Media coverage about Ingles Markets (NASDAQ:IMKTA) has been trending somewhat positive recently, Accern reports. The research group identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ingles Markets earned a news sentiment score of 0.17 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 48.183343563754 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news stories that may have impacted Accern Sentiment’s analysis:
- Ingles Markets (IMKTA) Stock Rating Upgraded by BidaskClub (americanbankingnews.com)
- ETFs with exposure to Ingles Markets, Inc. : December 15, 2017 (finance.yahoo.com)
- Ingles Markets (IMKTA): The Perfect Mix of Value and Rising Earnings Estimates? (finance.yahoo.com)
- Ingles Markets, Incorporated Reports Sales and Net Income for Fourth Quarter and Fiscal Year 2017 (eprretailnews.com)
- Ingles Markets, Inc. :IMKTA-US: Earnings Analysis: Q4, 2017 By the Numbers : December 11, 2017 (finance.yahoo.com)
Several analysts have weighed in on IMKTA shares. Zacks Investment Research raised Ingles Markets from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 4th. BidaskClub raised Ingles Markets from a “hold” rating to a “buy” rating in a research note on Tuesday, December 12th.
In other news, Director Sharp Laura Ingle sold 5,000 shares of Ingles Markets stock in a transaction on Tuesday, September 26th. The stock was sold at an average price of $24.97, for a total transaction of $124,850.00. Following the transaction, the director now owns 2,500 shares in the company, valued at $62,425. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 30.30% of the company’s stock.
Ingles Markets Company Profile
Ingles Markets, Incorporated (Ingles) is a supermarket chain in the southeast United States. The Company’s segments include retail grocery and other. Its other segment consists of fluid dairy operations and shopping center rentals. As of September 24, 2016, the Company operated 201 supermarkets in Georgia, North Carolina, South Carolina, Tennessee, Virginia and Alabama.
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