Insider Trading Alert: Star Buffet Inc. $STRZ

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Star Buffet Inc. (STRZ) insider have most recently took part in a trading activity. On Dec 29, 2017 Wheaton Robert E, Director, 10% Owner bought 44,400 shares having total worth of $37,740 at the price of $0.85 per share, following the transaction a total of 1,499,876 shares owned by Wheaton Robert E.

The stock has experienced a total of 2 insider trades in the past three months. These trades include 2 buy trades. Furthermore, over the past 12 months , the stock was traded 3 times by insiders. an employee of the company was the buyer in 3 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 2 0 -46.97%
12 Month 3 0 -66.18%

Shares of Star Buffet Inc. (STRZ) traded down 12.5% on Jan 2, 2018, hitting $0.7. 6,157 shares of the company’s stock traded hands. Star Buffet Inc. has a 52 week low of $0.47 and a 52 week high of $2.33. The company’s market cap is $0 million.

Star Buffet, Inc., a Delaware corporation is a multi-concept restaurant holding company. The Company’s business strategy is to operate a broadly diversified portfolio of well-established, family-oriented restaurants throughout the southeastern and western United States. The Company has two reporting segments: the Buffet Division and the Non-Buffet Division. The Buffet Division includes 33 restaurants in 11 states. The Buffet Division under the following concepts operates 13 Barnhill’s Buffets restaurants, six HomeTown Buffets, three BuddyFreddys restaurants, two Whistle Junction restaurants and one JJ North’s Grand Buffet. The Buffet Division also has six former buffet restaurants closed for remodeling and repositioning, a buffet restaurant is leased to a third-party operator and another closed restaurant reported as property held for sale. The Non-Buffet Division includes 23 restaurants in 10 states. The Non-Buffet Division under the following concepts operates seven JB’s restaurants, five 4B’s restaurants, three K-BOB’S Steakhouses, two Casa Bonita restaurants, a Western Sizzlin restaurant, a Holiday House restaurant, a Bar-H Steakhouse and a Pecos Diamond Steakhouse. The Company competes on the basis of the quality and value of food products offered, price, service, location, ambiance and overall dining experience. The Company’s competitors include a large and diverse group of restaurant chains and individually owned restaurants. The Company owns the trademarks and service marks for BuddyFreddys, Casa Bonita, Holiday House, Pecos Diamond Steakhouse, Bar-H Steakhouse, 4B’S Restaurants and Whistle Junction. The restaurant industry is subject to federal, state and local government regulations, including those relating to the preparation and sale of food as well as building and zoning requirements.

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.