Insider Buying: One Group Hospitality Inc (STKS) Insider Buys 100,700 Shares of Stock

One Group Hospitality Inc (NASDAQ:STKS) insider David Kanen purchased 100,700 shares of the business’s stock in a transaction dated Friday, January 19th. The stock was bought at an average cost of $2.23 per share, with a total value of $224,561.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

David Kanen also recently made the following trade(s):

  • On Wednesday, January 17th, David Kanen purchased 3,700 shares of One Group Hospitality stock. The stock was bought at an average cost of $2.23 per share, with a total value of $8,251.00.
  • On Thursday, February 8th, David Kanen purchased 202 shares of One Group Hospitality stock. The stock was bought at an average cost of $2.23 per share, with a total value of $450.46.
  • On Monday, February 5th, David Kanen purchased 11,400 shares of One Group Hospitality stock. The stock was bought at an average cost of $2.20 per share, with a total value of $25,080.00.
  • On Wednesday, January 31st, David Kanen purchased 4,500 shares of One Group Hospitality stock. The stock was bought at an average cost of $2.22 per share, with a total value of $9,990.00.
  • On Monday, January 29th, David Kanen purchased 4,800 shares of One Group Hospitality stock. The stock was bought at an average cost of $2.22 per share, with a total value of $10,656.00.
  • On Friday, January 26th, David Kanen purchased 5,393 shares of One Group Hospitality stock. The stock was bought at an average cost of $2.22 per share, with a total value of $11,972.46.
  • On Monday, February 12th, David Kanen purchased 174,276 shares of One Group Hospitality stock. The stock was bought at an average cost of $2.23 per share, with a total value of $388,635.48.

One Group Hospitality Inc (NASDAQ STKS) traded up $0.04 during trading on Wednesday, hitting $2.30. The stock had a trading volume of 64,403 shares, compared to its average volume of 60,765. One Group Hospitality Inc has a 52-week low of $1.32 and a 52-week high of $2.64. The company has a quick ratio of 0.45, a current ratio of 0.51 and a debt-to-equity ratio of 2.66. The company has a market capitalization of $56.90, a price-to-earnings ratio of -2.88 and a beta of 1.00.

One Group Hospitality (NASDAQ:STKS) last posted its quarterly earnings results on Monday, November 13th. The restaurant operator reported ($0.04) EPS for the quarter. One Group Hospitality had a negative return on equity of 68.30% and a negative net margin of 25.48%. The company had revenue of $17.81 million during the quarter.

A hedge fund recently raised its stake in One Group Hospitality stock. Vanguard Group Inc. lifted its stake in One Group Hospitality Inc (NASDAQ:STKS) by 120.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 194,716 shares of the restaurant operator’s stock after acquiring an additional 106,242 shares during the period. Vanguard Group Inc. owned approximately 0.77% of One Group Hospitality worth $422,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 14.48% of the company’s stock.

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About One Group Hospitality

The ONE Group Hospitality, Inc, formerly Committed Capital Acquisition Corporation, is a hospitality company. The Company develops, owns and operates restaurants and lounges, and provides food and beverage services for hospitality venues, including hotels, casinos and other locations across the globe.

Insider Buying and Selling by Quarter for One Group Hospitality (NASDAQ:STKS)

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