Cf industries EVP Bert Frost sells shares price $285,000

Bert A. Frost, Govt Vice President of Gross sales, Market Improvement, and Provide Chain at CF Industries Holdings, Inc. (NYSE:CF), not too long ago offered 3,000 shares of the corporate’s widespread inventory. The transaction comes as CF Industries trades close to its 52-week excessive of $95.72, with the inventory exhibiting outstanding power, gaining over 9% previously week alone. The transaction, which came about on January 13, 2025, was executed at a worth of $95 per share, leading to a complete worth of $285,000. Following this sale, Frost retains possession of 105,754 shares. The sale was performed underneath a pre-established Rule 10b5-1 buying and selling plan, which Frost adopted on March 13, 2024. In response to InvestingPro evaluation, whereas administration has been actively shopping for again shares, the inventory seems to be buying and selling barely above its Honest Worth, with sturdy monetary metrics together with a wholesome 2.11% dividend yield and sturdy free money circulate era. For deeper insights into insider buying and selling patterns and 15+ extra unique ProTips, contemplate exploring the great CF Industries Professional Analysis Report.

In different current information, CF Industries has seen a flurry of optimistic developments. Piper Sandler upgraded the corporate’s inventory ranking from Underweight to Obese, citing a rise in grain costs. This enchancment in grain costs is predicted to positively affect the costs of fertilizers, with nitrogen producers akin to CF Industries anticipated to learn considerably.

Along with this, CF Industries has demonstrated a powerful dedication to retaining key personnel. The corporate not too long ago granted Susan L. Menzel, the Govt Vice President and Chief Administrative Officer, 28,637 restricted inventory items, underlining its give attention to sustaining a steady management crew.

Furthermore, CF Industries reported sturdy monetary outcomes for the third quarter and first 9 months of 2024. The corporate’s adjusted EBITDA stands at $511 million for Q3 and $1.7 billion for the primary 9 months, with internet earnings of roughly $890 million and $276 million for a similar durations respectively.

Moreover, the corporate is advancing its carbon seize initiatives and making ready for a projected tightening within the nitrogen market. CF Industries additionally returned $580 million to shareholders by way of share repurchases and dividends in 2024.

Lastly, CF Industries’ inventory worth targets have been revised by each Piper Sandler and RBC Capital. Piper Sandler elevated the value goal to $79 from $77, whereas RBC Capital raised it to $100 from $95. These developments underline the current optimistic momentum surrounding CF Industries.

This text was generated with the assist of AI and reviewed by an editor. For extra data see our T&C.