ARC Group Inc (ARCK) Insider Seenu G. Kasturi Acquires 15,000 Shares of Stock
ARC Group Inc (NASDAQ:ARCK) insider Seenu G. Kasturi acquired 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 28th. The stock was acquired at an average price of $1.69 per share, with a total value of $25,350.00. Following the completion of the transaction, the insider now directly owns 3,372,096 shares in the company, valued at approximately $5,698,842.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of ARC Group Inc (NASDAQ:ARCK) opened at 1.75 on Wednesday. ARC Group Inc has a 1-year low of $0.55 and a 1-year high of $2.29. The company’s 50-day moving average price is $1.46 and its 200-day moving average price is $1.03. The company’s market capitalization is $12.07 million.
About ARC Group
ARC Group, Inc is an operator and franchisor of the Dick’s Wings brand of restaurants. The Company’s Dick’s Wings concept includes traditional Dick’s Wings & Grill restaurants, which are full service restaurants, and non-traditional units. It has approximately 20 franchised restaurants and over two concession stands located in the States of Florida and Georgia.
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