Insider Chart Past 6 Months
Technical Chart
Filings by transaction date
- Jan 21, 2021 (filed on Jan 21, 2021)Insider Name:Morberg John DOwnership Type:Direct OwnershipSecurities:No security beneficially ownedNature of Transaction:Form 3 : Initial Statement of Beneficial Ownership of Securities# or value acquired/disposed of:--Price:--
- Jan 19, 2021 (filed on Jan 19, 2021)Insider Name:Bolles Albert D.Ownership Type:Direct OwnershipSecurities:Common StockNature of Transaction:P - Open market or private purchase# or value acquired/disposed of:10,000Price:$10.98
- Jan 18, 2021 (filed on Jan 21, 2021)Insider Name:Morberg John DOwnership Type:Direct OwnershipSecurities:Non-Qualified Stock Option (Right to Buy)Nature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:78,742Price:$10.83
- Jan 18, 2021 (filed on Jan 21, 2021)Insider Name:Morberg John DOwnership Type:Direct OwnershipSecurities:Incentive Stock Option (Right to Buy)Nature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:21,258Price:$10.83
- Jan 18, 2021 (filed on Jan 21, 2021)Insider Name:Morberg John DOwnership Type:Direct OwnershipSecurities:Restricted Stock UnitNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:17,500Price:--
- Jan 12, 2021 (filed on Jan 13, 2021)Insider Name:Obus NelsonOwnership Type:Indirect OwnershipSecurities:Common StockNature of Transaction:P - Open market or private purchase# or value acquired/disposed of:13,600Price:$10.74
- Jan 11, 2021 (filed on Jan 13, 2021)Insider Name:Obus NelsonOwnership Type:Indirect OwnershipSecurities:Common StockNature of Transaction:P - Open market or private purchase# or value acquired/disposed of:6,400Price:$10.81
- Oct 21, 2020 (filed on Oct 21, 2020)Insider Name:Walsh Patrick DOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:Form 3/A : Amendment of a previous Form 3# or value acquired/disposed of:--Price:--
- Oct 19, 2020 (filed on Oct 20, 2020)Insider Name:McLaughlin Brian FOwnership Type:Direct OwnershipSecurities:Restricted Stock UnitNature of Transaction:M - Exercise or conversion exempt under rule 16b-3# or value acquired/disposed of:-5,000Price:--
- Oct 19, 2020 (filed on Oct 20, 2020)Insider Name:McLaughlin Brian FOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3# or value acquired/disposed of:-2,479Price:$10.09
Filings by filing date
- Jan 18, 2021 (filed on Jan 21, 2021)Insider Name:Morberg John DOwnership Type:Direct OwnershipSecurities:Non-Qualified Stock Option (Right to Buy)Nature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:78,742Price:$10.83
- Jan 18, 2021 (filed on Jan 21, 2021)Insider Name:Morberg John DOwnership Type:Direct OwnershipSecurities:Incentive Stock Option (Right to Buy)Nature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:21,258Price:$10.83
- Jan 18, 2021 (filed on Jan 21, 2021)Insider Name:Morberg John DOwnership Type:Direct OwnershipSecurities:Restricted Stock UnitNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:17,500Price:--
- Jan 21, 2021 (filed on Jan 21, 2021)Insider Name:Morberg John DOwnership Type:Direct OwnershipSecurities:No security beneficially ownedNature of Transaction:Form 3 : Initial Statement of Beneficial Ownership of Securities# or value acquired/disposed of:--Price:--
- Jan 19, 2021 (filed on Jan 19, 2021)Insider Name:Bolles Albert D.Ownership Type:Direct OwnershipSecurities:Common StockNature of Transaction:P - Open market or private purchase# or value acquired/disposed of:10,000Price:$10.98
- Jan 12, 2021 (filed on Jan 13, 2021)Insider Name:Obus NelsonOwnership Type:Indirect OwnershipSecurities:Common StockNature of Transaction:P - Open market or private purchase# or value acquired/disposed of:13,600Price:$10.74
- Jan 11, 2021 (filed on Jan 13, 2021)Insider Name:Obus NelsonOwnership Type:Indirect OwnershipSecurities:Common StockNature of Transaction:P - Open market or private purchase# or value acquired/disposed of:6,400Price:$10.81
- Oct 21, 2020 (filed on Oct 21, 2020)Insider Name:Walsh Patrick DOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:Form 3/A : Amendment of a previous Form 3# or value acquired/disposed of:--Price:--
- Oct 19, 2020 (filed on Oct 20, 2020)Insider Name:McLaughlin Brian FOwnership Type:Direct OwnershipSecurities:Restricted Stock UnitNature of Transaction:M - Exercise or conversion exempt under rule 16b-3# or value acquired/disposed of:-5,000Price:--
- Oct 19, 2020 (filed on Oct 20, 2020)Insider Name:McLaughlin Brian FOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3# or value acquired/disposed of:-2,479Price:$10.09
News
Biz Brief
Sector: Consumer Non-Cyclicals | Industry: Food Processing |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 5201 Great America Pkwy Ste 232 SANTA CLARA CA 95054-1126 |
Tel: | N/A |
Website: | https://www.landec.com |
IR: | See website |
Key People | ||
Craig A. Barbarosh Independent Chairman of the Board | Albert D. Bolles President, Chief Executive Officer, Director | John D. Morberg Chief Financial Officer, Company Secretary |
Dawn Kimball Chief Human Resource Officer, Senior Vice President | Timothy P. Burgess Senior Vice President of Supply Chain for Curation Foods | James G. Hall Vice President, President of Lifecore |
Business Overview |
Landec Corporation designs, develops, manufactures and sells a range of health and wellness products for food and biomaterials markets. The Company licenses technology applications to partners. The Company operates through three segments: Packaged Fresh Vegetables, Food Export and Biomaterials. The Packaged Fresh Vegetables segment markets and packs specialty packaged whole and fresh-cut fruit and vegetables, the majority of which incorporate the BreatheWay specialty packaging for the retail grocery, club store and food services industry. The Food Export segment is engaged in the purchase and sale of whole commodity fruit and vegetable products primarily to Asia. The Biomaterials segment sells products utilizing hyaluronan, a polysaccharide that is distributed in the extracellular matrix of connective tissues in both animals and humans, and non-hyaluronan (HA) products for medical use primarily in the ophthalmic, orthopedic and other markets. |
Financial Overview |
For the 26 weeks ended 29 November 2020, LandecCorporation revenues decreased 5% to $266.5M. Net lossincreased from $11.5M to $24.3M. Revenues reflect Canadasegment decrease of 23% to $30.2M, Ireland segment decreaseof 52% to $1.2M. Higher net loss reflects Other (expense)income decrease from $200K (income) to $11.8M (expense),Interest expense increase of 45% to $6.1M (expense). |
Employees: | 796 as of May 31, 2020 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $499.49M as of Nov 29, 2020 |
Annual revenue (TTM): | $575.61M as of Nov 29, 2020 |
EBITDA (TTM): | $20.25M as of Nov 29, 2020 |
Net annual income (TTM): | -$53.74M as of Nov 29, 2020 |
Free cash flow (TTM): | -$1.73M as of Nov 29, 2020 |
Net Debt Last Fiscal Year: | $167.70M as of Nov 29, 2020 |
Shares outstanding: | 29,323,153 as of Jan 5, 2021 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |