Central Garden & Pet Co (CENT) Insider Lowers Profile By Over 4,500 Shares

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Central Garden & Pet Co (NASDAQ:CENT), watched as one of its top tier insiders altered their position with the company through a series of transactions that began earlier in the week and were officially filed today, August 29th. Senior Vice President, Chief Financial officer, and Secretary Lori A. Varlas sold a total of 4,885 shares of common stock at average prices ranging from $6.43 to $9.151 per share. Moreover, following these moves, Varlas has sold a total of 47,758 shares directly invested in the company. In addition, Central Garden & Pet Co (NASDAQ:CENT) is a $447.44 million market cap company that operates as a marketer and producer of branded products. The Company is the supplier of pet and lawn and garden supplies industries in the United States.
Finally, billionaire Chuck Royce is a large investor in the company. Even after lowering its activity by 11% last quarter, Royce’s fund, Royce & Associates holds about 1.36 million shares worth about $12.4 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.
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