SpartanNashSPTN
Market Cap: $745M
About: SpartanNash Co is a food solutions company that delivers the ingredients. Its principal business activities include, distributing grocery products to a diverse group of independent and chain retailers, its corporate-owned retail stores, and U.S. military commissaries and exchanges; as well as operating a fresh produce distribution network and the Our Family private label brand. The company operates in two segments: Retail and Wholesale. Majority of the revenue is earned from its Wholesale segment which uses a multi-channel sales approach to distribute national brand and private brand products to independent retailers, national accounts, food service distributors, e-commerce providers, and the Company's corporate owned retail stores.
Employees: 17,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
56% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 25
7% more funds holding
Funds holding: 196 [Q1] → 210 (+14) [Q2]
5% more call options, than puts
Call options by funds: $2.29M | Put options by funds: $2.18M
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
9% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 77
3.76% less ownership
Funds ownership: 85.95% [Q1] → 82.19% (-3.76%) [Q2]
13% less capital invested
Capital invested by funds: $596M [Q1] → $518M (-$78.1M) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for SPTN.
Financial journalist opinion
Based on 7 articles about SPTN published over the past 30 days