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Hershey Stock Surges 96% in Trading Volume Ranking 241st
Generated by AI AgentAinvest Volume Radar
Thursday, May 29, 2025 8:01 pm ET1min read
On May 29, 2025,
(HSY) saw a significant increase in trading volume, with a total turnover of $38.4 million, marking a 96.15% rise from the previous day. This surge placed at the 241st position in terms of trading volume for the day.On May 28, 2025, The Hershey Company's Chief Accounting Officer, McCalman, sold shares worth $153,025 at a price of $157.11 each. Following this transaction, McCalman still holds 2,994 shares in the company.
Birmingham Capital Management Co. Inc. AL reduced its holdings in The Hershey Company by 10.3% during the fourth quarter. This move indicates a shift in investment strategy, potentially impacting the company's stock performance.
Great Valley Advisor Group Inc. sold 23,646 shares of The Hershey Company. This significant sale could influence market sentiment and stock price movements.
Mizuho reiterated its coverage of Hershey Foods with a Neutral rating and adjusted the price target to $155.00 from the previous $167.00. This adjustment reflects the analysts' current outlook on the company's performance and potential future growth.
Dandelion Media and Hershey Entities announced the full cast for the feature film HERSHEY, which is based on the life of company founder Milton S. Hershey. The film, directed by Mark Waters, began principal photography in May and will continue through June in various locations across Pennsylvania. This project could enhance the company's brand recognition and public image.
The Hershey Company declared quarterly dividends of $1.370 on the Common Stock and $1.245 on the Class B Common Stock. These dividends are payable on June 16, 2025, to stockholders of record as of May 16, 2025. This consistent dividend payout underscores the company's financial stability and commitment to shareholder returns.
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