{
  "id": 7879264,
  "title": "Hershey Trust, 10% owner, sells $5.17m in Hershey Co. stock",
  "url": "https://urgent.news/2026/09/16/hershey-trust-10-owner-sells-5-17m-in-hershey-co-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-16T21:46:07.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/hershey-trust-10-owner-sells-517m-in-hershey-co-stock-93CH-4904616"
  },
  "original_language": "en",
  "account": "The Milton Hershey School's 10% shareholder and Hershey Co. director, Hershey Trust Co., sold approximately $5.17 million worth of Hershey Co. common stock between September 14 and September 16, 2026. The trust divested 29,900 shares, priced between $169.7305 and $177.6723 per share, leaving it with 786,119 shares. An additional 39,630 shares are held indirectly by Hershey Trust Company. Despite Hershey shares trading near their 52-week low of $161.43, the stock is reportedly undervalued by InvestingPro analysts. The company's market cap stands at $34.39 billion, with a dividend yield of 3.34%. Notably, the trust's beneficial owner also holds 54,612,012 Class B common shares. Recently, TD Cowen raised its rating to Buy with a price target of $210, citing a strong R&D investment plan. RBC lowered its target to $206, maintaining a Sector Perform rating due to market share issues. Hershey's growth of 3.7% year-to-date falls short of the category's 4.8% growth, but TD Cowen remains optimistic about potential improvements through strategic merchandising and innovation.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}