Public market insider buying at SunOpta (SOY)

Public market insider buying at SunOpta (T:SOY)

Engaged Capital, a 10% Holder, acquired 1,000,000 Common Shares on a control or direction basis for registered holder Engaged Capital Special Situation Fund, LP at prices ranging from US$3.598 to US$3.868 between May 19th and 22nd, 2020. This represents a $5,325,548 investment into the company's shares and an account share holdings change of 12.0%.

SunOpta is in the Food Processing Sub Industry Group under the Consumer Non-Cyclicals Sector.

SunOpta Inc. is focused on the manufacturing of plant-based and fruit-based food and beverage products for sale to retail customers, foodservice distributors, branded food companies, and food manufacturers. The Company operates through three segments: Global Ingredients, Plant-Based Food and Beverages, and Fruit-Based Foods and Beverages. The Global Ingredients segment portfolio includes fruits, vegetables, oils, fats, coffee, nuts, dried fruits, sugars, liquid sweeteners, seeds, grains, rice and pulses. The Plant Foods and Beverages segment offers a full line of plant-based beverages and liquid and dry ingredients (utilizing almond, soy, coconut, oat, hemp, and other bases), as well as broths, teas and nutritional beverages. The Fruit-Based Foods and Beverages segment offers individually quick frozen (IQF) fruit for retail, IQF and bulk frozen fruit for foodservice (including purees, fruit cups and smoothies), and custom fruit preparations for industrial use.