Wingstop Inc. (WING) Files Form 4 Insider Selling : Flynn Dekker Sells 5,036 Shares

Wingstop Inc. (WING): Flynn Dekker , Chief Marketing Officer of Wingstop Inc. sold 5,036 shares on Jun 30, 2016. The Insider selling transaction was reported by the company on Jul 5, 2016 to the Securities and Exchange Commission. The shares were sold at $27.03 per share for a total value of $136,128.62 , 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 29, 2016, Stacy Peterson (Chief Information Officer) sold 6,268 shares at $25.85 per share price.On Jun 29, 2016, William Engen (Chief Operating Officer) sold 4,340 shares at $25.85 per share price.Also, On Jun 23, 2016, Michael Skipworth (Corporate Controller) sold 5,000 shares at $27.42 per share price.On Jun 22, 2016, David A. Vernon (Chief Development Officer) sold 17,206 shares at $27.57 per share price.

Wingstop Inc: On Friday, Jul 1, 2016 heightened volatility was witnessed in Wingstop Inc which led to swings in the share price. The shares opened for trading at $28.43 and hit $28.58 on the upside , eventually ending the session at $28.33, with a gain of 3.96% or 1.08 points. The heightened volatility saw the trading volume jump to 6,80,529 shares. The 52-week high of the share price is $35.96 and the company has a market cap of $811 M . The 52-week low of the share price is at $20.3101.

Wingstop Inc Money Flow Index Chart

Wingstop Inc. (Wingstop) is a franchisor and operator of restaurants that specializes in hand-sauced and tossed chicken wings. The Company offers around 11 flavors on its bone-in and boneless chicken wings paired with hand-cut seasoned fries and sides made fresh daily. The Company operates business through two segments which include Franchise segment and Company segment. The Company’s Franchise segment consists of its domestic and international franchise restaurants. Its franchise operations segment consists of approximately 693 restaurants which are operated by its Wingstop franchisees in the United States and five countries outside of the United States. The Company’s Company segment consists of Company-owned restaurants which are located in the United States.

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