Ian Pinner Sells 34,106 Shares of Archer Daniels Midland (NYSE:ADM) Stock

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Ian Pinner, SVP at Archer Daniels Midland (NYSE:ADM), recently sold 34,106 shares for approximately $2.44 million, reducing his stake by over 27%. Despite the insider sale, ADM exceeded Q earnings expectations, reporting GAAP EPS of $0.87 against an anticipated $0.80, though revenue saw a year-over-year decline. The company also increased its quarterly dividend to $0.52 per share, yielding about 2.9%, while analysts generally rate the stock as “Reduce” with a consensus price target of $58.00.

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