Deutsche Bank AG Takes $2.34 Million Position in The Simply Good Foods Company $SMPL

Deutsche Bank AG bought a new position in shares of The Simply Good Foods Company (NASDAQ:SMPL) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 176,258 shares of the financial services provider’s stock, valued at approximately $2,341,000.

Other institutional investors have also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC boosted its holdings in shares of Simply Good Foods by 125.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 967 shares of the financial services provider’s stock valued at $31,000 after buying an additional 538 shares in the last quarter. Leonteq Securities AG grew its position in shares of Simply Good Foods by 96.2% in the 1st quarter. Leonteq Securities AG now owns 2,309 shares of the financial services provider’s stock valued at $33,000 after buying an additional 1,132 shares during the last quarter. Hantz Financial Services Inc. raised its stake in Simply Good Foods by 82.3% during the 4th quarter. Hantz Financial Services Inc. now owns 1,787 shares of the financial services provider’s stock worth $36,000 after acquiring an additional 807 shares in the last quarter. Johnson Financial Group Inc. acquired a new stake in Simply Good Foods during the 3rd quarter worth $36,000. Finally, Parallel Advisors LLC lifted its position in Simply Good Foods by 167.4% in the fourth quarter. Parallel Advisors LLC now owns 2,126 shares of the financial services provider’s stock valued at $43,000 after acquiring an additional 1,331 shares during the last quarter. Hedge funds and other institutional investors own 88.45% of the company’s stock.

Trending Headlines about Simply Good Foods

Here are the key news stories impacting Simply Good Foods this week:

• Neutral Sentiment: Options-market activity shows sharply higher implied volatility for SMPL, signaling expectations for larger-than-usual price swings but not indicating a definite direction. Implied Volatility Surging for Simply Good Foods Stock Options
• Negative Sentiment: TD Cowen lowered its price target for The Simply Good Foods Company from $13 to $11 and maintained a “hold” rating, reflecting reduced expectations despite the revised target remaining above the recent trading level. TD Cowen Lowers Simply Good Foods Price Target
• Negative Sentiment: Several law firms announced or promoted a securities class action against SMPL and certain officers. The lawsuits generally cover investors who bought shares between October 24, 2024, and April 8, 2026, with an October 13, 2026 deadline to seek lead-plaintiff status. The allegations include material misstatements or omissions regarding the OWYN acquisition and integration. The claims have not been proven, but the litigation creates legal, financial and reputational risks. SMPL Securities Fraud Lawsuit Deadline
• Negative Sentiment: Investor notices highlight the company’s reported impairment charges—described in the filings as totaling roughly $187 million to $200 million—following the OWYN deal, alongside a stock decline of more than 27% over the alleged disclosure period. This reinforces concerns about acquisition execution, earnings quality and management credibility. SMPL Shareholder Alert

Simply Good Foods Trading Down 3.1%

Shares of Simply Good Foods stock opened at $10.21 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 3.10 and a current ratio of 4.80. The company has a market capitalization of $903.18 million, a P/E ratio of -4.71 and a beta of 0.15. The Simply Good Foods Company has a 1 year low of $9.88 and a 1 year high of $29.32. The company’s fifty day moving average is $11.63 and its two-hundred day moving average is $12.92.

Simply Good Foods (NASDAQ:SMPL) last announced its earnings results on Thursday, July 9th. The financial services provider reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.07. Simply Good Foods had a negative net margin of 14.28% and a positive return on equity of 9.34%. The business had revenue of $356.98 million during the quarter, compared to analysts’ expectations of $332.99 million. During the same period in the prior year, the company earned $0.51 earnings per share. The business’s revenue was down 6.3% compared to the same quarter last year. Analysts forecast that The Simply Good Foods Company will post 1.54 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have issued reports on SMPL. Weiss Ratings restated a “sell (d)” rating on shares of Simply Good Foods in a research note on Thursday, June 18th. Mizuho set a $19.00 target price on Simply Good Foods in a research report on Monday, May 4th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $14.00 target price on shares of Simply Good Foods in a report on Friday, July 10th. Sanford C. Bernstein cut Simply Good Foods from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $17.00 to $12.00 in a research report on Wednesday, June 3rd. Finally, UBS Group set a $15.00 target price on Simply Good Foods in a research report on Friday, July 10th. Three equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Simply Good Foods currently has a consensus rating of “Hold” and an average target price of $14.45.

Simply Good Foods Profile

Simply Good Foods Co (NASDAQ: SMPL) is a North American consumer packaged foods company specializing in better-for-you nutrition products. The company’s portfolio centers on two well-established brands, Atkins and Quest, which offer a range of low-carbohydrate, high-protein bars, powders, shakes, and snacks. Simply Good Foods aims to support consumers’ health and wellness goals by delivering convenient, nutrient-dense options without added sugars or artificial sweeteners.

Under the Atkins brand, the company produces meal replacements, snack bars, and ready-to-drink shakes designed for low-carb dieters.