Wingstop Inc. (WING) Files Form 4 Insider Selling : William Engen Sells 4,340 Shares

Wingstop Inc. (WING): William Engen , Chief Operating Officer of Wingstop Inc. sold 4,340 shares on Jun 27, 2016. The Insider selling transaction was reported by the company on Jun 29, 2016 to the Securities and Exchange Commission. The shares were sold at $25.85 per share for a total value of $112,169.47 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 23, 2016, Michael Skipworth (Corporate Controller) sold 5,000 shares at $27.42 per share price.On Jun 22, 2016, David A. Vernon (Chief Development Officer) sold 17,206 shares at $27.57 per share price.Also, On Mar 15, 2016, Ii Ws Llc Rc (10% owner) sold 6,354,532 shares at $22.86 per share price.On Mar 15, 2016, Neal K Aronson (director) sold 6,354,532 shares at $22.86 per share price.

Shares of Wingstop Inc (WING) ended Monday, Jun 27, 2016 session in red amid volatile trading. The shares closed down -1.28 points or -4.70% at $25.96 with 5,26,850 shares getting traded. Post opening the session at $26.92, the shares hit an intraday low of $25.24 and an intraday high of $27.265 and the price vacillated in this range throughout the day. The company has a market cap of $743 M and the number of outstanding shares has been calculated to be 2,86,35,138 shares. The 52-week high of Wingstop Inc is $35.96 and the 52-week low is $20.3101.

Wingstop Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Wingstop Inc is Upgraded by Goldman to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Apr 1, 2016.

Wingstop Inc. (Wingstop) is a franchisor and operator of restaurants that specializes in hand-sauced and tossed chicken wings. The Company offers around 11 flavors on its bone-in and boneless chicken wings paired with hand-cut seasoned fries and sides made fresh daily. The Company operates business through two segments which include Franchise segment and Company segment. The Company’s Franchise segment consists of its domestic and international franchise restaurants. Its franchise operations segment consists of approximately 693 restaurants which are operated by its Wingstop franchisees in the United States and five countries outside of the United States. The Company’s Company segment consists of Company-owned restaurants which are located in the United States.

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