Bojangles’, Inc. (BOJA) Files Form 4 Insider Selling : Eric Mcgrew Newman Sells 7,500 Shares

Bojangles’, Inc. (BOJA): Eric Mcgrew Newman , Exec. VP, Secy & Gnl Csl. of Bojangles’, Inc. sold 7,500 shares on May 27, 2016. The Insider selling transaction was reported by the company on May 31, 2016 to the Securities and Exchange Commission. The shares were sold at $17.20 per share for a total value of $129,000.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 31, 2016, Kenneth E Avery (Sr. Vice President & COO) sold 5,000 shares at $17.20 per share price.On May 26, 2016, M John Jordan (Sr. VP of Finance & CFO) sold 19,519 shares at $17.25 per share price.Also, On May 18, 2016, Eric Mcgrew Newman (Exec. VP, Secy & Gnl Csl.) sold 9,387 shares at $17.04 per share price.On May 13, 2015, James R. Kibler (director other) sold 51,642 shares at $19.00 per share price.

Bojangles Inc (BOJA) witnessed a volatile trading activity on Friday May 27, 2016 and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $17.2 and reached the intraday high at $17.2. The bulls started the profit booking and pushed the shares to intraday low of $17.06. The trading session was marked by a volume range of 92,778 shares exchanging hands. The 52-week high of the shares is $28.2803 and the 52-week low is $13.39. The market cap of the company stands at $619 M and there are 3,61,11,306 shares in public circulation.

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.

Leave a Reply

Bojangles Inc - Is it time to Sell?

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