On November 8, 2024, Brian Ratzan, Director at The Simply Good Foods Co (SMPL, Financial), executed a sale of 33,517 shares of the company. The transaction was filed on the same day through an SEC Filing. Following this transaction, the insider now owns 2,165,870 shares of The Simply Good Foods Co.
The Simply Good Foods Co, known for its focus on nutritional foods and snacks, including the popular Atkins brand, operates within the consumer packaged goods industry. The company's products are designed to provide nutritious options for consumers seeking healthy lifestyle choices.
Over the past year, Brian Ratzan has sold a total of 214,285 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend observed over the last year, where there have been 12 insider sells and no insider buys at The Simply Good Foods Co.
Shares of The Simply Good Foods Co were trading at $36.29 on the day of the sale, positioning the company with a market cap of approximately $3.631 billion. The price-earnings ratio of the stock stands at 25.85, which is above the industry median of 18.16.
According to the GF Value, The Simply Good Foods Co has a current price-to-GF-Value ratio of 0.87, indicating that the stock is Modestly Undervalued. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.
This insider sale might draw the attention of current and potential investors, especially considering the company's valuation and the ongoing trends in insider transactions.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
