Here’s Who Just Picked Up Bravo Brio Restaurant Group Inc. (NASDAQ:BBRG) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC),...
Stay Ahead of the
Stock Market Game!
Subscribe to Small Cap
Exclusive for more

trending

Here's Who Just Picked Up Natera Inc. (NASDAQ:NTRA) ...
Petros Pharma (PTPI) to launch an OTC Erectile dysfu...
MLTX Stock Price is so consistent, can it go higher?...

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Bravo Brio Restaurant Group Inc. (NASDAQ:BBRG) reported that Tac Capital Llc. has picked up 2,200,459 of common stock as of 2017-03-14.

The acquisition brings the aggregate amount owned by Tac Capital Llc. to a total of 2,200,459 representing a 14.5% stake in the company.

For those not familiar with the company, Bravo Brio Restaurant Group, Inc. is the owner and operator of approximately two Italian restaurant brands, including BRAVO! Cucina Italiana (BRAVO!) and BRIO Tuscan Grille (BRIO). The Company operates approximately 120 restaurants in over 30 states. Additionally, approximately one BRIO restaurant is operated under a franchise agreement. It has over 110 operating locations, owns approximately four locations, of which over 100 are located adjacent to or in lifestyle centers and shopping malls, and over 10 are free-standing units. Its reward programs, called MyBRAVO Rewards and MyBRIO Rewards, are designed to reward guests for their continuous dining at its restaurants. Its guests can download a MyBRAVO/MyBRIO! Rewards mobile application, register their cards at BRAVO! and BRIO locations or online at www.myBRAVOReward.com or www.myBRIOReward.com. It also operates approximately one full-service American-French bistro restaurant in Columbus, Ohio under the brand Bon Vie.

A glance at Bravo Brio Restaurant Group Inc. (NASDAQ:BBRG)’s key stats reveals a current market capitalization of 78.89 Million based on 15.14 Million shares outstanding and a price at last close of $4.80 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2016-09-27, Tac picked up 8,572 at a purchase price of $4.50. This brings their total holding to 2,200,459 as of the date of the filing.

On the sell side, the most recent transaction saw Siegler unload 1,718 shares at a sale price of $4.75. This brings their total holding to 7,130.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Bravo Brio Restaurant Group Inc. (NASDAQ:BBRG) as things move forward to see if its progress aligns with these transactions.

Subscribe below and we’ll keep you on top of what’s happening before it moves markets.

 

 

 

Stay in the lopp :

Hyatt Hotels Corporation (NYSE:H) is Attracti...
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Hyatt Hotels Corporation (NYSE:H) reported that MHR Fund Management has
Hillstream BioPharma HILS Stock Price is cons...

HILS Stock Price has been trying to recover since it’s February high of $4.

Wondering why this stock is

EVITRADE Health Systems (EVA-CNX) Signs Defin...

View the original article here.

Vancouver, British Columbia <a href="https://www.fscwire.com" target="_blank"

related post

Skip to content