Bridgford Allan Jr. Acquires More Shares of Bridgford Foods
Recent insider buying at Bridgford Foods sees Bridgford Allan Jr. adding to his stake.
Key Points
- Bridgford Allan Jr. bought 67 shares of Bridgford Foods at $6.95 per share on June 16, 2026.
- Bridgford Foods has a market cap of about $63.9 million, with shares trading near $7.04.
- Institutional investors like Private Management Group added 3,258 shares, while Northern Trust cut 545 shares.
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Bridgford Allan Jr. recently bought 67 shares of Bridgford Foods Corporation, listed on NasdaqGM under the ticker BRID. The purchase took place on June 16, 2026, at an average price of $6.95 per share, totaling $465.65. This transaction was not part of a pre-arranged trading plan.
Insider Buying and Selling at Bridgford Foods Corporation
In addition to the June 16 purchase, Bridgford Allan Jr. has been actively buying shares. He acquired 687 shares on June 17, 2026, and 70 shares on June 12, 2026, at prices of $6.95 and $6.99, respectively. Another insider, Richard Eugene Bridgford, bought 150 shares at $6.95 on June 15, 2026. CFO Cindy Matthews-Morales also purchased 500 shares on the same day at $6.86 each.
Other Institutional Activity in Bridgford Foods
Institutional investors have also been active in Bridgford Foods. Private Management Group Inc. increased its holdings by 3,258 shares, bringing its total to 82,298 shares valued at approximately $613,120. In contrast, Northern Trust Corp reduced its position by 545 shares, leaving it with 24,487 shares worth about $186,101. Dimensional Fund Advisors LP slightly trimmed its holdings by 4 shares, maintaining 174,714 shares valued at around $1,301,619.
Bridgford Foods Corporation Stock Up 13.5%
Shares of Bridgford Foods (NasdaqGM:BRID) recently traded near $7.04. The company has a market capitalization of about $63.9 million and a beta of -0.177, indicating low volatility compared to the market. The stock's 52-week range is between $6.57 and $8.74, with a 50-day moving average of $7.51 and a 200-day moving average of $7.70. Bridgford Foods has a current ratio of 2.41 and a quick ratio of 0.88, with a debt-to-equity ratio of 20.29.
Recent Earnings
Bridgford Foods reported revenue of $233.16 million, reflecting a growth rate of 11.4%. Despite this, the company has a negative net margin of -6.1% and a return on equity of -12.15%, indicating it is not currently profitable. The next earnings report is expected on August 21, 2025.
About Bridgford Foods
Bridgford Foods Corporation, headquartered in Dallas, Texas, manufactures and distributes frozen and snack food products in the United States. The company operates through two segments: Frozen Food Products and Snack Food Products. Its offerings include biscuits, bread dough, roll dough, dry sausage, and beef jerky, along with non-refrigerated snacks. Founded in 1932, Bridgford Foods serves both retail and food service markets.
Bottom Line
Bridgford Allan Jr.'s recent purchases highlight ongoing insider interest in Bridgford Foods, despite the company's current lack of profitability. Institutional investors are also actively adjusting their positions, signaling varied confidence levels. As always, remember that insider and institutional activities offer insights but are not definitive indicators of future performance.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.
