Insider Selling: The Real Good Food Company, Inc. (NASDAQ:RGF) Major Shareholder Sells 1,746 Shares of Stock

Strand Equity Partners Iii, Ll, a majority shareholder in Real Good Food Company, Inc. (NASDAQ: RGF – Get Rating), sold 1,746 shares in the company in a transaction that took place on Thursday, December 29. The shares sold for an average of $6.52, and the total trading value he had was $11,383.92. After the transaction, insiders now directly own 38,302 shares of the Company’s stock valued at approximately $249,729.04. The sale was disclosed in documents filed with the Securities and Exchange Commission, which can be accessed at this link. A major shareholder who owns at least his 10% of the company’s shares is required to disclose the sale to the SEC.

Strand Equity Partners Iii, Ll also recently completed the following transactions:

• On Tuesday, December 27, Strand Equity Partners III, Ll sold 171 shares of Real Good Food. The shares sold at an average price of $6.60 for a total of $1,128.60.
• On Friday, December 23rd, Strand Equity Partners III, Ll sold 1,180 shares of Real Good Food. The shares sold for an average of $6.62 for a total of $7,811.60.

Real Good Food Trading Down 2.0%

Real Good Food shares fell $0.13 in Thursday’s intraday trading to reach $6.37. The company’s trading volume was his 21,950 shares, and his average trading volume was 19,928 shares. Real Good Food Company, Inc. has a 12-month low of $5.60 and a 12-month high of $8.47. The stock has a 50-day moving average price of $6.88 and a 200-day moving average price of $6.76. The company has a current ratio of 2.39, a quick ratio of 1.01 and a debt to equity ratio of 29.98.

Real Good Food (NASDAQ:RGF – Get Rating) last reported quarterly results on Monday, November 14th. The company reported his earnings per share (EPS) for the quarter ($0.51), missing consensus expectations ($0.19) ($0.32). Real Good Food’s return on equity was 275.19% and net profit margin was 15.90%. The company posted revenue of $37.55 million for the quarter, compared to analyst estimates of $40.13 million. Research analysts expect The Real Good Food Company, Inc. to post an EPS of -0.66 this year.

institution inflow and outflow

Several hedge funds and other institutional investors have recently changed positions in the company. Advisor Group Holdings Inc. increased his Real Good Food stock position by 70.3% in the first quarter. Advisor Group Holdings Inc. now owns 4,558 shares worth $36,000 after acquiring an additional 1,882 of his shares last quarter. Citadel Advisors LLC increased his stake in Real Good Food by 1.3% in the second quarter. Citadel Advisors LLC now owns 219,208 shares of the company worth $1,541,000 after purchasing an additional 2,891 of his shares during the previous quarter. Blair William & Co. IL increased its stake in Real Good Food by 9.4% in the first quarter. Blair William & Co. IL now owns 56,780 shares worth $449,000 after purchasing an additional 4,861 shares during the previous quarter. Northern Trust Corporation increased its stake in Real Good Food by 304.3% in the first quarter. Northern Trust Corporation now owns 10,286 shares worth $81,000 after purchasing an additional 7,742 shares last quarter. Finally, Renaissance Technologies LLC purchased a new position in Real Good Food’s stock for $82,000 in the first quarter. Institutional investors own 16.21% of the company’s shares.

Real Good Food Company Profile

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The Real Good Food Company, Inc, through its subsidiary Real Good Foods, LLC, operates as a health and wellness focused frozen food company in the United States. The company develops, manufactures and markets foods designed with high-protein, low-sugar, gluten-free and grain-free ingredients.

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