New insider activity at Central Garden Pet ( (CENT) ) has taken place on September 2, 2025.
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Chairman William E. Brown has made a significant move by selling 103,125 shares of Central Garden Pet stock, amounting to a total transaction value of $3,369,365.
Recent Updates on CENT stock
Central Garden & Pet reported its Q3 earnings, highlighting record earnings and strategic advancements despite challenges like declining net sales and adverse weather impacts. The company achieved significant margin expansion and improved workplace safety, with a notable increase in earnings per share and gross profit. The Pet segment saw a strategic shift towards higher-margin consumables, while the Garden segment experienced margin expansion despite external challenges. The Cost and Simplicity program contributed to efficiency gains, and the company generated strong cash flow, repurchasing shares worth $55 million. However, net sales declined by 4% due to weather conditions, loss of product lines, and soft demand in pet durables. Tariffs are expected to impact the fourth quarter significantly. Despite these challenges, Central Garden & Pet remains optimistic, reaffirming its non-GAAP EPS guidance and focusing on strategic initiatives and cost management. Canaccord raised the price target for the stock, citing profitability ahead of expectations and raised guidance.
Spark’s Take on CENT Stock
According to Spark, TipRanks’ AI Analyst, CENT is a Neutral.
Central Garden Pet’s overall stock score reflects strong profitability and operational efficiency, as highlighted in the earnings call. However, challenges such as declining revenue and negative free cash flow growth weigh on the financial performance. The technical analysis indicates mixed signals, and the valuation is reasonable but lacks a dividend yield. The company’s strategic initiatives and positive outlook from the earnings call contribute positively to the score.
To see Spark’s full report on CENT stock, click here.
More about Central Garden Pet
YTD Price Performance: -4.48%
Average Trading Volume: 76,881
Technical Sentiment Signal: Buy
Current Market Cap: $2.11B