Famous Dave’s Of Ame Insider Patrick Walsh Sells 322,309 Shares (DAVE)
Famous Dave’s Of Ame (NASDAQ:DAVE) Insider Patrick Walsh sold 322,309 shares of Famous Dave’s Of Ame stock on the open market in a transaction that occurred on Thursday, June 12th. The stock was sold at an average price of $33.49, for a total value of $10,794,128.41. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Separately, analysts at Zacks downgraded shares of Famous Dave’s Of Ame from an “outperform” rating to a “neutral” rating in a research note on Wednesday, April 16th. They now have a $30.00 price target on the stock.
Shares of Famous Dave’s Of Ame (NASDAQ:DAVE) traded down 5.35% on Thursday, hitting $32.56. 208,198 shares of the company’s stock traded hands. Famous Dave’s Of Ame has a 1-year low of $12.11 and a 1-year high of $34.70. The stock’s 50-day moving average is $29.9 and its 200-day moving average is $24.47. The company has a market cap of $233.0 million and a P/E ratio of 50.29.
Famous Dave’s Of Ame (NASDAQ:DAVE) last posted its quarterly earnings results on Wednesday, April 23rd. The company reported $0.07 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.16 by $0.09. The company had revenue of $35.70 million for the quarter, compared to the consensus estimate of $36.66 million. During the same quarter in the prior year, the company posted $0.01 earnings per share. The company’s quarterly revenue was down 2.5% on a year-over-year basis. Analysts expect that Famous Dave’s Of Ame will post $0.97 EPS for the current fiscal year.
Famous Dave’s of America, Inc (NASDAQ:DAVE) operates restaurants.
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