Habit Restaurants Inc (NASDAQ:HABT) insider Peter Whitwell sold 1,500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 4th. The stock was sold at an average price of $16.45, for a total transaction of $24,675.00. Following the transaction, the insider now owns 21,474 shares of the company’s stock, valued at approximately $353,247.30. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Peter Whitwell also recently made the following trade(s):

  • On Wednesday, August 1st, Peter Whitwell sold 1,500 shares of Habit Restaurants stock. The stock was sold at an average price of $12.60, for a total transaction of $18,900.00.
  • On Monday, July 2nd, Peter Whitwell sold 1,500 shares of Habit Restaurants stock. The stock was sold at an average price of $9.95, for a total transaction of $14,925.00.

Shares of HABT stock traded up $0.10 during trading hours on Tuesday, hitting $16.65. 233,700 shares of the company were exchanged, compared to its average volume of 360,531. The company has a market cap of $431.09 million, a price-to-earnings ratio of 104.06, a price-to-earnings-growth ratio of 11.08 and a beta of 0.90. Habit Restaurants Inc has a fifty-two week low of $8.10 and a fifty-two week high of $17.05. The company has a quick ratio of 0.93, a current ratio of 0.98 and a debt-to-equity ratio of 0.12.

Habit Restaurants (NASDAQ:HABT) last announced its quarterly earnings data on Wednesday, August 1st. The restaurant operator reported $0.08 EPS for the quarter, topping the consensus estimate of $0.03 by $0.05. The company had revenue of $102.85 million during the quarter, compared to the consensus estimate of $99.68 million. Habit Restaurants had a negative net margin of 0.84% and a positive return on equity of 1.68%. The company’s quarterly revenue was up 23.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.06 EPS. analysts anticipate that Habit Restaurants Inc will post 0.05 earnings per share for the current year.

Several hedge funds have recently made changes to their positions in HABT. Wasatch Advisors Inc. grew its position in shares of Habit Restaurants by 44.4% during the 1st quarter. Wasatch Advisors Inc. now owns 148,344 shares of the restaurant operator’s stock worth $1,305,000 after buying an additional 45,582 shares during the period. Mackay Shields LLC acquired a new stake in shares of Habit Restaurants during the 1st quarter worth approximately $537,000. Engineers Gate Manager LP acquired a new stake in shares of Habit Restaurants during the 1st quarter worth approximately $366,000. Lucia Wealth Services LLC grew its position in shares of Habit Restaurants by 30.3% during the 1st quarter. Lucia Wealth Services LLC now owns 488,778 shares of the restaurant operator’s stock worth $4,301,000 after buying an additional 113,744 shares during the period. Finally, JPMorgan Chase & Co. grew its position in Habit Restaurants by 273.1% in the 1st quarter. JPMorgan Chase & Co. now owns 189,677 shares of the restaurant operator’s stock valued at $1,670,000 after purchasing an additional 138,842 shares during the period. 59.57% of the stock is owned by institutional investors.

Several research analysts have issued reports on the stock. ValuEngine upgraded shares of Habit Restaurants from a “sell” rating to a “hold” rating in a report on Monday, July 2nd. Stephens restated a “hold” rating and set a $14.00 price target on shares of Habit Restaurants in a report on Thursday, August 2nd. Wedbush restated a “buy” rating and set a $17.00 price target on shares of Habit Restaurants in a report on Thursday, August 2nd. Zacks Investment Research lowered shares of Habit Restaurants from a “buy” rating to a “hold” rating in a report on Thursday, August 23rd. Finally, BidaskClub lowered shares of Habit Restaurants from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 11th. Five equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $14.43.

Habit Restaurants Company Profile

The Habit Restaurants, Inc, a holding company, operates and franchises fast casual restaurants under The Habit Burger Grill name. It specializes in offering made-to-order char-grilled burgers and sandwiches featuring choice tri-tip steak, grilled chicken, and sushi-grade tuna cooked over an open flame; and salads, as well as sides, shakes, and malts.

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Insider Buying and Selling by Quarter for Habit Restaurants (NASDAQ:HABT)

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