Wednesday, September 06, 2017 10:15 PM ET
Significant Insider Buying of Fiesta Restaurant Group (FRGI) Shares Extends the Trend of Last 90 Days
Two insiders — Brian P Friedman, Director, and Richard C Stockinger, Director and Officer — bought 87,915 shares of Fiesta Restaurant Group having a market value of approximately $1,533,748 today, as reflected in form 4 documents filed with the SEC. There have been 5 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 997,754 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net purchases of 1,085,669 shares and have averaged 155,096 shares per transaction over this time period.
Relative to its peers over the last 90 days, insider buy/sell trading at Fiesta Restaurant Group is greater than the 37-company peer group average. Restaurants & Bars peer group saw 49 buy/sell trades during this period for an average of 1.3 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 1,310,647 shares purchased and 113,638 shares sold with company insiders acquiring 39,900 shares on average.
The data sourced in evaluating 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.
Today’s Insider Activity
* Brian P Friedman, Director, bought 85,000 shares
* Richard C Stockinger, Director and Officer, bought 2,915 shares
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