Bridgford Foods Co. (NASDAQ:BRID) Insider Buys $11,050.00 in Stock

Bridgford Foods Co. (NASDAQ:BRID) insider Allan Jr. Bridgford acquired 1,000 shares of the company’s stock in a transaction that occurred on Thursday, September 14th. The shares were acquired at an average price of $11.05 per share, with a total value of $11,050.00. Following the acquisition, the insider now owns 40,000 shares in the company, valued at $442,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Allan Jr. Bridgford also recently made the following trade(s):

• On Thursday, September 7th, Allan Jr. Bridgford bought 4,000 shares of Bridgford Foods stock. The shares were bought at an average cost of $11.11 per share, with a total value of $44,440.00.
• On Wednesday, August 30th, Allan Jr. Bridgford purchased 1,048 shares of Bridgford Foods stock. The stock was bought at an average cost of $11.59 per share, for a total transaction of $12,146.32.
• On Monday, August 28th, Allan Jr. Bridgford acquired 2,000 shares of Bridgford Foods stock. The stock was bought at an average cost of $11.52 per share, with a total value of $23,040.00.
• On Wednesday, August 23rd, Allan Jr. Bridgford purchased 2,876 shares of Bridgford Foods stock. The shares were bought at an average cost of $11.57 per share, with a total value of $33,275.32.

Bridgford Foods Trading Down 2.0 %

BRID opened at $11.00 on Tuesday. The company has a quick ratio of 2.14, a current ratio of 4.16 and a debt-to-equity ratio of 0.02. The stock’s fifty day moving average is $11.63 and its two-hundred day moving average is $12.20. The company has a market capitalization of $99.88 million, a P/E ratio of 2.22 and a beta of -0.52. Bridgford Foods Co. has a 52 week low of $10.03 and a 52 week high of $15.38.

Hedge Funds Weigh In On Bridgford Foods

Several institutional investors have recently made changes to their positions in the company. Neuberger Berman Group LLC lifted its stake in Bridgford Foods by 18.5% in the first quarter. Neuberger Berman Group LLC now owns 74,751 shares of the company’s stock worth $814,000 after acquiring an additional 11,652 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Bridgford Foods by 1.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 181,186 shares of the company’s stock valued at $2,171,000 after purchasing an additional 3,084 shares in the last quarter. Finally, Northern Trust Corp lifted its position in shares of Bridgford Foods by 10.9% in the 2nd quarter. Northern Trust Corp now owns 18,764 shares of the company’s stock worth $216,000 after purchasing an additional 1,847 shares during the period. Hedge funds and other institutional investors own 5.05% of the company’s stock.

Bridgford Foods Company Profile

Bridgford Foods Corporation, together with its subsidiaries, manufactures, markets, and distributes frozen, refrigerated, and snack food products in the United States. It operates in two segments, Frozen Food Products and Snack Food Products. The company primarily offers biscuits, bread dough items, roll dough items, and dry sausage and beef jerky products.