The Fresh Market (NASDAQ:TFM) operates as a specialty food retailer in the United States.
Insider buying during the last 30 days
Here is a table of The Fresh Market's insider activity during the last 30 days.
|Name||Title||Trade Date||Shares Purchased||Current Ownership||Increase In Shares|
|David Rea||Director||April 1||3,000||9,863 shares||+43.7%|
|Craig Carlock||CEO||March 28||20,000||218,349 shares||+10.1%|
|Jeffrey Naylor||Director||March 27||8,000||14,863 shares||+116.6%|
There have been 31,000 shares purchased by insiders during the last 30 days.
Insider buying by calendar month
Here is a table of The Fresh Market's insider activity by calendar month.
|Month||Insider buying / shares||Insider selling / shares|
There have been 32,000 shares purchased, and there have been 10,000 shares sold by insiders since January 2013. The month of March 2014 has seen the most insider buying.
The Fresh Market reported the fiscal 2013 full-year, which ended January 26, financial results on March 6 with the following highlights:
|Net income||$50.8 million|
The three insiders purchased their shares after these results.
The Fresh Market's fiscal 2014 guidance is as follows:
|Comparable store sales growth||1.5%-3.5%|
The company expects adjusted earnings for the first quarter of $0.41 to $0.44 per diluted share.
|Qtrly Rev Growth (yoy):||0.15||0.10||0.27|
|PEG (5 yr expected):||1.37||1.87||2.39|
The Fresh Market has the lowest P/S ratio among these three companies.
Here is a table of these competitors' insider activities this year.
|Company||Insider buying / shares||Insider selling / shares|
Only The Fresh Market has seen intensive insider buying during the last 30 days.
There have been three different insiders buying The Fresh Market, and there have not been any insiders selling The Fresh Market during the last 30 days. All three of these insiders increased their holdings by more than 10%. The Fresh Market has an insider ownership of 20.52%.
The three insiders purchased their shares at prices ranging from $32.99 to $34.35. I believe The Fresh Market could be a good pick below $34.35 based on the intensive insider buying.
Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in TFM over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.