General Mills (GIS) CEO Jeffrey Harmening Sells $151K of Stock

Insider Buying and Selling at General Mills, Inc.

On June 28, 2026, Jeffrey Harmening, the Chairman and CEO of General Mills, Inc. (NYSE: GIS), sold 4,187 shares of the company at a price of $36.01 per share. This transaction totaled approximately $150,774. The sale reflects Harmening's decision to liquidate part of his holdings in the company, although it does not indicate any planned selling strategy.

Other Insiders Also Sold

On the same day, several other executives at General Mills sold shares as well. Elizabeth Mascolo, the Segment President, sold 598 shares valued at $21,534. Chief Supply Chain Officer Ness Jonathan David sold 480 shares for about $17,285. Ricardo Fernandez, another Segment President, sold 1,167 shares worth $42,024. CFO Kofi Bruce sold 3,881 shares valued at $139,754, while General Counsel Karen Wilson sold 2,082 shares for approximately $74,973. COO Dana Mcnabb also sold 1,410 shares, totaling $50,774. Each of these transactions happened on June 28, 2026.

How General Mills, Inc. Stock Has Traded

General Mills' stock closed at $38.01 on the day the trades were reported, which is above the average price at which many insiders sold their shares. The stock has fluctuated between a 52-week low of $31.75 and a high of $51.33. This selling activity comes as the company navigates various market conditions, and it may affect investor sentiment in the near term.

Analysts Set New Price Targets

Analysts have mixed views on General Mills. On September 25, 2026, Barclays maintained an Equal-Weight rating with a target price of $37.00, while RBC Capital reiterated an Outperform rating with a target of $45.00 on September 24, 2026. TD Cowen maintained a Hold rating with a target of $33.00. The consensus among 18 analysts suggests a hold recommendation with a mean target price close to $37.67.

What General Mills, Inc. Does

General Mills, Inc. is a major player in the consumer food industry, producing a wide range of branded food products. The company operates in various segments, including North America Retail and International markets. This recent insider selling may be noteworthy as it comes amid broader industry trends and potential shifts in consumer behavior.

What’s Next for General Mills

Investors will be looking closely at General Mills' upcoming earnings report scheduled for September 23, 2026. The recent insider sales, including Harmening's, highlight how executives are managing their stakes in the company, but it's essential to remember that these transactions are disclosed after they occur. As always, the 13F filings reflect past positions and may not represent current holdings.