Insider Selling: Central Garden & Pet (NASDAQ:CENTA) Director Sells 3,250 Shares of Stock

Key Points

  • Director Brendan Dougher sold 3,250 shares on Feb. 10 at an average price of $33.38 (totaling $108,485), reducing his stake by 20.19% to 12,845 shares.
  • The company beat EPS expectations in the Feb. 4 quarter ($0.21 vs. $0.11 est.) but missed revenue ($617.37M vs. $636.62M); management set FY2026 guidance at 2.700 EPS while analysts average 2.38 EPS.
  • Central Garden & Pet has a market cap of about $2.09B and a P/E of 13.67, a 52‑week range of $25.97–$37.35, and carries an average analyst rating of "Hold" with a $40.75 target.

Central Garden & Pet Company (NASDAQ:CENTA - Get Free Report) Director Brendan Dougher sold 3,250 shares of Central Garden & Pet stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $33.38, for a total value of $108,485.00. Following the sale, the director owned 12,845 shares in the company, valued at $428,766.10. The trade was a 20.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Central Garden & Pet Stock Performance

NASDAQ:CENTA opened at $33.49 on Thursday. The company has a market capitalization of $2.09 billion, a P/E ratio of 13.67 and a beta of 0.67. The business has a fifty day simple moving average of $30.15 and a two-hundred day simple moving average of $30.49. The company has a debt-to-equity ratio of 0.76, a current ratio of 3.42 and a quick ratio of 1.97. Central Garden & Pet Company has a 1 year low of $25.97 and a 1 year high of $37.35.

Central Garden & Pet (NASDAQ:CENTA - Get Free Report) last released its quarterly earnings data on Wednesday, February 4th. The company reported $0.21 earnings per share for the quarter, beating analysts' consensus estimates of $0.11 by $0.10. Central Garden & Pet had a net margin of 5.04% and a return on equity of 10.99%. The business had revenue of $617.37 million during the quarter, compared to analyst estimates of $636.62 million. Central Garden & Pet has set its FY 2026 guidance at 2.700- EPS. On average, analysts expect that Central Garden & Pet Company will post 2.38 earnings per share for the current year.

Institutional Investors Weigh In On Central Garden & Pet




A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CENTA. NorthRock Partners LLC increased its position in shares of Central Garden & Pet by 0.5% in the second quarter. NorthRock Partners LLC now owns 58,464 shares of the company's stock valued at $1,829,000 after acquiring an additional 297 shares during the period. Teacher Retirement System of Texas grew its position in shares of Central Garden & Pet by 3.9% in the 2nd quarter. Teacher Retirement System of Texas now owns 8,088 shares of the company's stock worth $253,000 after buying an additional 304 shares during the period. Orchard Capital Management LLC increased its stake in shares of Central Garden & Pet by 3.3% during the third quarter. Orchard Capital Management LLC now owns 11,029 shares of the company's stock valued at $326,000 after purchasing an additional 350 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in Central Garden & Pet by 40.0% during the third quarter. EverSource Wealth Advisors LLC now owns 1,401 shares of the company's stock valued at $41,000 after buying an additional 400 shares during the last quarter. Finally, Amalgamated Bank grew its stake in shares of Central Garden & Pet by 3.4% in the third quarter. Amalgamated Bank now owns 14,668 shares of the company's stock worth $433,000 after acquiring an additional 488 shares during the last quarter. 50.82% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on CENTA. JPMorgan Chase & Co. reaffirmed an "underweight" rating and set a $28.00 price objective (down from $31.00) on shares of Central Garden & Pet in a report on Friday, January 16th. KeyCorp reaffirmed an "overweight" rating on shares of Central Garden & Pet in a research note on Wednesday, December 17th. Zacks Research cut Central Garden & Pet from a "strong-buy" rating to a "hold" rating in a report on Friday, October 24th. CJS Securities upgraded shares of Central Garden & Pet to a "strong-buy" rating in a research report on Thursday, December 11th. Finally, Wall Street Zen cut shares of Central Garden & Pet from a "buy" rating to a "hold" rating in a research note on Saturday, February 7th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Central Garden & Pet presently has an average rating of "Hold" and an average target price of $40.75.

Get Our Latest Stock Analysis on CENTA

About Central Garden & Pet

(Get Free Report)

Central Garden & Pet Co is a leading producer, marketer and distributor of branded consumable gardening products and pet supplies in North America. Headquartered in Walnut Creek, California, the company serves both retail and wholesale customers through a network of distribution centers across the United States and Canada. Operating under the ticker symbol CENTA on the NASDAQ exchange, Central Garden & Pet has been publicly traded since 2003.

The company's Garden segment offers a broad portfolio of lawn and garden care solutions, including fertilizers, weed and pest control products, soil and mulch, and plant care accessories.

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