Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Simply Good Foods Co shares valued at $2,886,229 were sold by KRAFT TIMOTHY RICHARD on Nov 18 ’24. At $37.60 per share, KRAFT TIMOTHY RICHARD sold 76,761 shares. The insider’s holdings dropped to 40,068 shares worth approximately $1.34 million following the completion of this transaction.
Also, KRAFT TIMOTHY RICHARD purchased 76,761 shares, netting a total of over 2,840,157 in proceeds.
Before that, Ratzan Brian K. had sold 50,000 shares from its account. In a trade valued at $1,869,005, the Director traded Simply Good Foods Co shares for $37.38 each. Upon closing the transaction, the insider’s holdings decreased to 50,000 shares, worth approximately $68.37 million.
As published in their initiating research note from Morgan Stanley on March 24, 2025, Simply Good Foods Co [SMPL] has been an Equal-weight and the price target has been revised to $36. Analysts at TD Cowen started covering the stock with ‘”a Hold”‘ outlook in a report released in late April. As of January 02, 2024, Deutsche Bank has decreased its “Buy” rating to a “Hold” for SMPL. Earlier on December 08, 2023, DA Davidson initiated its rating. Their recommendation was “a Neutral” for SMPL stock.
Analyzing SMPL Stock Performance
During the last five days, there has been a drop of approximately -0.09%. Over the course of the year, Simply Good Foods Co shares have dropped approximately -14.42%. Shares of the company reached a 52-week high of $40.01 on 01/27/25 and a 52-week low of $32.61 on 01/16/25. A 50-day SMA is recorded $36.21, while a 200-day SMA reached $35.65.
Support And Resistance Levels for Simply Good Foods Co (SMPL)
According to the 24-hour chart, there is a support level at 33.10, which, if violated, would cause prices to drop to 32.83. In the upper region, resistance lies at 33.65. The next price resistance is at 33.93. RSI (Relative Strength Index) is 33.71 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.95, which suggests the price will decrease in the coming days. Percent R is at 84.13%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
