A Director at SpartanNash Co (NASDAQ: SPTN) is Selling Shares

By Carrie Williams

Today, a Director at SpartanNash Co (NASDAQ: SPTN), Hawthorne Proctor, sold shares of SPTN for $166.4K.

In addition to Hawthorne Proctor, 36 other SPTN executives reported Sell trades in the last month.

Based on SpartanNash Co’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $1.83 billion and quarterly net profit of $12.62 million. In comparison, last year the company earned revenue of $1.77 billion and had a net profit of $16.44 million. The company has a one year high of $40.38 and a one year low of $25.29. SPTN’s market cap is $1.22B and the company has a P/E ratio of 21.44.

The insider sentiment on SpartanNash Co has been negative according to 82 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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SpartanNash Co. engages in the distribution of grocery products to military commissaries in the U.S. It operates its business through the following segments: Military, Food Distribution, and Retail. The Military segment sells and distributes grocery products primarily to U.S. military commissaries and exchanges. The Food Distribution segment distributes groceries to independent and corporate owned grocery retailers using multi-platform sales approach. The Retail segment operates retail supermarkets in the Midwest, which operate under banners of Family Fare Supermarkets, No Frills, Bag ‘N Save, Family Fresh Markets, D&W Fresh Markets, Sun Mart and Econo Foods. The company was founded on November 19, 2013 and is headquartered in Grand Rapids, MI.