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Marzetti Co strategic advisor sells $100,512 in common stock

Marzetti Co strategic advisor sells $100,512 in common stock

Strategic advisor Luis Viso of Marzetti Co (NASDAQ:MZTI) divested $100,512 worth of the company's common shares on September 10, 2026. The stock is trading close to its 52-week low at $100.20, having fallen over 30% in the past six months. Pro Research suggests MZTI is undervalued with a P/E ratio of 14.74.

Viso sold 997 shares at $100.8146 per share, leaving him with 1,047 shares directly held. The Marzetti Co reported adjusted earnings per share of $1.46 in its fiscal fourth quarter, beating the estimated $1.40. However, revenue missed expectations, with $465.0 million against the forecasted $479.0 million. Net sales declined 2.2%, but there were improvements in gross profit, operating income, and margins.

Analyst DA Davidson reduced its price target for Marzetti to $130 from $168, maintaining a Neutral rating. Despite strong earnings, the company's revenue did not meet projections, indicating a mixed performance.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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