On November 11, 2024, Robert Montgomery, Director at The Simply Good Foods Co (SMPL, Financial), executed a sale of 2,500 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 54,065 shares of the company.
The Simply Good Foods Co, known for its focus on nutritional foods and snack products, has seen a variety of insider trading activities over the past year, predominantly in the form of sales. The insider transaction history for the company shows no insider buys but 15 insider sells over the last twelve months.
Shares of The Simply Good Foods Co were priced at $36.41 on the day of the transaction, positioning the company with a market cap of approximately $3.679 billion. The price-earnings ratio stands at 26.60, which is above the industry median of 18.31.
The stock is currently assessed as Modestly Undervalued with a GF Value of $41.67, indicating a price-to-GF-Value ratio of 0.87. This valuation is derived from historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from analysts.
Robert Montgomery's recent sale is part of a broader trend of insider sales at The Simply Good Foods Co, which could be of interest to investors monitoring insider behaviors and company valuation metrics.
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.
