General Mills CFO Kofi Bruce Sells Shares Worth $139,754
Kofi Bruce, CFO of General Mills, sold 3,881 shares on June 28, 2026, in a transaction not under a 10b5-1 plan.
Key Points
- On June 28, 2026, Kofi Bruce, CFO of General Mills, sold 3,881 shares at an average price of $36.01, totaling $139,754.81.
- General Mills, Inc. (NYSE:GIS) traded near $35.76 on Tuesday, with a market cap of approximately $19.2 billion and a P/E ratio of 8.8.
- The company's next earnings report is expected on July 1, 2026, with analysts maintaining a 'hold' recommendation and a target mean price of $36.72.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Kofi Bruce, the Chief Financial Officer of General Mills, Inc. (NYSE:GIS), sold 3,881 shares of the company on June 28, 2026. The shares were sold at an average price of $36.01, amounting to a total value of $139,754.81. This transaction was not part of a pre-arranged 10b5-1 trading plan.
General Mills, Inc. Stock Down 8.5%
Shares of General Mills traded near $35.76 on Tuesday. The company has a market capitalization of about $19.2 billion. Its price-to-earnings (P/E) ratio stands at 8.8, with a forward P/E of 11.5. General Mills' stock has seen a 52-week low of $31.75 and a high of $54.18. The 50-day moving average is $34.16, while the 200-day moving average is $42.55. The company's beta is -0.041, indicating low volatility compared to the market.
$GIS stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
For its most recent earnings, General Mills reported revenue of approximately $18.37 billion, reflecting a growth rate of 2.2%. The company's net margin was 12.1%, and it achieved a return on equity (ROE) of 23.6%. The next earnings report is scheduled for July 1, 2026.
Dividend
General Mills pays an annual dividend rate of $2.44 per share, yielding 6.78%. The dividend payout ratio is 59.4%, indicating the portion of earnings distributed as dividends.
About General Mills
General Mills, Inc. is a major player in the consumer defensive sector, focusing on packaged foods. Headquartered in Minneapolis, Minnesota, the company is led by CEO Jeffrey L. Harmening and employs around 33,000 people. It operates through various segments including North America Retail, International, North America Pet, and North America Foodservice. The company produces a wide range of products from cereals and snacks to pet foods, marketed under well-known brands like Cheerios, Häagen-Dazs, and Blue Buffalo.
Bottom Line
Kofi Bruce's recent sale of shares provides a glimpse into insider activity at General Mills. Investors often track such transactions for insights, though they don't necessarily signal a shift in the company's outlook. General Mills remains a significant entity in the packaged foods industry, with its upcoming earnings report on July 1, 2026, expected to provide further clarity on its financial health.
Get General Mills, Inc. alerts
New 13F filings, insider trades, and analyst moves on $GIS, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.