Habit Restaurants Inc (NASDAQ:HABT) insider Peter Whitwell sold 1,500 shares of Habit Restaurants stock in a transaction that occurred on Tuesday, September 4th. The stock was sold at an average price of $16.45, for a total value of $24,675.00. Following the completion of the transaction, the insider now owns 21,474 shares of the company’s stock, valued at approximately $353,247.30. The sale was disclosed in a document filed with the SEC, which is available at this link.

Peter Whitwell also recently made the following trade(s):

  • On Wednesday, August 1st, Peter Whitwell sold 1,500 shares of Habit Restaurants stock. The stock was sold at an average price of $12.60, for a total value of $18,900.00.
  • On Monday, July 2nd, Peter Whitwell sold 1,500 shares of Habit Restaurants stock. The stock was sold at an average price of $9.95, for a total value of $14,925.00.

Shares of NASDAQ HABT traded down $0.05 during mid-day trading on Friday, hitting $17.40. The company had a trading volume of 2,408 shares, compared to its average volume of 348,402. The company has a market cap of $461.70 million, a price-to-earnings ratio of 105.00, a price-to-earnings-growth ratio of 11.87 and a beta of 0.91. Habit Restaurants Inc has a 12 month low of $8.10 and a 12 month high of $18.30. The company has a current ratio of 0.98, a quick ratio of 0.93 and a debt-to-equity ratio of 0.12.

Habit Restaurants (NASDAQ:HABT) last announced its quarterly earnings results on Wednesday, August 1st. The restaurant operator reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.05. The business had revenue of $102.85 million for the quarter, compared to the consensus estimate of $99.68 million. Habit Restaurants had a positive return on equity of 1.68% and a negative net margin of 0.84%. The business’s revenue was up 23.4% on a year-over-year basis. During the same quarter last year, the business posted $0.06 EPS. equities analysts forecast that Habit Restaurants Inc will post 0.05 earnings per share for the current fiscal year.

Several analysts recently issued reports on HABT shares. Wedbush raised Habit Restaurants from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $10.00 to $15.00 in a report on Monday, July 30th. Guggenheim reissued a “buy” rating and issued a $15.00 price target on shares of Habit Restaurants in a report on Thursday, August 2nd. TheStreet raised Habit Restaurants from a “d” rating to a “c-” rating in a report on Monday, July 30th. Zacks Investment Research raised Habit Restaurants from a “sell” rating to a “hold” rating in a report on Wednesday, August 1st. Finally, Maxim Group downgraded Habit Restaurants from a “buy” rating to a “hold” rating in a report on Friday, August 3rd. They noted that the move was a valuation call. Six equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $14.43.

A number of institutional investors have recently made changes to their positions in the business. Bank of America Corp DE raised its stake in Habit Restaurants by 8.0% during the 2nd quarter. Bank of America Corp DE now owns 597,152 shares of the restaurant operator’s stock valued at $5,972,000 after acquiring an additional 44,055 shares in the last quarter. Manatuck Hill Partners LLC bought a new stake in Habit Restaurants during the 2nd quarter valued at $1,250,000. Renaissance Technologies LLC raised its stake in Habit Restaurants by 10.4% during the 2nd quarter. Renaissance Technologies LLC now owns 892,300 shares of the restaurant operator’s stock valued at $8,923,000 after acquiring an additional 83,900 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Habit Restaurants by 38.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 856,697 shares of the restaurant operator’s stock valued at $8,567,000 after acquiring an additional 238,193 shares in the last quarter. Finally, BlackRock Inc. raised its stake in Habit Restaurants by 4.8% during the 2nd quarter. BlackRock Inc. now owns 1,468,261 shares of the restaurant operator’s stock valued at $14,683,000 after acquiring an additional 66,729 shares in the last quarter. 59.57% of the stock is currently owned by hedge funds and other institutional investors.

About Habit Restaurants

The Habit Restaurants, Inc, a holding company, operates and franchises fast casual restaurants under The Habit Burger Grill name. It specializes in offering made-to-order char-grilled burgers and sandwiches featuring choice tri-tip steak, grilled chicken, and sushi-grade tuna cooked over an open flame; and salads, as well as sides, shakes, and malts.

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