Smart (NYSE:SFS) SVP Michael A. Mortensen sold 9,652 shares of the stock in a transaction on Friday, December 1st. The shares were sold at an average price of $8.86, for a total value of $85,516.72. Following the completion of the transaction, the senior vice president now directly owns 30,863 shares in the company, valued at approximately $273,446.18. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Smart (NYSE SFS) traded down $0.70 during midday trading on Tuesday, reaching $8.80. 650,384 shares of the company’s stock traded hands, compared to its average volume of 530,971. The company has a current ratio of 0.92, a quick ratio of 0.29 and a debt-to-equity ratio of 1.11. Smart has a twelve month low of $5.80 and a twelve month high of $15.45. The stock has a market capitalization of $666.38, a price-to-earnings ratio of 32.50, a price-to-earnings-growth ratio of 5.01 and a beta of 0.62.

SFS has been the subject of several analyst reports. Citigroup restated a “neutral” rating and set a $8.50 price target (down from $10.00) on shares of Smart in a research report on Friday, August 11th. BidaskClub lowered shares of Smart from a “hold” rating to a “sell” rating in a research report on Tuesday, August 8th. J P Morgan Chase & Co initiated coverage on shares of Smart in a research report on Tuesday. They set a “neutral” rating and a $9.00 price target for the company. ValuEngine lowered shares of Smart from a “hold” rating to a “sell” rating in a research report on Friday, November 17th. Finally, Zacks Investment Research lowered shares of Smart from a “hold” rating to a “sell” rating in a research report on Tuesday, November 21st. Four research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $11.23.

A number of hedge funds and other institutional investors have recently bought and sold shares of SFS. Credit Suisse AG boosted its holdings in shares of Smart by 0.4% during the first quarter. Credit Suisse AG now owns 46,587 shares of the company’s stock worth $563,000 after purchasing an additional 193 shares during the period. Schwab Charles Investment Management Inc. boosted its holdings in shares of Smart by 1.0% during the second quarter. Schwab Charles Investment Management Inc. now owns 100,397 shares of the company’s stock worth $914,000 after purchasing an additional 1,030 shares during the period. Goldman Sachs Group Inc. boosted its holdings in shares of Smart by 2.2% during the second quarter. Goldman Sachs Group Inc. now owns 79,948 shares of the company’s stock worth $728,000 after purchasing an additional 1,690 shares during the period. Keybank National Association OH boosted its holdings in shares of Smart by 2.9% during the second quarter. Keybank National Association OH now owns 82,700 shares of the company’s stock worth $753,000 after purchasing an additional 2,327 shares during the period. Finally, Wells Fargo & Company MN boosted its holdings in shares of Smart by 61.9% during the third quarter. Wells Fargo & Company MN now owns 30,480 shares of the company’s stock worth $239,000 after purchasing an additional 11,652 shares during the period.

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Smart Company Profile

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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