Zoe’s Kitchen, Inc. (ZOES): Jeremy Hartley , Chief Operating Officer of Zoe’s Kitchen, Inc. sold 36,000 shares on Jun 8, 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 $37.69 per share for a total value of $1,358,340.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 7, 2016, Greg Dollarhyde (director) sold 30,000 shares at $37.40 per share price.On Apr 4, 2016, Kevin Miles (Director, President and CEO) sold 15,000 shares at $39.00 per share price.Also, On Mar 22, 2016, Thomas Baldwin (director) sold 4,000 shares at $40.00 per share price.On Mar 14, 2016, Cordia Harrington (director) purchased 1,960 shares at $37.73 per share price.
Zoe's Kitchen Inc: On Thursday, Jun 9, 2016 heightened volatility was witnessed in Zoe's Kitchen Inc which led to swings in the share price. The shares opened for trading at $38.01 and hit $39.4099 on the upside , eventually ending the session at $39.22, with a gain of 2.78% or 1.06 points. The heightened volatility saw the trading volume jump to 4,89,206 shares. The 52-week high of the share price is $46.61 and the company has a market cap of $762 M . The 52-week low of the share price is at $23.17.
Zoe’s Kitchen Inc. (Zoes) primarily develops and operates fast-casual restaurants serving a range of Mediterranean dishes. As of December 29 2014 the Company had 129 Company-owned restaurants and three franchise restaurants in 15 states across the United States. The Company’s menu offers meals made generally from scratch using produce proteins and other ingredients that are preservative- and additive-free including its appetizers soups salads and kabobs. Its restaurant size averages approximately 2750 square feet. The Company’s food including both hot and cold items is used for catering in a range of business and social occasions. The Company offers social catering solutions designed for its customers’ life events including Zoes Party Packs which are bundled catering packages for birthday parties baby and bridal showers sporting and outdoor events girls night out and family gatherings.