Director Brian Ratzan Sells 30,768 Shares of The Simply Good Foods Co (SMPL)
Brian Ratzan, a director at The Simply Good Foods Co, executed a sale of 30,768 shares in the company on January 4, 2024, according to a recent SEC Filing. The Simply Good Foods Co is a consumer packaged goods company that develops, markets, and sells nutrition bars, ready-to-drink shakes, snacks, and confectionery products under the Atkins, SimplyProtein, and Quest brands.
Over the past year, the insider has sold a total of 495,901 shares and has not made any purchases of the company's stock.
Insider Trends
The transaction history for insiders at The Simply Good Foods Co indicates a pattern of 2 insider buys and 13 insider sells over the past year.
Valuation
On the day of the insider's recent transaction, shares of The Simply Good Foods Co were priced at $42.73, resulting in a market capitalization of $4.101 billion.
The company's price-earnings ratio stands at 31.13, surpassing the industry median of 18.68, yet falling below the historical median price-earnings ratio for the company.
With the current share price at $42.73 and a GuruFocus Value of $42.23, The Simply Good Foods Co's price-to-GF-Value ratio is 1.01, indicating that the stock is Fairly Valued in relation to its GF Value.
The GF Value is a proprietary intrinsic value estimate from GuruFocus, which is derived from:
Historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow.
An adjustment factor based on the company's historical returns and growth.
Projected business performance from Morningstar analysts.
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.
This article first appeared on GuruFocus.
