Habit Restaurants, Inc. (HABT) Files Form 4 Insider Selling : Peter Whitwell Sells 1,500 Shares

Habit Restaurants, Inc. (HABT): Peter Whitwell , Chief Quality Officer of Habit Restaurants, Inc. sold 1,500 shares on Jun 9, 2016. The Insider selling transaction was reported by the company on Jun 10, 2016 to the Securities and Exchange Commission. The shares were sold at $17.32 per share for a total value of $25,982.40 , 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 21, 2016, Joseph John Kadow (director) purchased 500 shares at $19.10 per share price.

Habit Restaurants Inc: On Thursday, Jun 9, 2016 heightened volatility was witnessed in Habit Restaurants Inc which led to swings in the share price. The shares opened for trading at $17.23 and hit $17.72 on the upside , eventually ending the session at $17.3, with a gain of 0.64% or 0.11 points. The heightened volatility saw the trading volume jump to 3,75,143 shares. The 52-week high of the share price is $36.34 and the company has a market cap of $351 M . The 52-week low of the share price is at $16.52.

Habit Restaurants Inc Money Flow Index Chart

The Habit Restaurants Inc. is a fast-casual restaurant company. The Company is specialized in preparing char-grilled burgers and sandwiches featuring tri-tip steak grilled chicken and sushi-grade albacore tuna cooked over an open flame. In addition it offers salads sides shakes and malts. The Company prepares its burgers with char-grilled preparation topped with caramelized onions melted cheese lettuce and tomatoes. As of December 30 2014 the Company had 110 locations in 10 markets in four states. The Company operates a variety of restaurant formats including end-cap free-standing inline and drive-thru primarily within suburban shopping centers and retail settings.

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