SVP and Chief HR Officer Susan Hunsberger Sells 35,010 Shares of The Simply Good Foods Co
On January 11, 2024, Susan Hunsberger, SVP and Chief HR Officer of The Simply Good Foods Co (NASDAQ:SMPL), executed a sale of 35,010 shares of the company. The transaction was filed with the SEC and can be found through this 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. The company operates under various brands, including Atkins and Quest, which are distributed across North America and internationally.
According to the data, the insider has sold a total of 35,010 shares over the past year and has not made any purchases of the company's stock during that time.
The insider transaction history for The Simply Good Foods Co indicates a pattern of more insider selling than buying over the past year, with 2 insider buys and 15 insider sells recorded.
On the valuation front, The Simply Good Foods Co's shares were priced at $40.63 on the day of the insider's recent transaction, resulting in a market capitalization of $4.163 billion.
The company's price-earnings ratio stands at 31.85, which is above the industry median of 18.68 but below the company's historical median price-earnings ratio.
With the current share price of $40.63 and a GuruFocus Value of $41.09, The Simply Good Foods Co has a price-to-GF-Value ratio of 0.99, indicating that the stock is Fairly Valued according to the GF Value metric.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor related to the company's past performance, and future business performance estimates provided by 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.
