Insider Buying: Jcp Investment Management, Llc Acquires 15,000 Shares of BAB Stock (BABB)
BAB (NASDAQ:BABB) major shareholder Jcp Investment Management, Llc purchased 15,000 shares of the stock on the open market in a transaction that occurred on Tuesday, September 10th. The shares were purchased at an average price of $0.88 per share, for a total transaction of $13,200.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
BAB (NASDAQ:BABB) remained flat at $0.90 during during mid-day trading trading on Thursday. BAB has a 52-week low of $0.51 and a 52-week high of $0.95. The stock has a 50-day moving average of $0.82 and a 200-day moving average of $0.75. The company has a market cap of $6.5 million and a price-to-earnings ratio of 32.14.
The company also recently announced a quarterly dividend, which is scheduled for Friday, October 4th. Shareholders of record on Friday, September 20th will be paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 4.44%.
BAB, Inc is engaged in the manufacturing and retailing of bakery and daily baked bagels, flavored cream cheeses, coffees, gourmet bagel sandwiches and other related products.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.