Congress Asset Management Co. MA Increases Holdings in The Simply Good Foods Company (NASDAQ:SMPL)

Are you looking for some exciting news in the financial world? Well, look no further because Congress Asset Management Co. MA has increased its holdings in The Simply Good Foods Company by 9.5% during the 4th quarter! This move has certainly caught the attention of investors and analysts alike.

With a significant increase in shares owned and a total worth of $48,425,000, Congress Asset Management Co. MA is making a bold statement with their investment in Simply Good Foods. But they’re not the only ones showing interest in this company. Other institutional investors like Swiss National Bank, Charles Schwab Investment Management Inc., and State Board of Administration of Florida Retirement System have also been actively buying and selling shares of Simply Good Foods.

The price performance of Simply Good Foods has been closely watched, with shares trading at $36.42 on Friday. Analysts have set new price targets for the company, with some even giving it a “buy” rating. The recent quarterly earnings report showed promising results, with earnings per share beating expectations.

In terms of insider transactions, Director James D. White recently sold 4,000 shares of Simply Good Foods stock, further adding to the intrigue surrounding this company. With a strong profile in the consumer-packaged food and beverage industry, Simply Good Foods is definitely a company to keep an eye on.

If you’re interested in staying ahead of the curve in the financial world, make sure to follow MarketBeat for the latest news and updates on Simply Good Foods and other top-performing stocks. Who knows, you might just discover the next big investment opportunity!