Habit Restaurants Inc. (HABT) Insider Sells $21,000.00 in Stock
Habit Restaurants Inc. (NASDAQ:HABT) insider Peter Whitwell sold 1,500 shares of Habit Restaurants 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 of the company’s stock, valued at $5,418. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 14.11 on Tuesday. The stock has a market capitalization of $253.58 million, a PE ratio of 51.68 and a beta of 1.07. The company’s 50-day moving average is $14.80 and its 200 day moving average is $16.49. Habit Restaurants Inc. has a 12-month low of $13.68 and a 12-month high of $28.07.
Habit Restaurants (NASDAQ:HABT) last announced its quarterly earnings data on Wednesday, August 3rd. The company reported $0.09 EPS for the quarter, missing the Thomson Reuters’ 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 firm had revenue of $71.10 million for the quarter, compared to analysts’ expectations of $71.09 million. During the same period last year, the company posted $0.09 earnings per share. The business’s revenue for the quarter was up 25.4% compared to the same quarter last year. On average, equities research analysts expect that Habit Restaurants Inc. will post $0.29 earnings per share for the current fiscal year.
A number of hedge funds have recently made changes to their positions in the stock. Schwab Charles Investment Management Inc. increased its stake in shares of Habit Restaurants by 1.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 30,958 shares of the company’s stock valued at $508,000 after buying an additional 462 shares during the period. Nationwide Fund Advisors increased its stake in shares of Habit Restaurants by 7.5% in the second quarter. Nationwide Fund Advisors now owns 8,248 shares of the company’s stock valued at $135,000 after buying an additional 578 shares during the period. BlackRock Advisors LLC increased its stake in shares of Habit Restaurants by 14.2% in the second quarter. BlackRock Advisors LLC now owns 7,098 shares of the company’s stock valued at $116,000 after buying an additional 884 shares during the period. Rhumbline Advisers increased its stake in shares of Habit Restaurants by 16.3% in the second quarter. Rhumbline Advisers now owns 12,418 shares of the company’s stock valued at $203,000 after buying an additional 1,740 shares during the period. Finally, State Street Corp increased its stake in shares of Habit Restaurants by 1.3% in the second quarter. State Street Corp now owns 176,249 shares of the company’s stock valued at $2,885,000 after buying an additional 2,294 shares during the period. 85.77% of the stock is currently owned by institutional investors.
HABT has been the subject of a number of analyst reports. Wedbush reduced their price objective on shares of Habit Restaurants from $25.00 to $21.00 and set an “outperform” rating for the company in a report on Thursday, August 4th. Zacks Investment Research cut shares of Habit Restaurants from a “hold” rating to a “sell” rating in a report on Wednesday, July 27th. Finally, Robert W. Baird reiterated an “outperform” rating on shares of Habit Restaurants in a report on Thursday, September 8th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and eight have issued a buy rating to the company’s stock. Habit Restaurants presently has an average rating of “Buy” and an average target price of $27.00.
Habit Restaurants Company Profile
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.
Receive News & Stock Ratings for Habit Restaurants Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Habit Restaurants Inc. and related stocks with our FREE daily email newsletter.