Insider Activity: Post Holdings (POST) Board Member Buys $13 Million in Stock
William P Stiritz, a member of the board of directors at Post Holdings (POST), bought 134,059 shares of the company’s common stock on Feb. 6. At $96.71 per share, Stiritz paid a total of $12,964,735 for the new shares.
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About Post Holdings Inc.
Post makes and sells cereals; egg products; refrigerated side dish, potato, and dairy items; and protein shakes, bars, and powders. Brands include Honey Bunches of Oats, Shredded Wheat, Raisin Bran, Simply Potatoes, PowerBar, and Bob Evans. Over 90% of sales are from the United States. Post has been an active acquirer since its 2012 spin-off, buying Michael Foods, MOM Brands, PowerBar, Weetabix, and Bob Evans, among others (while selling controlling interest in its private brands unit and exploring an IPO of part of its active nutrition segment). Post is the third-largest ready-to-eat cereal firm in the U.S., with 20% dollar share in 2018, according to Nielsen.