Smart (NYSE:SFS) SVP Michael A. Mortensen sold 19,304 shares of the company’s stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $6.11, for a total value of $117,947.44. Following the sale, the senior vice president now owns 40,515 shares of the company’s stock, valued at $247,546.65. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Shares of Smart (NYSE:SFS) traded up $0.60 during mid-day trading on Friday, hitting $6.70. The stock had a trading volume of 752,842 shares, compared to its average volume of 458,650. The company has a market capitalization of $477.43, a price-to-earnings ratio of 20.81 and a beta of 0.25.

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Several analysts recently weighed in on SFS shares. TheStreet downgraded Smart from a “c-” rating to a “d+” rating in a research report on Tuesday, July 18th. BidaskClub upgraded Smart from a “sell” rating to a “hold” rating in a research report on Wednesday, August 2nd. Deutsche Bank AG restated a “buy” rating and set a $12.00 price objective (down from $14.00) on shares of Smart in a research report on Wednesday, July 26th. Zacks Investment Research upgraded Smart from a “hold” rating to a “buy” rating and set a $9.75 price objective for the company in a research report on Tuesday, August 1st. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $19.00 target price on shares of Smart in a report on Friday, July 21st. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $12.47.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Boston Partners grew its stake in Smart by 73.5% during the third quarter. Boston Partners now owns 929,980 shares of the company’s stock worth $7,301,000 after purchasing an additional 394,100 shares during the period. First Trust Advisors LP grew its stake in Smart by 74.3% during the third quarter. First Trust Advisors LP now owns 178,513 shares of the company’s stock worth $1,401,000 after purchasing an additional 76,069 shares during the period. Verition Fund Management LLC acquired a new stake in Smart during the second quarter worth approximately $173,000. Martin & Co. Inc. TN grew its stake in Smart by 57.8% during the second quarter. Martin & Co. Inc. TN now owns 235,090 shares of the company’s stock worth $2,139,000 after purchasing an additional 86,150 shares during the period. Finally, BlueCrest Capital Management Ltd acquired a new stake in Smart during the second quarter worth approximately $288,000.

About Smart

Smart & Final Stores, Inc is a food retailer. The Company is engaged in the business of selling fresh perishables and everyday grocery items, together with foodservice, packaging and janitorial products. The Company operates through two segments: Smart & Final, and Cash and Carry. The Smart & Final segment focuses on both household and business customers.

Insider Buying and Selling by Quarter for Smart (NYSE:SFS)

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