Monday, March 05, 2018 10:15 PM ET
Significant Insider purchase Extends the buy Trend of Last 90 Days in Shares of Fiesta Restaurant Group (FRGI)
An insider — LEUCADIA NATIONAL CORP, 10% Owner — purchased 365,009 shares of Fiesta Restaurant Group having a market value of approximately $6,296,998 today, as revealed 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. These trades have resulted in the acquisition of 4,565 company shares and the sale of 687 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 368,887 shares and have averaged 74,052 shares per transaction over this time period.
Insider buy/sell trading at Fiesta Restaurant Group is higher than the 37 peer company average over the last 90-day period. The Restaurants & Bars peer group saw 44 buy/sell trades during this period for an average of 1.2 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 1,630,295 shares purchased and 503,705 shares sold with company insiders acquiring 66,270 shares on average.
The data sourced 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.
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