Armistice Capital LLC Takes Position in The Simply Good Foods Company $SMPL

Posted by Stanley Muller on Jun 18th, 2026

Armistice Capital LLC purchased a new position in The Simply Good Foods Company (NASDAQ:SMPL – Free Report) in the fourth quarter, Holdings Channel reports. The fund purchased 536,000 shares of the financial services provider’s stock, valued at approximately $10,763,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of Simply Good Foods by 2.4% in the 4th quarter. Vanguard Group Inc. now owns 10,631,429 shares of the financial services provider’s stock valued at $213,479,000 after acquiring an additional 249,405 shares during the last quarter. Tudor Investment Corp ET AL lifted its stake in Simply Good Foods by 468.7% during the third quarter. Tudor Investment Corp ET AL now owns 208,385 shares of the financial services provider’s stock worth $5,172,000 after purchasing an additional 171,745 shares during the last quarter. Bessemer Group Inc. boosted its holdings in Simply Good Foods by 230.7% in the fourth quarter. Bessemer Group Inc. now owns 690,863 shares of the financial services provider’s stock worth $13,873,000 after purchasing an additional 481,952 shares during the period. New Age Alpha Advisors LLC boosted its holdings in Simply Good Foods by 2,413.6% in the fourth quarter. New Age Alpha Advisors LLC now owns 173,414 shares of the financial services provider’s stock worth $3,482,000 after purchasing an additional 166,515 shares during the period. Finally, Connors Investor Services Inc. increased its stake in Simply Good Foods by 211.0% during the fourth quarter. Connors Investor Services Inc. now owns 188,915 shares of the financial services provider’s stock valued at $3,793,000 after purchasing an additional 128,175 shares during the last quarter. 88.45% of the stock is owned by institutional investors.

Simply Good Foods Stock Performance

Shares of SMPL opened at $12.14 on Thursday. The Simply Good Foods Company has a 1 year low of $10.21 and a 1 year high of $34.19. The company has a market cap of $1.10 billion, a price-to-earnings ratio of -10.20 and a beta of 0.17. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.87 and a current ratio of 5.06. The firm has a fifty day moving average of $12.15 and a 200-day moving average of $15.76.

Simply Good Foods (NASDAQ:SMPL – Get Free Report) last released its quarterly earnings data on Thursday, April 9th. The financial services provider reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.05. The business had revenue of $326.01 million for the quarter, compared to analysts’ expectations of $345.08 million. Simply Good Foods had a negative net margin of 7.46% and a positive return on equity of 9.72%. The company’s revenue for the quarter was down 9.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.46 EPS. As a group, equities analysts anticipate that The Simply Good Foods Company will post 1.54 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. UBS Group reduced their price target on shares of Simply Good Foods from $13.00 to $12.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 2nd. Mizuho set a $19.00 price objective on shares of Simply Good Foods in a research report on Monday, May 4th. BTIG Research started coverage on shares of Simply Good Foods in a research note on Monday, April 13th. They set a “neutral” rating on the stock. Stephens restated an “equal weight” rating and issued a $14.00 target price (down from $24.00) on shares of Simply Good Foods in a research note on Friday, April 10th. Finally, DA Davidson reaffirmed a “neutral” rating and set a $39.00 target price on shares of Simply Good Foods in a report on Friday, April 10th. Three equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $17.80.

Check Out Our Latest Research Report on SMPL

Insider Activity

In other news, Director James M. Kilts bought 80,000 shares of the firm’s stock in a transaction on Thursday, April 23rd. The stock was purchased at an average price of $12.39 per share, for a total transaction of $991,200.00. Following the transaction, the director owned 172,854 shares in the company, valued at approximately $2,141,661.06. This trade represents a 86.16% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Clayton C. Daley, Jr. purchased 10,000 shares of the company’s stock in a transaction on Thursday, May 14th. The stock was purchased at an average price of $11.78 per share, for a total transaction of $117,800.00. Following the purchase, the director directly owned 111,743 shares of the company’s stock, valued at $1,316,332.54. This trade represents a 9.83% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 8.76% of the stock is currently owned by corporate insiders.

Simply Good Foods Profile

(Free Report)

Simply Good Foods Co (NASDAQ: SMPL) is a North American consumer packaged foods company specializing in better-for-you nutrition products. The company’s portfolio centers on two well-established brands, Atkins and Quest, which offer a range of low-carbohydrate, high-protein bars, powders, shakes, and snacks. Simply Good Foods aims to support consumers’ health and wellness goals by delivering convenient, nutrient-dense options without added sugars or artificial sweeteners.

Under the Atkins brand, the company produces meal replacements, snack bars, and ready-to-drink shakes designed for low-carb dieters.