Randy L. Churchey Purchases 15,000 Shares of Morton's Restaurant Group, Inc. (MRT) Stock
Morton's Restaurant Group, Inc. (NYSE:MRT) Director Randy L. Churchey purchased 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 4th. The shares were purchased at an average price of $12.00 per share, for a total transaction of $180,000.00. Following the completion of the transaction, the director now directly owns 39,720 shares of the company’s stock, valued at $476,640. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.
Shares of Morton's Restaurant Group, Inc. (NYSE:MRT) opened at 11.43 on Thursday. Morton's Restaurant Group, Inc. has a 52-week low of $11.17 and a 52-week high of $11.99. The company’s 50 day moving average price is $11.59 and its 200 day moving average price is $11.59.
Morton's Restaurant Group Company Profile
Morton’s Restaurant Group, Inc (MRG) is engaged in the business of owning and operating restaurants under the names Morton’s The Steakhouse (Morton’s) and Trevi (Trevi). As of January 2, 2011, the Company owned and operated 78 restaurants (77 Morton’s steakhouses and one Trevi restaurant). Its subsidiaries include Porterhouse, Inc, Morton’s of Chicago, Inc, Morton’s of Chicago/Atlanta, Inc, Morton’s of Chicago/Buckhead, Inc, Morton’s of Chicago/Chicago, Inc, Morton’s of Chicago/Cincinnati, Inc and Morton’s of Chicago/Clayton, Inc During the fiscal year ended January 2, 2011, (fiscal 2010), the Company opened a Morton’s steakhouse in Shanghai, China.
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