Lonnie J. Stout II Buys 2,000 Shares of J. Alexander’s Holdings Inc. (JAX) Stock
J. Alexander’s Holdings Inc. (NYSE:JAX) insider Lonnie J. Stout II purchased 2,000 shares of J. Alexander’s Holdings stock in a transaction dated Monday, September 26th. The shares were bought at an average price of $9.77 per share, with a total value of $19,540.00. Following the completion of the acquisition, the insider now directly owns 24,405 shares of the company’s stock, valued at $238,436.85. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
J. Alexander’s Holdings Inc. (NYSE:JAX) opened at 9.65 on Friday. The company has a market capitalization of $141.86 million and a P/E ratio of 45.73. J. Alexander’s Holdings Inc. has a one year low of $8.52 and a one year high of $12.10. The stock’s 50 day moving average price is $9.89 and its 200 day moving average price is $9.98.
J. Alexander’s Holdings (NYSE:JAX) last released its quarterly earnings results on Friday, August 5th. The company reported $0.08 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by $0.02. The company earned $53.92 million during the quarter, compared to the consensus estimate of $53.09 million. J. Alexander’s Holdings had a return on equity of 3.66% and a net margin of 1.47%. Equities analysts anticipate that J. Alexander’s Holdings Inc. will post $0.49 EPS for the current fiscal year.
About J. Alexander’s Holdings
J. Alexander’s Holdings, Inc, through its subsidiaries, owns and operates three complementary dining restaurant concepts: J. Alexander’s, Redlands Grill and Stoney River Steakhouse and Grill (Stoney River). The Company is engaged in providing contemporary American cuisines. J. Alexander’s is an upscale dining restaurant offering a contemporary American menu.
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