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In recent transactions filed with the SEC, Allan Bridgford Jr., a consultant for Bridgford Foods Corp (NASDAQ:BRID), purchased shares of the company. On March 28, 2025, Bridgford acquired 100 shares at a price of $8.34 each. This was followed by another purchase on March 31, 2025, where he bought an additional 300 shares at the same price per share. The total value of these transactions amounted to $3,336. The timing is notable as the stock trades near its 52-week low of $7.77, down 12.34% in the past week. According to InvestingPro analysis, the company’s shares currently appear undervalued.
These acquisitions increased Bridgford’s holdings to 45,000 shares of Bridgford Foods. The purchases were made directly, reflecting a growing personal stake in the company. With a market capitalization of $73.52 million and a price-to-book ratio of 0.58, the company maintains strong liquidity with a current ratio of 5.05. InvestingPro subscribers can access 8 additional key insights about BRID’s financial health and market position. Bridgford Foods, known for its prepared meat products, continues to be a focus for Bridgford Jr. as he consolidates his investment in the firm.
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