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Bridgford Foods Corp. (NASDAQ:BRID) consultant Allan Linley Bridgford Jr. has increased his stake in the company with a recent purchase of common stock. The timing is notable as the stock has declined 14% in the past week and trades near its 52-week low of $7.77. According to a recent SEC filing, Bridgford acquired 600 shares on March 28, 2025, at a price of $8.33 per share, amounting to a total investment of $4,998. This acquisition brings Bridgford’s total holdings to 44,600 shares. The transaction reflects ongoing engagement and investment in the company by Bridgford, who serves as a consultant rather than a director or officer. While the company maintains strong liquidity with a current ratio of 5.05, InvestingPro analysis suggests the stock is currently undervalued, with additional ProTips available for subscribers regarding the company’s market positioning and financial health.
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