One Group Hospitality Inc (NASDAQ:STKS) major shareholder David Kanen acquired 31,095 shares of One Group Hospitality stock in a transaction dated Monday, August 20th. The shares were purchased at an average price of $2.93 per share, for a total transaction of $91,108.35. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

David Kanen also recently made the following trade(s):

  • On Thursday, August 16th, David Kanen acquired 16,290 shares of One Group Hospitality stock. The shares were purchased at an average price of $2.91 per share, for a total transaction of $47,403.90.
  • On Friday, August 10th, David Kanen acquired 2,147 shares of One Group Hospitality stock. The shares were purchased at an average price of $2.85 per share, for a total transaction of $6,118.95.
  • On Tuesday, August 14th, David Kanen acquired 20,311 shares of One Group Hospitality stock. The shares were purchased at an average price of $2.85 per share, for a total transaction of $57,886.35.
  • On Wednesday, August 8th, David Kanen acquired 7,014 shares of One Group Hospitality stock. The shares were purchased at an average price of $2.85 per share, for a total transaction of $19,989.90.
  • On Friday, August 3rd, David Kanen purchased 3,800 shares of One Group Hospitality stock. The shares were bought at an average price of $2.84 per share, for a total transaction of $10,792.00.
  • On Monday, August 6th, David Kanen purchased 74,963 shares of One Group Hospitality stock. The shares were bought at an average price of $2.84 per share, for a total transaction of $212,894.92.
  • On Wednesday, August 1st, David Kanen purchased 18,788 shares of One Group Hospitality stock. The shares were bought at an average price of $2.80 per share, for a total transaction of $52,606.40.
  • On Monday, July 30th, David Kanen purchased 2,100 shares of One Group Hospitality stock. The shares were bought at an average price of $2.80 per share, for a total transaction of $5,880.00.
  • On Friday, July 27th, David Kanen purchased 23,731 shares of One Group Hospitality stock. The shares were bought at an average price of $2.68 per share, for a total transaction of $63,599.08.
  • On Tuesday, July 24th, David Kanen purchased 3,631 shares of One Group Hospitality stock. The shares were bought at an average price of $2.55 per share, for a total transaction of $9,259.05.

STKS opened at $2.96 on Tuesday. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.50 and a current ratio of 0.58. One Group Hospitality Inc has a 1 year low of $1.32 and a 1 year high of $3.10.

One Group Hospitality (NASDAQ:STKS) last issued its quarterly earnings data on Tuesday, August 14th. The restaurant operator reported $0.02 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.05 by ($0.03). The business had revenue of $20.31 million during the quarter. One Group Hospitality had a negative return on equity of 33.87% and a negative net margin of 4.52%.

Separately, Lake Street Capital raised their price target on One Group Hospitality to $4.00 and gave the stock a “buy” rating in a research report on Wednesday, May 16th.

About One Group Hospitality

The ONE Group Hospitality, Inc, a hospitality company, develops, owns, and operates restaurants and lounges worldwide. It operates in three segments: Owned Restaurants; Owned Food, Beverage and Other; and Managed and Licensed Operations. The company also provides turn-key food and beverage services for hospitality venues, including hotels, casinos, and other locations.

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Insider Buying and Selling by Quarter for One Group Hospitality (NASDAQ:STKS)

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