Morton's Restaurant Group, Inc. (NYSE:MRT) CAO David L. Travis bought 2,500 shares of Morton's Restaurant Group stock in a transaction on Tuesday, October 4th. The stock was acquired at an average price of $12.00 per share, for a total transaction of $30,000.00. Following the purchase, the chief accounting officer now owns 15,934 shares of the company’s stock, valued at $191,208. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.

Shares of Morton's Restaurant Group, Inc. (NYSE:MRT) opened at 11.40 on Friday. The firm has a 50-day moving average price of $11.56 and a 200-day moving average price of $11.56. Morton's Restaurant Group, Inc. has a 1-year low of $11.17 and a 1-year high of $11.99.

About Morton's Restaurant Group

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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