On November 14, 2024, Brian Ratzan, Director at The Simply Good Foods Co (SMPL, Financial), executed a sale of 50,000 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 2,049,387 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 transactions over the past year. Notably, there have been zero insider buys and 17 insider sells during this period. Over the past year, Brian Ratzan has sold a total of 330,768 shares and has not purchased any shares.
Shares of The Simply Good Foods Co were priced at $37.38 on the day of the transaction. The company currently holds a market cap of approximately $3.74 billion. The price-earnings ratio stands at 27.04, which is above the industry median of 18.09.
The stock is considered Modestly Undervalued with a GF Value of $41.67, leading to a price-to-GF-Value ratio of 0.9. The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates.
This insider sale could be of interest to investors tracking insider behaviors and the valuation metrics of The Simply Good Foods Co. The transaction details and the company's valuation context provide a snapshot of current insider and market activities.
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.
