Fiesta Restaurant Group (FRGI) sees Significant Insider buy Extending Trend of purchases over Last Quarter

Friday, August 11, 2017 10:15 PM ET

Fiesta Restaurant Group (FRGI) sees Significant Insider buy Extending Trend of purchases over Last Quarter

One insider — Brian P Friedman, Director — today, bought 160,000 shares of Fiesta Restaurant Group having a market value of approximately $3,012,272, as disclosed in a form 4 document filed with the SEC. There have been 4 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been buys resulting in the purchase of 348,097 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net purchases of 508,097 shares and have averaged 101,619 shares per transaction over this time period.

Insiders at Fiesta Restaurant Group have a higher number of buy/sell trades than the 36-peer company average over the last 90-day period. The Restaurants & Bars peer group saw 39 buy/sell trades during this period for an average of 1.1 transactions per company. The number of shares per buy/sell trade for Fiesta Restaurant Group insiders was also higher. Within the peer group there were 580,756 shares purchased and 285,609 shares sold with company insiders acquiring 11,806 shares on average.

The data obtained in creating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

Using proprietary artificial intelligence methods, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

For more information, contact UpTick at info@uptickdata.com. Copyright 2017 UpTick Data Technologies. All rights reserved.

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