Insider Trading in Focus: Famous Dave’s of America, Inc. $DAVE

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Famous Dave’s of America, Inc. (DAVE) insider have most recently took part in a trading activity. On Aug 22, 2017 Mooty Charles William, Director bought 99 shares having total worth of $401 at the price of $4.05 per share, following the transaction a total of 83,355 shares owned by Mooty Charles William. Before this latest buy, Mooty Charles William purchased DAVE at 1 other times during the past twelve months, for a total investment of $65,024 at an average of $4 per share.

The stock has experienced a total of 8 insider trades in the past three months. These trades include 8 buy trades. Furthermore, over the past 12 months , the stock was traded 12 times by insiders. In 3 of these trades, the insider was a seller while an employee of the company was the buyer in 9 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 8 0 6.41%
12 Month 9 3 -32.63%

Shares of Famous Dave’s of America, Inc. (DAVE) traded up 2.47% on Aug 23, 2017, hitting $4.15. 21,911 shares of the company’s stock traded hands. Famous Dave’s of America, Inc. has a 52 week low of $3.4 and a 52 week high of $6.55. The company’s market cap is $37 million.

Famous Dave’s of America, Inc. (DAVE) last announced its earnings results on Aug 14, 2017. The company reported 0.16 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.09 by $0.07. The company had revenue of $25 million for the quarter, compared to the consensus estimate of $26 million. During the same quarter in the previous year, the company posted 0.17 earnings per share. The company’s revenue for the quarter was down 10% on a year-over-year basis.

2017-08-14 2017-05-15 2017-03-06 2016-11-14 2016-08-15 2016-05-16 2016-02-24 2015-11-04 2015-08-05 2015-05-06
earnings per share 0.16 -0.05 -0.10 0.01 0.17 -0.01 -0.08 -0.05 0.18 0.03
Revenue(M) 25.3 21.98 22.59 25.51 28.04 23.54 25.37 31.8 37.41 32.6

Famous Dave’s of America, Inc., was incorporated in the state of Minnesota in March 1994. The company is engaged in the development, ownership, operation, and franchising of restaurants in the United States. As of December 30, 2012, there were 188 Famous Dave’s restaurants operating in 34 states and 1 Canadian province, including 53 company-owned restaurants and 135 franchise-operated restaurants. Famous Dave’s restaurants, a majority of which offer full table service, feature hickory-smoked off-the-grill entree favorites. It provides high-quality food in distinctive and comfortable environments with signature signage. The Company’s prototypical design includes the following elements: a designated bar, a signature exterior smokestack, a separate entrance for its category-leading ‘TO GO’ business and a patio. This design enables it to capitalize on a consistent trade-dress and readily identifiable look and feel for its future locations. Each restaurant features a distinctive selection of authentic hickory-smoked off-the-grill barbecue favorites, such as flame-grilled St. Louis-style and baby back ribs, Texas beef brisket, Georgia chopped pork, country-roasted chicken, sassy grilled salmon, and generous signature sandwiches and salads. Tableside barbeque sauces, a number of seasonings, rubs, marinades, and other items are also distributed in retail grocery stores throughout the country under licensing agreements. ‘Famous Dave’s’ and the Famous Dave’s logo are registered trademarks of Famous Dave’s of America, Inc. The Company’s restaurants compete with moderately-priced restaurants primarily on the basis of quality of food and service, atmosphere, location and value. In addition to existing barbeque restaurants, it faces competition from steakhouses and other restaurants featuring protein-rich foods. The Company is subject to state and local government regulation by various governmental agencies, including state and local licensing, zoning, land use, construction and environmental regulations and various regulations relating to the sale of food and alcoholic beverages, sanitation, disposal of refuse and waste products, public health, safety and fire standards.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

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About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.