Ingles MarketsIMKTA
Market Cap: $1.37B
About: Ingles Markets Inc is a U.S.-based company that is principally engaged in operating a supermarket chain. The company operates the business in the southeast United States, mainly in Georgia, North Carolina, South Carolina, and Tennessee, with a few stores in Virginia and Alabama as well. The company locates its stores majorly in suburban areas, small towns, and neighborhood areas. It offers a broad range of goods, including food products, pharmacies, health and beauty care products, and general merchandise. The retail business contributes the majority of the company's revenue. The company's real estate ownership of a material portion of total stores enables it to generate rental income.
Employees: 26,420
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
96% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 48
11% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 27
2% more funds holding
Funds holding: 197 [Q1] → 200 (+3) [Q2]
0.21% more ownership
Funds ownership: 83.88% [Q1] → 84.1% (+0.21%) [Q2]
10% less capital invested
Capital invested by funds: $934M [Q1] → $838M (-$96.2M) [Q2]
51% less call options, than puts
Call options by funds: $322K | Put options by funds: $659K
Research analyst outlook
We haven’t received any recent analyst ratings for IMKTA.