The Habit Restaurants, Inc. (NASDAQ:HABT) insider Peter Whitwell sold 2,000 shares of the company’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $12.27, for a total transaction of $24,540.00. Following the completion of the transaction, the insider now directly owns 16,474 shares in the company, valued at approximately $202,135.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

The Habit Restaurants, Inc. (HABT) opened at $9.20 on Monday. The company has a market capitalization of $239.41, a P/E ratio of 40.00, a price-to-earnings-growth ratio of 2.11 and a beta of 1.05. The company has a quick ratio of 1.39, a current ratio of 1.43 and a debt-to-equity ratio of 0.08.

The Habit Restaurants (NASDAQ:HABT) last issued its quarterly earnings data on Wednesday, November 1st. The restaurant operator reported $0.01 EPS for the quarter, missing the Zacks’ consensus estimate of $0.03 by ($0.02). The company had revenue of $84.60 million for the quarter, compared to the consensus estimate of $85.77 million. The Habit Restaurants had a return on equity of 4.09% and a net margin of 1.46%. The Habit Restaurants’s quarterly revenue was up 17.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.05 earnings per share. sell-side analysts forecast that The Habit Restaurants, Inc. will post 0.18 EPS for the current year.

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A number of hedge funds have recently made changes to their positions in HABT. Bank of New York Mellon Corp boosted its position in The Habit Restaurants by 4.2% during the 1st quarter. Bank of New York Mellon Corp now owns 56,674 shares of the restaurant operator’s stock worth $1,003,000 after acquiring an additional 2,280 shares during the period. American International Group Inc. boosted its position in The Habit Restaurants by 7.2% during the 1st quarter. American International Group Inc. now owns 8,300 shares of the restaurant operator’s stock worth $147,000 after acquiring an additional 558 shares during the period. Vanguard Group Inc. boosted its position in The Habit Restaurants by 11.9% during the 1st quarter. Vanguard Group Inc. now owns 1,416,536 shares of the restaurant operator’s stock worth $25,072,000 after acquiring an additional 150,622 shares during the period. Geode Capital Management LLC boosted its position in The Habit Restaurants by 3.5% during the 1st quarter. Geode Capital Management LLC now owns 140,205 shares of the restaurant operator’s stock worth $2,481,000 after acquiring an additional 4,731 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in The Habit Restaurants by 207.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 94,477 shares of the restaurant operator’s stock worth $1,672,000 after acquiring an additional 63,785 shares during the period. Institutional investors own 72.02% of the company’s stock.

A number of analysts recently weighed in on the stock. Piper Jaffray Companies restated a “buy” rating on shares of The Habit Restaurants in a research note on Friday, July 14th. Raymond James Financial, Inc. reissued an “outperform” rating and issued a $22.00 price objective on shares of The Habit Restaurants in a report on Monday, July 24th. BidaskClub raised The Habit Restaurants from a “strong sell” rating to a “sell” rating in a report on Monday, July 24th. Wedbush reissued a “buy” rating and issued a $25.00 target price on shares of The Habit Restaurants in a report on Sunday, July 30th. Finally, Cowen and Company cut The Habit Restaurants from an “outperform” rating to a “market perform” rating and dropped their price target for the company from $22.00 to $16.00 in a research report on Thursday, August 3rd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. The Habit Restaurants currently has an average rating of “Hold” and an average price target of $16.36.

The Habit Restaurants Company Profile

The Habit Restaurants, Inc (Habit Burger Grill) is a fast casual restaurant company. The Company is engaged in preparing made-to-order char-grilled burgers and sandwiches featuring tri-tip steak, grilled chicken and sushi-grade albacore tuna cooked over an open flame. In addition, it offers sides, shakes and malts.

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

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