Denny's Co. (NASDAQ:DENN) EVP F Mark Wolfinger sold 15,000 shares of Denny's stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $13.44, for a total transaction of $201,600.00. Following the transaction, the executive vice president now directly owns 682,697 shares in the company, valued at $9,175,447.68. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

F Mark Wolfinger also recently made the following trade(s):

  • On Thursday, December 7th, F Mark Wolfinger sold 16,006 shares of Denny's stock. The stock was sold at an average price of $13.31, for a total transaction of $213,039.86.
  • On Tuesday, December 5th, F Mark Wolfinger sold 9,414 shares of Denny's stock. The stock was sold at an average price of $13.64, for a total transaction of $128,406.96.
  • On Tuesday, November 28th, F Mark Wolfinger sold 10,000 shares of Denny's stock. The stock was sold at an average price of $13.07, for a total transaction of $130,700.00.
  • On Friday, November 17th, F Mark Wolfinger sold 10,000 shares of Denny's stock. The stock was sold at an average price of $12.57, for a total transaction of $125,700.00.

Shares of Denny's Co. (DENN) traded up $0.08 during trading hours on Friday, hitting $13.41. 642,889 shares of the company were exchanged, compared to its average volume of 329,100. The company has a quick ratio of 0.36, a current ratio of 0.40 and a debt-to-equity ratio of -2.95. The stock has a market cap of $870.22, a P/E ratio of 23.90 and a beta of 0.57. Denny's Co. has a 52 week low of $10.87 and a 52 week high of $14.25.

Denny's (NASDAQ:DENN) last issued its quarterly earnings results on Wednesday, November 1st. The restaurant operator reported $0.14 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.14. The company had revenue of $132.38 million for the quarter, compared to the consensus estimate of $133.58 million. Denny's had a net margin of 7.21% and a negative return on equity of 52.30%. The firm’s quarterly revenue was up 3.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.13 EPS. analysts predict that Denny's Co. will post 0.55 EPS for the current year.

Several large investors have recently modified their holdings of DENN. PNC Financial Services Group Inc. raised its stake in Denny's by 68.3% in the 2nd quarter. PNC Financial Services Group Inc. now owns 9,957 shares of the restaurant operator’s stock valued at $116,000 after acquiring an additional 4,041 shares during the period. LMR Partners LLP bought a new stake in Denny's in the 3rd quarter valued at about $127,000. BNP Paribas Arbitrage SA raised its stake in Denny's by 939.9% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 11,376 shares of the restaurant operator’s stock valued at $134,000 after acquiring an additional 10,282 shares during the period. Menta Capital LLC bought a new stake in Denny's in the 2nd quarter valued at about $172,000. Finally, Rice Hall James & Associates LLC raised its stake in Denny's by 1.0% in the 2nd quarter. Rice Hall James & Associates LLC now owns 16,066 shares of the restaurant operator’s stock valued at $189,000 after acquiring an additional 161 shares during the period. 91.53% of the stock is currently owned by institutional investors.

A number of equities analysts recently weighed in on the stock. Zacks Investment Research raised shares of Denny's from a “sell” rating to a “hold” rating in a report on Tuesday, October 3rd. TheStreet raised shares of Denny's from a “c+” rating to a “b-” rating in a report on Monday, October 16th. Finally, BidaskClub downgraded shares of Denny's from a “sell” rating to a “strong sell” rating in a report on Saturday, August 26th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $12.67.

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About Denny's

Denny’s Corporation (Denny’s) operates a franchised full-service restaurant chain. The Company, through its subsidiary, Denny’s, Inc, owns and operates the Denny’s brand. As of December 28, 2016, the Denny’s brand consisted of 1,733 franchised, licensed and Company-operated restaurants around the world, including 1,610 restaurants in the United States and 123 international locations.

Insider Buying and Selling by Quarter for Denny's (NASDAQ:DENN)

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