FLO's Chief Brand Officer Mark Courtney Acquires Shares

Mark Courtney purchased 25,980 shares of FLO on June 15, 2026.

Key Points

  • Mark Courtney, FLO's Chief Brand Officer, bought 25,980 shares on June 15, 2026.
  • FLO's stock is trading at $7.70 with recent analyst ratings maintaining a hold or sell stance.
  • Institutional investors like BlackRock and State Street have adjusted their holdings in FLO.

Mark Courtney, the Chief Brand Officer of FLO, recently purchased 25,980 shares of the company on June 15, 2026. This insider buying activity comes as FLO's stock trades at around $7.70.

Other Institutional Activity in FLO

Several institutional investors have made changes to their positions in FLO. BlackRock, Inc. reduced its holdings by 762,981 shares, leaving it with about 20,018,422 shares valued at approximately $163.2 million. In contrast, State Street Corp significantly increased its stake by adding 2,261,180 shares, bringing its total to 11,967,607 shares worth around $97.5 million. Fuller & Thaler Asset Management, Inc. also added to its position with an increase of 351,157 shares, totaling 11,348,812 shares valued at nearly $92.5 million. Meanwhile, Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both initiated new positions, each holding over 8.7 million shares.

FLO Stock Snapshot

FLO's shares are currently trading near $7.70. The stock has seen varied institutional interest, with some funds increasing their stakes while others have reduced theirs. Analyst ratings for FLO have recently been maintained with a mix of hold and sell recommendations.

Insider Buying and Selling at FLO

In addition to Mark Courtney's purchase, Diego Anthony Scaglione, FLO's Chief Financial Officer, bought 5,000 shares on June 8, 2026, at an average price of $7.51. Meanwhile, Thomas Caldecot Chubb III engaged in multiple transactions, selling and buying shares in late May and early June.

Analysts Set New Price Targets

Analysts have maintained their ratings on FLO with recent updates. On May 18, 2026, Stephens & Co. maintained a hold rating with an $8.00 price target. Earlier, on April 9, 2026, BNP Paribas reiterated a sell rating with the same target. Deutsche Bank, on March 30, 2026, also maintained its hold rating with a $7.00 target.

Bottom Line

Mark Courtney's recent purchase of FLO shares highlights his confidence in the company. While institutional investors have mixed positions, analysts have largely maintained their ratings. These insider and institutional activities offer insights into the stock's potential direction, though they should be considered as part of a broader investment analysis.

See Also

This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.