Insider Selling: Waitr Holdings Inc. (NASDAQ:WTRH) Director Sells 131,558 Shares of Stock

Waitr Holdings Inc. (NASDAQ:WTRHGet Rating) Director Jonathan Green sold 131,558 shares of the company’s stock in a transaction on Tuesday, June 21st. The stock was sold at an average price of $0.16, for a total transaction of $21,049.28. Following the completion of the transaction, the director now owns 930,338 shares of the company’s stock, valued at $148,854.08. The sale was disclosed in a filing with the SEC, which is available at this link.

Jonathan Green also recently made the following trade(s):

  • On Monday, June 6th, Jonathan Green sold 101,687 shares of Waitr stock. The stock was sold at an average price of $0.17, for a total transaction of $17,286.79.
  • On Thursday, June 2nd, Jonathan Green sold 170,889 shares of Waitr stock. The stock was sold at an average price of $0.18, for a total transaction of $30,760.02.
  • On Tuesday, May 31st, Jonathan Green sold 255,891 shares of Waitr stock. The stock was sold at an average price of $0.19, for a total transaction of $48,619.29.
  • On Friday, May 27th, Jonathan Green sold 130,009 shares of Waitr stock. The stock was sold at an average price of $0.20, for a total transaction of $26,001.80.
  • On Monday, May 23rd, Jonathan Green sold 47,888 shares of Waitr stock. The stock was sold at an average price of $0.20, for a total transaction of $9,577.60.
  • On Friday, May 20th, Jonathan Green sold 24,837 shares of Waitr stock. The stock was sold at an average price of $0.21, for a total transaction of $5,215.77.
  • On Tuesday, May 17th, Jonathan Green sold 8,828 shares of Waitr stock. The stock was sold at an average price of $0.22, for a total transaction of $1,942.16.

NASDAQ:WTRH traded up $0.01 on Thursday, reaching $0.16. 3,059,732 shares of the stock traded hands, compared to its average volume of 2,953,353. The company has a market capitalization of $25.67 million, a price-to-earnings ratio of -0.31 and a beta of -0.99. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 1.26. Waitr Holdings Inc. has a 12 month low of $0.14 and a 12 month high of $2.28. The company’s fifty day simple moving average is $0.21 and its 200 day simple moving average is $0.44.

Waitr (NASDAQ:WTRHGet Rating) last released its quarterly earnings data on Monday, May 9th. The company reported ($0.05) earnings per share for the quarter. The firm had revenue of $35.04 million for the quarter. Waitr had a negative net margin of 47.34% and a negative return on equity of 21.32%.

Separately, Benchmark decreased their price target on shares of Waitr from $4.00 to $2.00 and set a “buy” rating for the company in a research note on Monday, March 14th.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. boosted its holdings in shares of Waitr by 1,639.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 238,683 shares of the company’s stock valued at $88,000 after acquiring an additional 224,960 shares during the last quarter. Beirne Wealth Consulting Services LLC boosted its holdings in shares of Waitr by 100.0% during the 1st quarter. Beirne Wealth Consulting Services LLC now owns 160,000 shares of the company’s stock valued at $59,000 after acquiring an additional 80,000 shares during the last quarter. Latitude Advisors LLC boosted its holdings in shares of Waitr by 65.0% during the 1st quarter. Latitude Advisors LLC now owns 132,000 shares of the company’s stock valued at $49,000 after acquiring an additional 52,000 shares during the last quarter. Ahrens Investment Partners LLC boosted its holdings in shares of Waitr by 170.3% in the first quarter. Ahrens Investment Partners LLC now owns 147,515 shares of the company’s stock worth $55,000 after buying an additional 92,950 shares during the last quarter. Finally, Sanders Morris Harris LLC boosted its holdings in shares of Waitr by 47.9% in the fourth quarter. Sanders Morris Harris LLC now owns 59,150 shares of the company’s stock worth $44,000 after buying an additional 19,150 shares during the last quarter. 13.89% of the stock is currently owned by hedge funds and other institutional investors.

Waitr Company Profile (Get Rating)

Waitr Holdings Inc, together with its subsidiaries, operates an online ordering technology platform in the United States. Its Waitr, Bite Squad, and Delivery Dudes mobile applications provide delivery, carryout, dine-in options, connecting restaurants, drivers, and diners. As of December 31, 2021, the company had approximately 26,000 restaurants on the platforms.

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Insider Buying and Selling by Quarter for Waitr (NASDAQ:WTRH)

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