Lionel F. Conacher Acquires 17,045 Shares of Better Choice Company Inc. (NASDAQ:BTTR) Stock

Better Choice Company Inc. (NASDAQ:BTTR) Director Lionel F. Conacher acquired 17,045 shares of the firm’s stock in a transaction that occurred on Tuesday, September 5th. The shares were bought at an average price of $6.97 per share, with a total value of $118,803.65. Following the acquisition, the director now directly owns 23,814 shares of the company’s stock, valued at $165,983.58. The trade was a 251.81 % increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Better Choice Price Performance

NASDAQ:BTTR opened at $2.39 on Friday. The company has a market capitalization of $4.62 million, a P/E ratio of -0.12 and a beta of 0.73. The business has a fifty day simple moving average of $2.02 and a two-hundred day simple moving average of $2.63. Better Choice Company Inc. has a 1 year low of $1.58 and a 1 year high of $16.28.

Wall Street Analyst Weigh In

Separately, ThinkEquity started coverage on shares of Better Choice in a research report on Monday, September 16th. They set a “buy” rating and a $10.00 target price for the company.

Institutional Investors Weigh In On Better Choice

An institutional investor recently bought a new position in Better Choice stock. Sanctuary Advisors LLC bought a new position in shares of Better Choice Company Inc. (NASDAQ:BTTR) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 14,823 shares of the company’s stock, valued at approximately $31,000. Sanctuary Advisors LLC owned 0.77% of Better Choice as of its most recent SEC filing. Institutional investors and hedge funds own 12.64% of the company’s stock.

Better Choice Company Profile

Better Choice Company Inc operates as a pet health and wellness company. Its products portfolio includes naturally formulated kibble and canned dog and cat foods, freeze-dried raw dog foods and treats, vegan dog foods and treats, oral care products and supplements, as well as toppers, dental products, and chews.