Ruby Tuesday Inc. (RT) Director Buys $20,063.40 in Stock
Ruby Tuesday Inc. (NYSE:RT) Director Jeffrey J. O’neill bought 7,140 shares of the firm’s stock in a transaction on Wednesday, October 12th. The shares were purchased at an average price of $2.81 per share, for a total transaction of $20,063.40. Following the completion of the transaction, the director now owns 93,891 shares of the company’s stock, valued at approximately $263,833.71. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Ruby Tuesday Inc. (NYSE:RT) opened at 2.83 on Friday. The stock’s market capitalization is $169.21 million. Ruby Tuesday Inc. has a 52-week low of $2.08 and a 52-week high of $5.77. The firm’s 50-day moving average price is $2.80 and its 200-day moving average price is $3.75.
Ruby Tuesday (NYSE:RT) last released its earnings results on Thursday, October 6th. The company reported ($0.11) EPS for the quarter, hitting analysts’ consensus estimates of ($0.11). Ruby Tuesday had a negative return on equity of 0.30% and a negative net margin of 8.07%. The company had revenue of $256.70 million for the quarter. Equities analysts forecast that Ruby Tuesday Inc. will post $0.08 earnings per share for the current fiscal year.
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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in RT. Donald Smith & CO. Inc. boosted its stake in shares of Ruby Tuesday by 22.2% in the second quarter. Donald Smith & CO. Inc. now owns 5,461,572 shares of the company’s stock worth $19,716,000 after buying an additional 991,735 shares during the last quarter. BlackRock Fund Advisors boosted its stake in shares of Ruby Tuesday by 0.6% in the second quarter. BlackRock Fund Advisors now owns 4,037,648 shares of the company’s stock worth $14,576,000 after buying an additional 25,598 shares during the last quarter. Royce & Associates LP boosted its stake in shares of Ruby Tuesday by 4.0% in the second quarter. Royce & Associates LP now owns 2,251,947 shares of the company’s stock worth $8,130,000 after buying an additional 87,000 shares during the last quarter. State Street Corp boosted its stake in shares of Ruby Tuesday by 0.9% in the second quarter. State Street Corp now owns 1,216,598 shares of the company’s stock worth $4,393,000 after buying an additional 10,767 shares during the last quarter. Finally, Greenwood Investments Inc. boosted its stake in shares of Ruby Tuesday by 6.0% in the second quarter. Greenwood Investments Inc. now owns 884,296 shares of the company’s stock worth $3,192,000 after buying an additional 50,000 shares during the last quarter. 86.81% of the stock is currently owned by institutional investors.
About Ruby Tuesday
Ruby Tuesday, Inc owns and operates Ruby Tuesday casual dining and Lime Fresh Mexican Grill (Lime Fresh) casual restaurants. The Company also franchises the Ruby Tuesday concept in selected domestic and international markets, and the Lime Fresh concept in selected domestic markets. Its segments include Ruby Tuesday concept and Lime Fresh concept.
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