Landec Corporation Stock News

Strategic sale results in a CDMO-focused company aligned with attractive growth categories and end marketsNet proceeds from the sale will be allocated towards debt pay down, resulting in significant d

Strategic sale results in a CDMO-focused company aligned with attractive growth categories and end markets Net proceeds from the sale will be allocated towards debt pay down, resulting in significant deleveraging Announces fiscal second quarter earnings call on January 5, 2022

Millennium Management LLC cut its position in Landec Co. (NASDAQ:LNDC) by 20.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 72,878 shares of the basic materials companys stock after selling 18,209 shares during the period. Millennium Management LLCs holdings in Landec were worth $820,000 as of its []

Landec Co. (NASDAQ:LNDC) saw a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 556,200 shares, a decrease of 29.3% from the October 31st total of 786,200 shares. Currently, 1.9% of the companys shares are sold short. Based on an average daily trading volume, of []

Landec (NASDAQ:LNDC) was upgraded by Zacks Investment Research from a strong sell rating to a hold rating in a research note issued to investors on Thursday, Zacks.com reports. According to Zacks, Landec Corp. engages in designing, developing, manufacturing and selling of products for food and biomaterials markets and license technology applications. Its operating segment consists []

Wall Street brokerages expect that Landec Co. (NASDAQ:LNDC) will post $132.36 million in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Landecs earnings, with the lowest sales estimate coming in at $130.71 million and the highest estimate coming in at $134.00 million. Landec posted sales of $130.90 []

State Street Corp boosted its holdings in Landec Co. (NASDAQ:LNDC) by 9.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 531,633 shares of the basic materials companys stock after acquiring an additional 44,409 shares during the quarter. State Street Corp []

Optimistic About Landec's Strategic Initiatives And Sodium Hyaluronate Products

The company failed to meet earnings expectations, causing a sharp sell-off.

Landec Corporation (LNDC) CEO Albert Bolles on Q1 2022 Results - Earnings Call Transcript

Landec (LNDC) delivered earnings and revenue surprises of -109.09% and 0.42%, respectively, for the quarter ended August 2021. Do the numbers hold clues to what lies ahead for the stock?

SANTA MARIA, Calif., Sept. 29, 2021 (GLOBE NEWSWIRE) -- Landec Corporation (Nasdaq: LNDC), a diversified health and wellness company with two operating businesses, Lifecore Biomedical, Inc. and Curati

Landec (LNDC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Activist activity could serve as a potential catalyst event, helping realize intrinsic value.

Landec Corporation (LNDC) CEO Albert Bolles on Q4 2021 Results - Earnings Call Transcript