Bojangles’, Inc. (BOJA) Files Form 4 Insider Selling : Eric Mcgrew Newman Sells 3,713 Shares

Bojangles’, Inc. (BOJA): Eric Mcgrew Newman , Exec. VP, Secy & Gnl Csl. of Bojangles’, Inc. sold 3,713 shares on May 6, 2016. The Insider selling transaction was reported by the company on May 9, 2016 to the Securities and Exchange Commission. The shares were sold at $19.00 per share for a total value of $70,547.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Nov 19, 2015, Kenneth E Avery (Sr. Vice President & COO) sold 10,000 shares at $17.36 per share price.On May 13, 2015, James R. Kibler (director other) sold 51,642 shares at $19.00 per share price.Also, On May 13, 2015, William A Kussell (director) sold 56,803 shares at $19.00 per share price.On May 13, 2015, Eric Mcgrew Newman (Exec. VP, Secy & Gnl Csl.) sold 3,905 shares at $19.00 per share price.

Shares of Bojangles Inc (BOJA) ended Friday, May 6, 2016 session in red amid volatile trading. The shares closed down -0.17 points or -0.94% at $17.92 with 4,50,228 shares getting traded. Post opening the session at $18.5, the shares hit an intraday low of $17.48 and an intraday high of $19 and the price vacillated in this range throughout the day. The company has a market cap of $645 M and the number of outstanding shares has been calculated to be 3,60,09,499 shares. The 52-week high of Bojangles Inc is $28.45 and the 52-week low is $13.39.

Bojangles Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Bojangles Inc is Reiterated by Barclays to Equal Weight while Lowering the Price Target of the company shares to $ 18 from a previous price target of $23 . The Rating was issued on Mar 11, 2016.

Bojangles’ Inc. (Bojangles’) is a restaurant operator and franchisor. The Company is engaged in serving customers with food made from its Southern recipes. The Company’s restaurants offer biscuits bone-in fried chicken fixin’s and Legendary Iced Tea. It offers Southern-inspired items to a customer demographic across five day parts: breakfast lunch snack dinner and after dinner. It offers hand-breaded bone-in chicken Chicken Supremes Homestyle Chicken Tenders sandwiches and wraps as well as fixin’s including its Seasoned Fries Bo-Tato Rounds Cajun Pintos and Dirty Rice. The Company’s Bo-Smart menu features items such as salads grilled chicken sandwiches roasted chicken bites and fat-free green beans. In addition to its individual menu items the Company offers combos and family meals for parties as well as its Big Bo Box for tailgating events. Bojangles’ offers biscuit sandwiches including its smoked sausage biscuit grilled pork chop biscuit and Cheddar-Bo.

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