Rep. Josh Gottheimer Sells Central Garden & Pet (NASDAQ:CENTA) Stock

Representative Josh Gottheimer (D-New Jersey) recently sold shares of Central Garden & Pet NASDAQ: CENTA. In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Central Garden & Pet stock on April 9th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of RTX NYSE: RTX on 4/23/2025.
• Purchased $1,001 - $15,000 in shares of Cheniere Energy NYSE: LNG on 4/22/2025.
• Purchased $1,001 - $15,000 in shares of Techtronic Industries OTCMKTS: TTNDY on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Tri Pointe Homes NYSE: TPH on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk NYSE: TLK on 4/21/2025.
• Sold $1,001 - $15,000 in shares of KKR & Co. Inc. NYSE: KKR on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of D.R. Horton NYSE: DHI on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Home Depot NYSE: HD on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Hillman Solutions NASDAQ: HLMN on 4/17/2025.
• Sold $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 4/17/2025.

Central Garden & Pet Price Performance

Shares of CENTA stock opened at $31.48 on Friday. The stock has a market cap of $2.06 billion, a price-to-earnings ratio of 17.30 and a beta of 0.68. The business's fifty day moving average is $31.30 and its 200 day moving average is $31.98. Central Garden & Pet has a twelve month low of $27.70 and a twelve month high of $40.75. The company has a quick ratio of 1.97, a current ratio of 3.47 and a debt-to-equity ratio of 0.78.

Central Garden & Pet (NASDAQ:CENTA - Get Free Report) last announced its earnings results on Wednesday, May 7th. The company reported $1.04 EPS for the quarter, beating analysts' consensus estimates of $0.94 by $0.10. The firm had revenue of $833.54 million for the quarter, compared to analysts' expectations of $876.36 million. Central Garden & Pet had a net margin of 3.77% and a return on equity of 10.08%. Research analysts expect that Central Garden & Pet will post 2.38 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. lowered their target price on shares of Central Garden & Pet from $34.00 to $31.00 and set a "neutral" rating for the company in a report on Friday, April 11th. Truist Financial reaffirmed a "hold" rating and set a $35.00 price objective (down previously from $40.00) on shares of Central Garden & Pet in a research report on Wednesday, April 30th. Finally, StockNews.com downgraded Central Garden & Pet from a "buy" rating to a "hold" rating in a report on Friday, May 9th. Four research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Central Garden & Pet has a consensus rating of "Hold" and an average price target of $33.00.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Smartleaf Asset Management LLC increased its holdings in Central Garden & Pet by 668.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 930 shares of the company's stock worth $31,000 after buying an additional 809 shares in the last quarter. Nisa Investment Advisors LLC boosted its holdings in shares of Central Garden & Pet by 53.1% during the 1st quarter. Nisa Investment Advisors LLC now owns 1,490 shares of the company's stock valued at $49,000 after acquiring an additional 517 shares during the last quarter. Venturi Wealth Management LLC bought a new stake in shares of Central Garden & Pet in the fourth quarter worth approximately $102,000. KBC Group NV grew its stake in shares of Central Garden & Pet by 50.1% in the fourth quarter. KBC Group NV now owns 3,606 shares of the company's stock worth $119,000 after acquiring an additional 1,204 shares during the period. Finally, Summit Investment Advisors Inc. raised its holdings in shares of Central Garden & Pet by 6.3% during the fourth quarter. Summit Investment Advisors Inc. now owns 5,458 shares of the company's stock valued at $180,000 after purchasing an additional 325 shares during the last quarter. Institutional investors own 50.82% of the company's stock.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

About Central Garden & Pet

Central Garden & Pet Co engages in the production and distribution of branded and private label products for the lawn, garden, and pet supplies markets. It operates through the Pet and Garden segments. The Pet segment focuses on dog and cat supplies such as dog treats and chews, toys, pet beds and containment, grooming products, waste management and training pads, supplies for aquatics, small animals, reptiles and pet birds including toys, cages and habitats, bedding, food and supplements, products for equine and livestock, animal and household health and insect control products, live fish, and small animals, as well as outdoor cushions.

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