State Farm Mutual Automobile Insurance Reduces $21M in The Magnum Ice Cream Company N.V. ($MICC)

Key Points

  • State Farm Mutual Automobile Insurance changed its The Magnum Ice Cream Company N.V. ($MICC) stake by 85.5% last quarter, cutting to 199,618 shares worth $3.60 million.
  • $MICC last traded around $18.03.

State Farm Mutual Automobile Insurance reduced its position in The Magnum Ice Cream Company N.V. ($MICC) by 85.5% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 199,618 shares of The Magnum Ice Cream Company N.V. after selling 1,177,932 shares during the quarter. State Farm Mutual Automobile Insurance's holdings in The Magnum Ice Cream Company N.V. were worth $3.60 million as of its most recent filing.

The Magnum Ice Cream Company N.V. ($MICC) Stock

Last price$18.03
Market cap$10.98B
P/E ratio32.58
Forward P/E13.99
PEG ratio0.77
52-week low$12.94
52-week high$19.93
50-day MA$15.23
200-day MA$15.74
Current ratio1.02
Quick ratio0.72
Debt-to-equity5.40

The Magnum Ice Cream Company N.V. Earnings

EPS (ttm)$0.55
Revenue (ttm)$7.91B
Revenue growth-4.1%
Net margin3.7%
Return on equity17.9%
Next earningsApr 30, 2026

Analysts Set New Price Targets

Average target$17.52
High target$19.80
Low target$15.10
Analysts covering4

About The Magnum Ice Cream Company N.V.

The Magnum Ice Cream Company N.V. engages in the ice cream business in the Netherlands. The company offers its products under the Magnum, Ben & Jerry's, Cornetto, and Wall's brands. It also operates in rest of Europe, North America, South America, Africa, Asia, the Middle East, Australia, and New Zealand. The company was incorporated in 2025 and is headquartered in Amsterdam, the Netherlands.

ExchangeNYSE
SectorConsumer Defensive
IndustryPackaged Foods
HeadquartersAmsterdam, Netherlands
CEOMr. Peter Frank Ter Kulve
Employees15,399

See Also

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