Denny’s Corporation (NASDAQ:DENN) EVP F Mark Wolfinger sold 16,006 shares of Denny’s stock in a transaction dated Thursday, December 7th. The stock was sold at an average price of $13.31, for a total value of $213,039.86. Following the sale, the executive vice president now directly owns 682,697 shares of the company’s stock, valued at $9,086,697.07. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

F Mark Wolfinger also recently made the following trade(s):

  • On Tuesday, December 5th, F Mark Wolfinger sold 9,414 shares of Denny’s stock. The stock was sold at an average price of $13.64, for a total value of $128,406.96.
  • On Tuesday, November 28th, F Mark Wolfinger sold 10,000 shares of Denny’s stock. The stock was sold at an average price of $13.07, for a total value of $130,700.00.
  • On Friday, November 17th, F Mark Wolfinger sold 10,000 shares of Denny’s stock. The stock was sold at an average price of $12.57, for a total value of $125,700.00.

Shares of Denny’s Corporation (NASDAQ DENN) traded down $0.01 during mid-day trading on Friday, reaching $13.27. The company had a trading volume of 284,900 shares, compared to its average volume of 330,922. The firm has a market cap of $866.96, a PE ratio of 23.30 and a beta of 0.57. Denny’s Corporation has a 1 year low of $10.87 and a 1 year high of $14.25. The company has a debt-to-equity ratio of -2.95, a current ratio of 0.40 and a quick ratio of 0.36.

Denny’s (NASDAQ:DENN) last issued its quarterly earnings results on Wednesday, November 1st. The restaurant operator reported $0.14 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.14. The firm had revenue of $132.38 million for the quarter, compared to analysts’ expectations of $133.58 million. Denny’s had a negative return on equity of 52.30% and a net margin of 7.21%. The firm’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.13 EPS. equities research analysts predict that Denny’s Corporation will post 0.55 earnings per share for the current year.

A number of brokerages have issued reports on DENN. TheStreet raised Denny’s from a “c+” rating to a “b-” rating in a report on Monday, October 16th. Zacks Investment Research downgraded Denny’s from a “hold” rating to a “sell” rating in a report on Tuesday, November 7th. Finally, BidaskClub downgraded Denny’s from a “sell” rating to a “strong sell” rating in a report on Saturday, August 26th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $12.67.

A number of hedge funds have recently modified their holdings of the stock. Rice Hall James & Associates LLC increased its position in Denny’s by 1.0% during the 2nd quarter. Rice Hall James & Associates LLC now owns 16,066 shares of the restaurant operator’s stock worth $189,000 after purchasing an additional 161 shares during the period. Aperio Group LLC grew its holdings in shares of Denny’s by 5.1% in the 2nd quarter. Aperio Group LLC now owns 26,741 shares of the restaurant operator’s stock worth $315,000 after acquiring an additional 1,298 shares during the period. Voya Investment Management LLC grew its holdings in shares of Denny’s by 5.6% in the 2nd quarter. Voya Investment Management LLC now owns 46,184 shares of the restaurant operator’s stock worth $544,000 after acquiring an additional 2,460 shares during the period. BW Gestao de Investimentos Ltda. grew its holdings in shares of Denny’s by 7.1% in the 2nd quarter. BW Gestao de Investimentos Ltda. now owns 41,721 shares of the restaurant operator’s stock worth $491,000 after acquiring an additional 2,750 shares during the period. Finally, PNC Financial Services Group Inc. grew its holdings in shares of Denny’s by 68.3% in the 2nd quarter. PNC Financial Services Group Inc. now owns 9,957 shares of the restaurant operator’s stock worth $116,000 after acquiring an additional 4,041 shares during the period. Hedge funds and other institutional investors own 91.53% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “Denny’s Corporation (DENN) EVP Sells $213,039.86 in Stock” was first posted by American Banking News and is owned by of American Banking News. If you are accessing this piece of content on another domain, it was illegally stolen and republished in violation of U.S. and international trademark and copyright law. The legal version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/12/08/dennys-corporation-denn-evp-sells-213039-86-in-stock.html.

About Denny’s

Denny’s Corporation (Denny’s) operates a franchised full-service restaurant chain. The Company, through its subsidiary, Denny’s, Inc, owns and operates the Denny’s brand. As of December 28, 2016, the Denny’s brand consisted of 1,733 franchised, licensed and Company-operated restaurants around the world, including 1,610 restaurants in the United States and 123 international locations.

Insider Buying and Selling by Quarter for Denny`s (NASDAQ:DENN)

Receive News & Ratings for Denny's Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Denny's Corporation and related companies with MarketBeat.com's FREE daily email newsletter.