Famous Dave’s of America, Inc. (NASDAQ:DAVE) major shareholder Bandera Partners Llc bought 21,629 shares of Famous Dave’s of America stock in a transaction dated Monday, August 14th. The stock was purchased at an average cost of $3.45 per share, for a total transaction of $74,620.05. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Bandera Partners Llc also recently made the following trade(s):

  • On Thursday, August 10th, Bandera Partners Llc bought 17,708 shares of Famous Dave’s of America stock. The stock was purchased at an average cost of $3.45 per share, for a total transaction of $61,092.60.
  • On Monday, July 17th, Bandera Partners Llc bought 120 shares of Famous Dave’s of America stock. The stock was purchased at an average cost of $3.45 per share, for a total transaction of $414.00.
  • On Tuesday, July 18th, Bandera Partners Llc bought 8,502 shares of Famous Dave’s of America stock. The stock was purchased at an average cost of $3.45 per share, for a total transaction of $29,331.90.
  • On Monday, June 19th, Bandera Partners Llc bought 8,040 shares of Famous Dave’s of America stock. The stock was purchased at an average cost of $3.45 per share, for a total transaction of $27,738.00.
  • On Thursday, June 15th, Bandera Partners Llc bought 250,353 shares of Famous Dave’s of America stock. The stock was purchased at an average cost of $3.50 per share, for a total transaction of $876,235.50.

Famous Dave’s of America, Inc. (DAVE) traded up 11.43% on Tuesday, reaching $3.90. 122,363 shares of the company traded hands. Famous Dave’s of America, Inc. has a 1-year low of $3.38 and a 1-year high of $6.60. The stock has a 50 day moving average of $3.55 and a 200-day moving average of $4.21. The stock’s market capitalization is $27.13 million.

Famous Dave’s of America (NASDAQ:DAVE) last posted its earnings results on Monday, August 14th. The restaurant operator reported $0.16 EPS for the quarter, beating the Zacks’ consensus estimate of $0.09 by $0.07. Famous Dave’s of America had a negative net margin of 4.59% and a positive return on equity of 1.13%. The company had revenue of $25.30 million for the quarter, compared to analysts’ expectations of $26.06 million. During the same quarter in the prior year, the company posted $0.17 earnings per share. Famous Dave’s of America’s revenue for the quarter was down 8.8% compared to the same quarter last year. On average, equities analysts anticipate that Famous Dave’s of America, Inc. will post ($0.09) EPS for the current year.

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Hedge funds and other institutional investors have recently bought and sold shares of the stock. Renaissance Technologies LLC boosted its position in Famous Dave’s of America by 5.9% in the fourth quarter. Renaissance Technologies LLC now owns 316,300 shares of the restaurant operator’s stock worth $1,566,000 after buying an additional 17,700 shares during the last quarter. Perkins Capital Management Inc. boosted its position in Famous Dave’s of America by 27.1% in the first quarter. Perkins Capital Management Inc. now owns 157,600 shares of the restaurant operator’s stock worth $615,000 after buying an additional 33,600 shares during the last quarter. Raging Capital Management LLC boosted its position in Famous Dave’s of America by 14.9% in the first quarter. Raging Capital Management LLC now owns 617,715 shares of the restaurant operator’s stock worth $2,378,000 after buying an additional 80,098 shares during the last quarter. Finally, Bandera Partners LLC boosted its position in Famous Dave’s of America by 31.0% in the second quarter. Bandera Partners LLC now owns 1,093,265 shares of the restaurant operator’s stock worth $3,936,000 after buying an additional 258,893 shares during the last quarter. 60.54% of the stock is currently owned by institutional investors.

Separately, Zacks Investment Research raised shares of Famous Dave’s of America from a “strong sell” rating to a “hold” rating in a research note on Friday, May 19th.

About Famous Dave’s of America

Famous Dave’s of America, Inc (Famous Dave’s) operates restaurants. The Company’s restaurants, which offer full table service, feature wood-smoked and off-the-grill entree favorites that fit into the barbeque category. It has the Company-owned and franchise-operated restaurants in the United States, the Commonwealth of Puerto Rico, and Canada, and it operates within the industry segment of foodservice.

Insider Buying and Selling by Quarter for Famous Dave`s of America (NASDAQ:DAVE)

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