Bob Evans Farms Inc (BOBE) Files Form 4 Insider Selling : J Michael Townsley Sells 3,492 Shares

Bob Evans Farms Inc (BOBE): J Michael Townsley , President – BEF Foods of Bob Evans Farms Inc sold 3,492 shares on Mar 29, 2006. The Insider selling transaction was reported by the company on Jun 27, 2016 to the Securities and Exchange Commission. The shares were sold at $30.45 per share for a total value of $106,320.92 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jan 6, 2016, Douglas N Benham (Director) purchased 2,000 shares at $38.27 per share price.On Jan 6, 2016, Kevin M Sheehan (director) purchased 5,000 shares at $38.03 per share price.Also, On Sep 4, 2015, Mark E Hood (CFO) purchased 2,200 shares at $44.72 per share price.On Jun 29, 2015, Scott C Taggart (VP – Investor Relations) sold 1,000 shares at $51.70 per share price.

Shares of Bob Evans Farms Inc (BOBE) ended Friday, Jun 24, 2016 session in red amid volatile trading. The shares closed down -0.72 points or -1.81% at $38.97 with 9,55,362 shares getting traded. Post opening the session at $38.45, the shares hit an intraday low of $38.308 and an intraday high of $39.07 and the price vacillated in this range throughout the day. The company has a market cap of $770 M and the number of outstanding shares has been calculated to be 1,97,52,584 shares. The 52-week high of Bob Evans Farms Inc is $52 and the 52-week low is $36.5605.

Bob Evans Farms Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Bob Evans Farms Inc is Initiated by Maxim Group to Buy and the brokerage firm has set the Price Target at $59. The Rating was issued on May 17, 2016.Bob Evans Farms Inc is Initiated by Sidoti to Buy and the brokerage firm has set the Price Target at $60. The Rating was issued on May 11, 2016.

Bob Evans Farms Inc. (Bob Evans) is a full-service restaurant company. The Company operates 567 Bob Evans Restaurants and licenses four Bob Evans Express locations in 19 states. The Company also produces and distributes pork sausage products and a range of home-style refrigerated side dishes and frozen food items under the Bob Evans Owens and Country Creek brand names. These food products are distributed to customers throughout the United States. Additionally the Company manufactures and sells similar products to foodservice accounts including Bob Evans Restaurants and other restaurants and food sellers. The Company operates in two segments: Bob Evans Restaurants and BEF Foods. Through its restaurant segment the Company offers its customers a range of breakfast lunch and dinner items either on a dine-in or carryout basis in family-friendly settings. The Company’s BEF foods segment offers a range of wholesome food products to retail and foodservice customers.

Leave a Reply

Bob Evans Farms Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Bob Evans Farms Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.