The Hershey Company's (NYSE:HSY) stocks have seen substantial activity with many different actors shifting their positions. The
Czech National Bank and
HBW Advisory Services LLC have increased their stakes, while others like
Rep. Robert Bresnahan,
Jr. and
Woodstock Corp purchased shares. However, other entities, including the
CEO and
Columbia Asset Management, sold some of their stake. Even though short interest has risen
24.3%, the consensus recommendation from analysts remains to
Reduce. Despite Hershey's occasional soft earnings, many investors seem interested to invest due to suggestions of a possible takeover. Institutional shareholders are significant as they control
89% of Hershey. Appointments such as
Tiffany Menyhart as Chief Customer Officer and
Stacy Taffet as Chief Growth Officer also attracted attention.
Hershey's Q4 results were above expectations while they also planned to acquire
LesserEvil. However, increasing cocoa prices could pose challenges.
The Hershey Company HSY News Analytics from Sun, 06 Oct 2024 07:00:00 GMT to Sat, 07 Jun 2025 23:45:19 GMT -
Rating 4
- Innovation -3
- Information 7
- Rumor -2