Habit Restaurants Inc. (NASDAQ:HABT) insider Peter Whitwell sold 1,500 shares of the company’s stock in a transaction on Monday, October 3rd. The shares were sold at an average price of $14.00, for a total transaction of $21,000.00. Following the completion of the sale, the insider now directly owns 387 shares in the company, valued at $5,418. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Peter Whitwell also recently made the following trade(s):
- On Thursday, September 1st, Peter Whitwell sold 1,500 shares of Habit Restaurants stock. The shares were sold at an average price of $15.23, for a total transaction of $22,845.00.
Habit Restaurants Inc. (NASDAQ:HABT) opened at 13.87 on Wednesday. The stock’s 50 day moving average is $14.76 and its 200 day moving average is $16.45. Habit Restaurants Inc. has a 52-week low of $13.68 and a 52-week high of $28.07. The company has a market cap of $249.27 million, a price-to-earnings ratio of 50.81 and a beta of 1.07.
Habit Restaurants (NASDAQ:HABT) last announced its quarterly earnings results on Wednesday, August 3rd. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.10 by $0.01. Habit Restaurants had a net margin of 1.55% and a return on equity of 5.72%. The company had revenue of $71.10 million for the quarter, compared to analyst estimates of $71.09 million. During the same quarter last year, the business earned $0.09 EPS. The company’s revenue for the quarter was up 25.4% on a year-over-year basis. On average, analysts predict that Habit Restaurants Inc. will post $0.29 earnings per share for the current fiscal year.
HABT has been the topic of a number of research reports. Zacks Investment Research raised shares of Habit Restaurants from a “sell” rating to a “hold” rating in a report on Thursday, September 29th. Wedbush dropped their target price on shares of Habit Restaurants from $25.00 to $21.00 and set an “outperform” rating on the stock in a report on Thursday, August 4th. Finally, Robert W. Baird reissued an “outperform” rating on shares of Habit Restaurants in a report on Thursday, September 8th. One analyst has rated the stock with a sell rating, one has issued a hold rating and eight have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $27.00.
A number of institutional investors have recently made changes to their positions in the stock. Franklin Resources Inc. increased its position in shares of Habit Restaurants by 51.2% in the first quarter. Franklin Resources Inc. now owns 1,406,829 shares of the company’s stock valued at $26,209,000 after buying an additional 476,149 shares during the period. Landscape Capital Management L.L.C. bought a new stake in shares of Habit Restaurants during the first quarter valued at about $553,000. Spark Investment Management LLC bought a new stake in shares of Habit Restaurants during the first quarter valued at about $2,108,000. Geode Capital Management LLC increased its stake in shares of Habit Restaurants by 11.9% in the first quarter. Geode Capital Management LLC now owns 75,693 shares of the company’s stock valued at $1,410,000 after buying an additional 8,072 shares during the last quarter. Finally, Harvest Capital Strategies LLC increased its stake in shares of Habit Restaurants by 109.1% in the first quarter. Harvest Capital Strategies LLC now owns 230,000 shares of the company’s stock valued at $4,285,000 after buying an additional 120,000 shares during the last quarter. Institutional investors own 85.77% of the company’s stock.
About Habit Restaurants
The Habit Restaurants, Inc (Habit Burger Grill) is a fast casual restaurant company. The Company is engaged in preparing made-to-order char-grilled burgers and sandwiches featuring tri-tip steak, grilled chicken and sushi-grade albacore tuna cooked over an open flame. In addition, it offers salads, sides, shakes and malts.
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