Habit Restaurants Inc. (NASDAQ:HABT) insider Peter Whitwell sold 1,500 shares of the firm’s stock in a transaction dated Monday, October 3rd. The stock was sold at an average price of $14.00, for a total value of $21,000.00. Following the transaction, the insider now owns 387 shares of the company’s stock, valued at $5,418. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Peter Whitwell also recently made the following trade(s):
- On Thursday, September 1st, Peter Whitwell sold 1,500 shares of Habit Restaurants stock. The stock was sold at an average price of $15.23, for a total value of $22,845.00.
Shares of Habit Restaurants Inc. (NASDAQ:HABT) opened at 13.50 on Friday. The firm has a 50-day moving average price of $14.67 and a 200-day moving average price of $16.41. Habit Restaurants Inc. has a 52 week low of $13.48 and a 52 week high of $28.07. The firm has a market cap of $242.62 million, a PE ratio of 49.45 and a beta of 1.07.
Habit Restaurants (NASDAQ:HABT) last posted its quarterly earnings data on Wednesday, August 3rd. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by $0.01. Habit Restaurants had a return on equity of 5.72% and a net margin of 1.55%. The firm earned $71.10 million during the quarter, compared to analysts’ expectations of $71.09 million. During the same quarter in the previous year, the company posted $0.09 earnings per share. Habit Restaurants’s revenue for the quarter was up 25.4% compared to the same quarter last year. On average, equities research analysts predict that Habit Restaurants Inc. will post $0.29 earnings per share for the current year.
Several institutional investors have recently bought and sold shares of the company. BlackRock Advisors LLC boosted its position in Habit Restaurants by 14.2% in the second quarter. BlackRock Advisors LLC now owns 7,098 shares of the company’s stock worth $116,000 after buying an additional 884 shares during the last quarter. Nationwide Fund Advisors boosted its position in Habit Restaurants by 7.5% in the second quarter. Nationwide Fund Advisors now owns 8,248 shares of the company’s stock worth $135,000 after buying an additional 578 shares during the last quarter. Stifel Financial Corp purchased a new position in Habit Restaurants during the second quarter worth about $172,000. Quantbot Technologies LP purchased a new position in Habit Restaurants during the second quarter worth about $182,000. Finally, FMR LLC purchased a new position in Habit Restaurants during the second quarter worth about $200,000. Hedge funds and other institutional investors own 85.77% of the company’s stock.
HABT has been the subject of a number of research analyst reports. Wedbush lowered their target price on 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 downgraded 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 investment analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have assigned a buy rating to the company. Habit Restaurants presently has a consensus rating of “Buy” and a consensus target price of $27.00.
About Habit Restaurants
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.
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