Kona Grill Director Sells $1,758,000 in Stock (KONA)
Kona Grill (NASDAQ:KONA) Director James R. Jundt unloaded 100,000 shares of Kona Grill stock in a transaction that occurred on Wednesday, June 25th. The shares were sold at an average price of $17.58, for a total transaction of $1,758,000.00. Following the sale, the director now directly owns 696,611 shares in the company, valued at approximately $12,246,421. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Kona Grill (NASDAQ:KONA) traded up 1.02% during mid-day trading on Thursday, hitting $19.75. 33,653 shares of the company’s stock traded hands. Kona Grill has a one year low of $10.87 and a one year high of $24.68. The stock has a 50-day moving average of $20.22 and a 200-day moving average of $18.95. The company has a market cap of $170.1 million and a price-to-earnings ratio of 88.46.
Kona Grill (NASDAQ:KONA) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.03 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.03. The company had revenue of $27.60 million for the quarter, compared to the consensus estimate of $27.20 million. Analysts expect that Kona Grill will post $0.26 EPS for the current fiscal year.
Kona Grill, Inc (NASDAQ:KONA) owns and operates 24 upscale casual dining restaurants in 15 states, in the United States.
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