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EdgarHawk

Ratzan Brian K.

Director

Director
3 filings analyzed · 1 company · Latest 2024-11-14

Companies

Company Buys Sells Direction
Simply Good Foods Co SMPL 0 4 Net selling

Activity

November 2024
2024-11-14 Simply Good Foods Co SMPL
high
Sell
50,000 shares
$1,869,005
Significance 6/10

Director Ratzan sold 50,000 SMPL shares at $37.38 on 2024-11-14, reducing holdings to 2,049,387 shares; part of pattern of 3 sales in 6 days.

Ratzan executed a sale of 50,000 shares at $37.38 on 2024-11-14, the third transaction in a 6-day window (prior sales on 2024-11-08 and 2024-11-06). The sale reduced his holdings by 50,000 shares (-2.4% vs pre-transaction holdings). His cross-ticker track record shows an 8-trade sell history with a 100.00% well-timed rate at the 90-day mark (average 90d return -15.8%), and at SMPL specifically, his 2 prior measurable sells (2024-01-04 and 2023-12-06) both declined by the 90-day mark (-23.7% and -15.8% respectively). The current price of $37.32 is -12.6% from the 52-week high but +9.1% over the past 30 days, placing the sale after a near-term rally. The clustering of three sales in early November warrants attention to whether additional disclosures or corporate actions are forthcoming.

2024-11-12 Simply Good Foods Co SMPL
high
Sell
66,483 shares
$2,412,096
Significance 7/10

Director Ratzan Brian K. sold 66,483 shares of SMPL at $36.28 (Nov 11), reducing stake by -3.1%; stock now -14.0% from 52-week high.

Ratzan sold 66,483 shares of Simply Good Foods Co at $36.28, bringing his post-transaction holdings to 2,099,387 shares, a -3.1% reduction from 2,165,870 shares. This sale occurred as the stock trades at $36.71, down -14.0% from its 52-week high of $42.69, though up +8.3% over the prior 30 days and +11.2% over 90 days. Ratzan's prior sales at SMPL show a 100% well-timed rate at the 90-day mark across 3 measurable sales, with all three resulting in negative subsequent returns (-11.3%, +2.2%, and +6.5% at 30 days, followed by -23.7%, -15.8%, and -13.9% at 90 days respectively). His cross-ticker sell history demonstrates a 100% well-timed rate with an average 90-day return of -15.8%, suggesting his sales have historically preceded stock declines. The company itself shows solid fundamentals with $334.8M in latest-quarter revenue, $41.3M net income, and +7.1% annual growth, trading at a P/E of 24.15.

2024-11-08 Simply Good Foods Co SMPL
high
Sell
33,517 shares
$1,216,481
Significance 6/10

Director Ratzan sells 33,517 SMPL shares for $1,216,480.74; 5 prior SMPL sales all well-timed at 90d.

Brian K. Ratzan executed 2 separate sales totaling 33,517 shares for $1,216,480.74 on 2024-11-06 and 2024-11-08 at a blended average price of $36.29, representing a 1.5% reduction in his 2.17M-share post-transaction holdings. His timing pattern at SMPL is notable: all 5 of his prior sales at this ticker were well-timed at the 90-day mark, with post-sale price declines ranging from -12.4% to -23.7%. The current stock is trading at $36.23, down 15.1% from its 52-week high of $42.69 but up 8.7% over the past 30 days and 11.2% over 90 days. The company shows solid fundamentals with $334.8M in latest-quarter revenue, $41.3M net income, 7.1% annual revenue growth, and a P/E of 23.84, though valuation sits above historical lows. Investors should monitor whether this sale, consistent with Ratzan's established pattern of well-timed exits at this ticker, signals renewed downside pressure in coming months.

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