. Mosaic had a negative net margin of 5.21% and a positive return on equity of 3.77%. Mosaic’s revenue was down 6.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.51 EPS. As a group, equities research analysts anticipate that The Mosaic Company will post 0.54 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Geneos Wealth Management Inc. raised its position in shares of Mosaic by 169.3% during the first quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 601 shares during the period. CYBER HORNET ETFs LLC purchased a new position in Mosaic in the 2nd quarter worth about $31,000. SJS Investment Consulting Inc. increased its stake in Mosaic by 72.9% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,245 shares of the basic materials company’s stock worth $32,000 after purchasing an additional 525 shares in the last quarter. Gen Wealth Partners Inc acquired a new stake in Mosaic during the 4th quarter worth about $32,000. Finally, MUFG Securities EMEA plc acquired a new stake in Mosaic during the 2nd quarter worth about $34,000. Institutional investors own 77.54% of the company’s stock.

Analyst Ratings Changes

MOS has been the subject of a number of research reports. BMO Capital Markets decreased their price target on Mosaic from $31.00 to $30.00 and set an “outperform” rating for the company in a research note on Tuesday, June 30th. JPMorgan Chase & Co. dropped their price objective on Mosaic from $24.00 to $19.00 and set an “underweight” rating on the stock in a research note on Tuesday, May 12th. UBS Group cut their price objective on Mosaic from $27.00 to $23.00 and set a “neutral” rating for the company in a report on Tuesday, May 12th. The Goldman Sachs Group lowered their target price on Mosaic from $31.00 to $28.00 and set a “buy” rating on the stock in a report on Tuesday, May 12th. Finally, Mizuho set a $25.00 price target on shares of Mosaic in a research report on Wednesday, August 5th. Seven equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Mosaic has an average rating of “Hold” and an average price target of $27.17.

Mosaic Company Profile

Mosaic Co is one of the world’s leading producers and marketers of concentrated phosphate and potash crop nutrients. The company’s primary business activities center on the extraction, processing and distribution of phosphate rock, phosphate-based fertilizers and potash products. These core nutrients are essential components in modern agriculture, supporting crop yields and soil health across a range of farming applications.

In its phosphate segment, Mosaic operates mining and production facilities that convert phosphate rock into concentrated phosphates, finished phosphate fertilizers and feed phosphates for animal nutrition.