Insider Selling: Zoe's Kitchen Insider Sells 310,000 Shares of Stock (ZOES)
Zoe's Kitchen (NASDAQ:ZOES) Insider Dollarhyde Investment Group I sold 310,000 shares of the stock on the open market in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $30.25, for a total transaction of $9,377,500.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
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 1-year low of $23.73 and a 1-year high of $35.59. The stock has a 50-day moving average of $29.94 and a 200-day moving average of $29.40. The company’s market cap is $569.0 million.
Zoe's Kitchen (NASDAQ:ZOES) last issued its quarterly earnings data on Thursday, June 5th. The company reported ($0.02) earnings per share for the quarter, beating the analysts’ 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. Zoe's Kitchen’s revenue was up 47.5% compared to the same quarter last year. On average, analysts predict that Zoe's Kitchen will post $0.01 earnings per share 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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