Here’s Who Just Picked Up Famous Daves of America Inc. (NASDAQ:DAVE) 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

Exicure XCUR has been on fire lately, up almost 50% ...
Guess Who Cyclacel Pharmaceuticals Inc. (NASDAQ:CYCC...
Trevi Therapeutics TRVI Stock Price I called it once...

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Famous Daves Of America Inc. (NASDAQ:DAVE) reported that Pw Partners Atlas Fund Lp. has picked up 249,675  of common stock as of 2017-03-24.

The acquisition brings the aggregate amount owned by Pw Partners Atlas Fund Lp. to a total of 249,675 representing a 31.0% stake in the company.

For those not familiar with the company, 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. It operates approximately 179 Famous Dave’s restaurants in over 33 states, the Commonwealth of Puerto Rico and Canada, including over 44 the Company-owned restaurants and approximately 135 franchise-operated restaurants. Each restaurant features a selection of hickory-smoked and off-the-grill barbecue favorites, such as flame-grilled St. Louis-style and baby back ribs, Texas beef brisket, Georgia chopped pork, country-roasted chicken, and signature sandwiches and salads. Its restaurants offer side items, such as corn bread, potato salad, coleslaw, Shack Fries and Wilbur Beans.

A glance at Famous Daves Of America Inc. (NASDAQ:DAVE)’s key stats reveals a current market capitalization of 29.58 Million based on 6.96 Million shares outstanding and a price at last close of $4.20 per share.

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

Specifically, on 2016-07-21, Bandera picked up 68,640 at a purchase price of $5.00. This brings their total holding to 834,372 as of the date of the filing.

On the sell side, the most recent transaction saw Walsh unload 35,000 shares at a sale price of $4.52. This brings their total holding to 249,675.

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 Famous Daves of America Inc. (NASDAQ:DAVE) 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 :

GFAI Stock Price, a shocking look at this tre...

GFAI Stock Price has been trying to recover from it's horrible year and we might have some light at the end of the

CFGX Stock Price is consolidated and ready fo...

Capital Financial Global CFGX Stock Price has been trying to recover since it’s July high of almost $.003.

Wondering

Basswood Capital is Buying Astoria Financial ...
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Astoria Financial Corp (NYSE:AF) reported that Basswood Capital has picked

related post

Skip to content