Casey's General Stores (CASY) CLO Lindsey Sells $1.6M of Stock
Chief Legal Officer Katrina Lindsey offloaded 2,000 shares of Casey's General Stores, Inc. in a transaction valued at $1.6 million.
Reviewed by automated data checks against the source filing. How we make and check alerts
Katrina Lindsey, Chief Legal Officer at Casey's General Stores, Inc. ($CASY), sold 2,000 shares at an average price of $800, worth about $1.60 million, on June 29, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $CASY is up 3.5% after 1 week, up 11.1% after 1 month and down 11.6% to date (from the $779.66 close on Jun 29, 2026).
CASY
Casey's General Stores, Inc.
Key Points
- Casey's General Stores, Inc. Chief Legal Officer Katrina Lindsey sold 2,000 shares on June 29, 2026, at an average price of $800.00 for a total value of $1.6 million.
- The stock recently traded around $778.21, sitting between its 52-week low of $497.38 and high of $927.85 with a P/E ratio of 28.18.
- Analyst coverage shows a consensus buy rating with a mean target price of $790.53 across 19 analysts.
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Casey's General Stores Insider Transaction
Casey's General Stores, Inc. (NasdaqGS: CASY) filed a report detailing an insider sale by Chief Legal Officer Katrina Lindsey. On June 29, 2026, Lindsey sold 2,000 shares of company stock at a price of $800.00 per share. The transaction carried a total value of $1,600,000.0.
Insider Buying and Selling at Casey's General Stores, Inc.
This filing follows earlier transactions by corporate insiders at Casey's General Stores. Lindsey executed another sale of 504 shares on June 30, 2026. Other recent insider actions include a purchase by Mike Spanos of 256 shares on June 26, 2026, for $199,375.36, and larger acquisitions earlier in June, such as CEO Darren Rebelez buying 54,486 shares on June 15, 2026.
Casey's General Stores Stock Performance
Casey's shares traded at $778.21 on Wednesday. The specialty retailer has a 52-week low of $497.38 and a 52-week high of $927.85. The company holds a market capitalization of $21.63 billion and a P/E ratio of 28.18, with a forward P/E ratio of 24.96.
Recent Earnings Overview
For investors tracking fundamentals, Casey's reported annual revenue of $18.67 billion with a revenue growth rate of 24.3%. The company posted earnings per share of $20.77, alongside a net margin of 4.14% and a return on equity of 19.98%. The next earnings release is scheduled for December 8, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
8 analysts raised price targets.
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EPS & revenue
EPS beat estimates by 30.0%. Revenue beat estimates by 4.2%.
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Profit surprise
EBITDA missed by 24 percent. Operating income missed by 37 percent.
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Pre-earnings setup
Expectations were about average.
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Analyst signal
8 target raises.
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Earnings quality
Gross margin up 2.8 points. Operating margin down 1.3 points. Positive free cash flow.
Earnings Call Summary
Casey's delivered a strong second quarter with revenue of $4.57 billion, up 14 percent year over year, driven by inside sales growth and fuel gallons. The company gained market share in fuel despite a regional decline of 2 percent, benefiting from strong prepared food sales, particularly whole pies and breakfast items. Inside margins improved 20 basis points to 42.4 percent, with prepared food margins of 58.6 percent. Management credited consistent execution, a strong guest value proposition, and improved cost management including lower cheese costs. Traffic increased 1.5 percent, and the company is on track with Cefco integration, planning store conversions to start in the new calendar year.
Guidance Casey's raised its full-year EBITDA growth outlook to 15 to 17 percent, up from prior expectations. Inside same-store sales are now guided to grow 3 to 4 percent, with inside margins expected to be 41 to 42 percent. The company also expects the tax rate to be 24 to 25 percent.
Slightly positive report. The quarter was acceptable, but the forward setup is not strong.
Dividend Metrics
Casey's pays an annual dividend rate of $2.60, giving the stock a dividend yield of 0.44%. The company maintains a conservative dividend payout ratio of 11.37%.
Analysts Set New Price Targets
Wall Street firms maintain an overall buy recommendation for Casey's General Stores, backed by 19 analyst opinions and a mean price target of $790.53. Recent rating updates include RBC Capital upgrading the stock to Outperform with an $825.00 target on October 15, 2026, and Evercore ISI Group maintaining an Outperform rating with a $775.00 target on September 11, 2026.
About Casey's General Stores, Inc.
Headquartered in Ankeny, Iowa, Casey's General Stores operates a large network of convenience stores across the United States. The company offers a wide selection of food items including freshly prepared pizza, bakery goods, and sandwiches, alongside beverages, fuel, and general merchandise through its retail locations and distribution centers.
What to Watch at Casey's General Stores, Inc.
Market participants will monitor upcoming SEC filings and executive transaction reports for further shifts in insider ownership. The next major financial update will arrive with the company's earnings report in December 2026.
Related Filing Alerts
Source: Katrina Lindsey's Form 4 filing on $CASY (Jun 29, 2026). Find the original filing: CASY Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts