Bojangles’, Inc. (BOJA) Files Form 4 Insider Selling : Eric Mcgrew Newman Sells 9,387 Shares

Bojangles’, Inc. (BOJA): Eric Mcgrew Newman , Exec. VP, Secy & Gnl Csl. of Bojangles’, Inc. sold 9,387 shares on May 17, 2016. The Insider selling transaction was reported by the company on May 18, 2016 to the Securities and Exchange Commission. The shares were sold at $17.04 per share for a total value of $159,982.64 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 17, 2016, M John Jordan (Sr. VP of Finance & CFO) sold 50,000 shares at $17.15 per share price.On May 13, 2016, Eric Mcgrew Newman (Exec. VP, Secy & Gnl Csl.) sold 10,300 shares at $17.58 per share price.Also, 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.

Bojangles Inc: On Thursday, May 19, 2016 heightened volatility was witnessed in Bojangles Inc which led to swings in the share price. The shares opened for trading at $16.58 and hit $16.8 on the upside , eventually ending the session at $16.74, with a gain of 0.60% or 0.1 points. The heightened volatility saw the trading volume jump to 81,241 shares. The 52-week high of the share price is $28.2803 and the company has a market cap of $604,498 M . The 52-week low of the share price is at $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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