The Fresh Market (TFM), specialty retailer focused on creating an extraordinary food shopping experience for its customers, shares shot higher after Director Ray D. Berry bought $13.3 million worth of the specialty grocer stock at an average price of $30.47 each between May 29 and June 2, according to an SEC Form 4 filing.
Berry purchased 435,000 shares during this 3-day trading period, bringing his total to 2,070,481 indirect shares purchased by the Paiko Trust.
TFM is up 7.8% at $32.90 per share in afternoon Tuesday trading. Year-to-date, this stock is down 23%. Despite today’s pop, shares remain trading near the lower end of a 52-week price range of $28.60 – $57.16 per share.
Fresh Market, Inc. provides fresh, carefully selected, high-quality food products focused on perishable categories.
Price: 32.56 Price Change: +2.04 Percent Change: +6.68