Bridgford Allan JR. Purchases Shares of Bridgford Foods
Bridgford Allan JR. bought 687 shares of Bridgford Foods at $6.95 per share.
Key Points
- Bridgford Allan JR. bought 687 shares of Bridgford Foods at $6.95 each, totaling $4,774.65.
- Bridgford Foods trades on NasdaqGM with a market cap of about $63.9 million and a beta of -0.177.
- The company operates in the Consumer Defensive sector, manufacturing and distributing snack and frozen foods.
Bridgford Allan JR. recently acquired 687 shares of Bridgford Foods Corporation (NasdaqGM: BRID) on June 17, 2026. The shares were purchased at an average price of $6.95 each, amounting to a total transaction value of $4,774.65. This insider purchase was not planned under a prearranged trading plan.
Bridgford Foods Stock Snapshot
Shares of Bridgford Foods Corporation are currently trading around $7.04. The company, which has a market capitalization of approximately $63.9 million, operates in the Consumer Defensive sector, specifically within the Packaged Foods industry. Bridgford Foods has faced challenges, with a negative earnings per share of -$1.56, which means it isn't currently profitable and has no meaningful P/E ratio. The stock's 52-week range has seen a low of $6.57 and a high of $8.74, with a 50-day moving average of $7.51 and a 200-day moving average of $7.70.
Recent Earnings
In its latest financial results, Bridgford Foods reported revenues of $233.16 million with a revenue growth of 11.4%. However, the company is experiencing a net margin of -6.07% and a return on equity of -12.15%. These figures indicate that the company is currently operating at a loss. The next earnings report is expected on August 21, 2025.
About Bridgford Foods Corporation
Bridgford Foods Corporation, based in Dallas, Texas, is involved in the manufacturing, marketing, and distribution of frozen and snack food products across the United States. The company operates through two main segments: Frozen Food Products and Snack Food Products. Its offerings include biscuits, bread dough, roll dough items, dry sausage, and beef jerky, as well as non-refrigerated snack foods. Bridgford Foods sells its products to food service and retail customers through various distribution channels, including wholesalers and direct store delivery networks. The company was founded in 1932 and employs approximately 649 people.
Bottom Line
This insider purchase by Bridgford Allan JR. may suggest confidence in the company's future prospects, despite current financial challenges. Investors often watch insider transactions closely, as they can provide insights into the management's view of the company's potential. However, it's important to remember that this information reflects past transactions and may not indicate current or future performance.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
