Chuy’s Holdings, Inc. (CHUY) Files Form 4 Insider Selling : Michael Roger Young Sells 1,000 Shares

Chuy’s Holdings, Inc. (CHUY): Michael Roger Young , director of Chuy’s Holdings, Inc. sold 1,000 shares on May 4, 2016. The Insider selling transaction was reported by the company on May 6, 2016 to the Securities and Exchange Commission. The shares were sold at $32.30 per share for a total value of $32,300.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 10, 2016, Sharon A. Russell (Secretary and CAO) sold 2,000 shares at $33.26 per share price.On Mar 4, 2016, Michael Roger Young (director) sold 2,000 shares at $35.25 per share price.Also, On Aug 10, 2015, John A. Zapp (director) sold 20,000 shares at $32.62 per share price.

Chuy's Holdings Inc: On Wednesday, May 4, 2016 heightened volatility was witnessed in Chuy's Holdings Inc which led to swings in the share price. The shares opened for trading at $32.3 and hit $34.25 on the upside , eventually ending the session at $33.69, with a gain of 7.64% or 2.39 points. The heightened volatility saw the trading volume jump to 7,78,329 shares. The 52-week high of the share price is $37.34 and the company has a market cap of $557 M . The 52-week low of the share price is at $22.11.

Chuy's Holdings Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Chuy's Holdings Inc is Reiterated by Telsey Advisory Group to Outperform and the brokerage firm has raised the Price Target to $ 38 from a previous price target of $36 .The Rating was issued on Mar 2, 2016.

Chuy’s Holdings Inc. is a full service restaurant concept company offering a menu of Mexican and Tex Mex inspired food. The Company operates its restaurants under the name Chuy’s. As of December 28 2014 the Company operated 59 Chuy’s restaurants across 14 states. The Company offers lunch and dinner which includes enchiladas fajitas tacos burritos combination platters and daily specials variety of appetizers and soups and salads. Each of its restaurants also offers a variety of homemade sauces including Hatch green chile and creamy jalapeno sauces. It also offers a bar in all of its restaurants providing its customers a variety of beverage offerings featuring a selection of specialty cocktails including its on-the-rocks margaritas made with fresh hand-squeezed lime juice and the Texas Martini a made-to-order hand-shaken cocktail served with jalapeno-stuffed olives.

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