Insider Selling: Diversified Restaurant Holdings COO Sells 1,500 Shares of Stock (BAGR)
Diversified Restaurant Holdings (NASDAQ:BAGR) COO Jason Curtis sold 1,500 shares of the company’s stock on the open market in a transaction that occurred on Monday, October 21st. The stock was sold at an average price of $7.10, for a total value of $10,650.00. Following the sale, the chief operating officer now directly owns 911,000 shares of the company’s stock, valued at approximately $6,468,100. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Diversified Restaurant Holdings (NASDAQ:BAGR) traded up 2.58% during mid-day trading on Wednesday, hitting $7.15. The stock had a trading volume of 15,649 shares. Diversified Restaurant Holdings has a 52 week low of $3.50 and a 52 week high of $8.58. The stock has a 50-day moving average of $6.49 and a 200-day moving average of $6.25. The company’s market cap is $186.6 million.
Diversified Restaurant Holdings (NASDAQ:BAGR) last posted its quarterly earnings results on Thursday, August 15th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by $0.01. The company had revenue of $27.00 million for the quarter, compared to the consensus estimate of $27.03 million. Analysts expect that Diversified Restaurant Holdings will post $0.04 EPS for the current fiscal year.
Diversified Restaurant Holdings, Inc (NASDAQ:BAGR) is the owner, operator and franchisor of the full-service restaurant and bar Bagger Dave’s Legendary Burger Tavern (Bagger Dave’s) and a Buffalo Wild Wings (BWW) franchisee.
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