Insider Trading Alert: Fiesta Restaurant Group, Inc. $FRGI

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Fiesta Restaurant Group, Inc. (FRGI) insider have most recently took part in a trading activity. On Aug 29, 2017 Friedman Brian P, Director bought 125,000 shares having total worth of $2,160,000 at the price of $17.28 per share, following the transaction a total of 2,046,233 shares owned by Friedman Brian P. Before this latest buy, Friedman Brian P purchased FRGI at 9 other times during the past twelve months, for a total investment of $372.07M at an average of $19.87 per share.

The stock has experienced a total of 11 insider trades in the past three months. These trades include 11 buy trades. Furthermore, over the past 12 months , the stock was traded 19 times by insiders. In 1 of these trades, the insider was a seller while an employee of the company was the buyer in 18 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 11 0 -29.34%
12 Month 18 1 -49.38%

Shares of Fiesta Restaurant Group, Inc. (FRGI) traded down 3.39% on Aug 29, 2017, hitting $17.1. 371,467 shares of the company’s stock traded hands. Fiesta Restaurant Group, Inc. has a 52 week low of $16.8 and a 52 week high of $35.7. The company’s market cap is $699 million.

Fiesta Restaurant Group, Inc. (FRGI) last announced its earnings results on Aug 7, 2017. The company reported 0.30 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.33 by $0.03. The company had revenue of $173 million for the quarter, compared to the consensus estimate of $176 million. During the same quarter in the previous year, the company posted 0.34 earnings per share. The company’s revenue for the quarter was down 5% on a year-over-year basis.

2017-08-07 2017-05-08 2017-02-27 2016-11-07 2016-08-03 2016-05-09 2016-02-24 2015-10-29 2015-07-30 2015-04-30
earnings per share 0.30 0.25 0.27 0.30 0.34 0.37 0.39 0.33 0.42 0.39
Revenue(M) 172.62 175.61 171.31 182.26 181.53 176.68 179.51 172.11 171.9 163.9

Fiesta Restaurant Group Inc is incorporated in Delaware. The Company through its subsidiaries, owns, operates and franchise two fast-casual restaurant brands, Pollo Tropical and Taco Cabana. The Pollo Tropical restaurants offer a selection of tropical and Caribbean food, while the Taco Cabana restaurants provides selection of fresh, authentic Mexican food. As of December 30, 2012, it owned and operated a total of 251 restaurants across four states, which included 91 Pollo Tropical and 160 Taco Cabana restaurants. The Company franchises its Pollo Tropical restaurants primarily internationally, and as of December 30, 2012, it had 35 franchised Pollo Tropical restaurants located in Puerto Rico, Ecuador, Honduras, Trinidad, the Bahamas, Venezuela, Costa Rica, Panama and on several college campuses in Florida. The Company is franchising the Taco Cabana restaurants. As of December 30, 2012, it had eight Taco Cabana franchised restaurants located in Georgia, New Mexico and Texas.

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.

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.