Morton's Restaurant Group, Inc. (MRT) CAO David L. Travis Buys 2,500 Shares of Stock
Morton's Restaurant Group, Inc. (NYSE:MRT) CAO David L. Travis purchased 2,500 shares of the company’s stock in a transaction dated Tuesday, October 4th. The shares were acquired at an average price of $12.00 per share, for a total transaction of $30,000.00. Following the purchase, the chief accounting officer now directly owns 15,934 shares in the company, valued at $191,208. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Morton's Restaurant Group, Inc. (NYSE:MRT) opened at 11.47 on Wednesday. Morton's Restaurant Group, Inc. has a 52 week low of $11.17 and a 52 week high of $11.99. The stock’s 50 day moving average is $11.63 and its 200 day moving average is $11.63.
About Morton's Restaurant Group
Morton’s Restaurant Group, Inc (MRG) is engaged in the business of owning and operating restaurants under the names Morton’s The Steakhouse (Morton’s) and Trevi (Trevi). As of January 2, 2011, the Company owned and operated 78 restaurants (77 Morton’s steakhouses and one Trevi restaurant). Its subsidiaries include Porterhouse, Inc, Morton’s of Chicago, Inc, Morton’s of Chicago/Atlanta, Inc, Morton’s of Chicago/Buckhead, Inc, Morton’s of Chicago/Chicago, Inc, Morton’s of Chicago/Cincinnati, Inc and Morton’s of Chicago/Clayton, Inc During the fiscal year ended January 2, 2011, (fiscal 2010), the Company opened a Morton’s steakhouse in Shanghai, China.
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