Smart (NYSE:SFS) SVP Michael A. Mortensen sold 9,652 shares of the firm’s stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $8.86, for a total value of $85,516.72. Following the sale, the senior vice president now owns 30,863 shares in the company, valued at $273,446.18. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Shares of Smart (SFS) traded down $0.70 during trading on Wednesday, reaching $8.80. 650,300 shares of the company were exchanged, compared to its average volume of 530,971. The stock has a market cap of $695.67, a price-to-earnings ratio of 33.93, a PEG ratio of 5.23 and a beta of 0.62. Smart has a 1 year low of $5.80 and a 1 year high of $15.45. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.92 and a quick ratio of 0.29.

A number of equities research analysts have recently commented on SFS shares. Morgan Stanley dropped their target price on Smart from $7.50 to $7.00 and set an “underweight” rating on the stock in a research report on Thursday, November 16th. Wells Fargo & Company started coverage on Smart in a research report on Friday, November 3rd. They set an “outperform” rating and a $9.00 target price on the stock. Deutsche Bank dropped their target price on Smart from $12.00 to $10.00 and set a “buy” rating on the stock in a research report on Thursday, November 16th. Loop Capital dropped their target price on Smart from $15.00 to $11.00 and set a “buy” rating on the stock in a research report on Thursday, November 16th. Finally, Zacks Investment Research cut Smart from a “hold” rating to a “sell” rating in a research report on Tuesday, November 21st. Three analysts have rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $11.23.

Institutional investors have recently modified their holdings of the stock. Aperio Group LLC purchased a new position in Smart in the 2nd quarter valued at about $125,000. Highbridge Capital Management LLC purchased a new position in Smart in the 3rd quarter valued at about $140,000. JPMorgan Chase & Co. purchased a new position in Smart in the 3rd quarter valued at about $150,000. Trexquant Investment LP purchased a new position in Smart in the 2nd quarter valued at about $157,000. Finally, California Public Employees Retirement System purchased a new position in Smart in the 2nd quarter valued at about $165,000.

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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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