Phyllis A. Knight Acquires 100,000 Shares of Diversified Restaurant Holdings Inc. (SAUC) Stock
Diversified Restaurant Holdings Inc. (NASDAQ:SAUC) CFO Phyllis A. Knight bought 100,000 shares of the stock in a transaction on Friday, November 11th. The stock was bought at an average price of $0.89 per share, for a total transaction of $89,000.00. Following the completion of the purchase, the chief financial officer now directly owns 133,333 shares in the company, valued at approximately $118,666.37. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Shares of Diversified Restaurant Holdings Inc. (NASDAQ:SAUC) opened at 1.10 on Thursday. The company has a 50 day moving average price of $1.10 and a 200-day moving average price of $1.32. The stock’s market capitalization is $29.30 million. Diversified Restaurant Holdings Inc. has a 1-year low of $0.70 and a 1-year high of $2.84.
Separately, Zacks Investment Research downgraded Diversified Restaurant Holdings from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 26th.
Diversified Restaurant Holdings Company Profile
Diversified Restaurant Holdings, Inc (DHR) is a restaurant company. The Company operates two complementary concepts: Buffalo Wild Wings Grill & Bar (BWW) and Bagger Dave’s Burger Tavern (Bagger Dave’s). The Company operates through two segments: BWW and Bagger Dave’s. The Company has approximately 80 restaurants in Florida, Illinois, Indiana, Michigan and Missouri.
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