Insider Selling: Private Equity Iv L. Brentwood Sells 4,492,332 Shares of Zoe's Kitchen Stock (ZOES)
Zoe's Kitchen (NASDAQ:ZOES) Director Private Equity Iv L. Brentwood sold 4,492,332 shares of the stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $30.25, for a total value of $135,893,043.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of Zoe's Kitchen (NASDAQ:ZOES) traded down 1.93% during mid-day trading on Thursday, hitting $30.94. The stock had a trading volume of 433,154 shares. Zoe's Kitchen has a one year low of $23.73 and a one year high of $35.59. The stock’s 50-day moving average is $29.94 and its 200-day moving average is $29.40. The company’s market cap is $569.0 million.
Zoe's Kitchen (NASDAQ:ZOES) last announced its earnings results on Thursday, June 5th. The company reported ($0.02) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.03) by $0.01. The company had revenue of $46.30 million for the quarter, compared to the consensus estimate of $44.68 million. The company’s quarterly revenue was up 47.5% on a year-over-year basis. Analysts expect that Zoe's Kitchen will post $0.01 EPS for the current fiscal year.
Zoe’s Kitchen, Inc is a restaurant serving Mediterranean dishes delivered with Southern hospitality. The Company offers a differentiated menu of Mediterranean cuisine with several Southern staples; extending Southern hospitality with personality, including food delivered to the table; providing an inviting, cosmopolitan, casual-chic environment in its restaurants; and delivering a catering experience for business and social events.
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