BurgerFi International, Inc. (NASDAQ:BFI) Major Shareholder John Rosatti Revocable Trust Sells 20,000 Shares

Posted by Stacy Sanders on Mar 28th, 2024

BurgerFi International, Inc. (NASDAQ:BFI – Get Free Report) major shareholder John Rosatti Revocable Trust sold 20,000 shares of BurgerFi International stock in a transaction dated Friday, March 22nd. The stock was sold at an average price of $0.58, for a total value of $11,600.00. Following the completion of the sale, the insider now directly owns 2,688,396 shares in the company, valued at $1,559,269.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

John Rosatti Revocable Trust also recently made the following trade(s):

On Monday, March 25th, John Rosatti Revocable Trust sold 20,000 shares of BurgerFi International stock. The shares were sold at an average price of $0.58, for a total value of $11,600.00.
On Wednesday, March 20th, John Rosatti Revocable Trust sold 20,000 shares of BurgerFi International stock. The stock was sold at an average price of $0.58, for a total value of $11,600.00.
On Monday, March 18th, John Rosatti Revocable Trust sold 20,000 shares of BurgerFi International stock. The stock was sold at an average price of $0.62, for a total transaction of $12,400.00.
On Thursday, March 14th, John Rosatti Revocable Trust sold 20,000 shares of BurgerFi International stock. The stock was sold at an average price of $0.61, for a total transaction of $12,200.00.
On Monday, March 4th, John Rosatti Revocable Trust sold 20,000 shares of BurgerFi International stock. The shares were sold at an average price of $0.62, for a total value of $12,400.00.
On Friday, March 1st, John Rosatti Revocable Trust sold 20,000 shares of BurgerFi International stock. The shares were sold at an average price of $0.62, for a total value of $12,400.00.
On Wednesday, February 28th, John Rosatti Revocable Trust sold 20,000 shares of BurgerFi International stock. The shares were sold at an average price of $0.60, for a total value of $12,000.00.
On Monday, February 26th, John Rosatti Revocable Trust sold 20,000 shares of BurgerFi International stock. The stock was sold at an average price of $0.61, for a total transaction of $12,200.00.
On Friday, February 23rd, John Rosatti Revocable Trust sold 20,000 shares of BurgerFi International stock. The stock was sold at an average price of $0.61, for a total value of $12,200.00.
On Wednesday, February 21st, John Rosatti Revocable Trust sold 20,000 shares of BurgerFi International stock. The shares were sold at an average price of $0.69, for a total value of $13,800.00.

BurgerFi International Stock Performance

Shares of BurgerFi International stock opened at $0.64 on Thursday. The stock’s fifty day moving average price is $0.64 and its 200-day moving average price is $0.89. BurgerFi International, Inc. has a 12 month low of $0.54 and a 12 month high of $2.06. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.36 and a current ratio of 0.40.

Hedge Funds Weigh In On BurgerFi International

A number of large investors have recently bought and sold shares of the business. UBS Group AG boosted its holdings in shares of BurgerFi International by 104.0% in the 4th quarter. UBS Group AG now owns 20,339 shares of the company’s stock valued at $26,000 after buying an additional 10,369 shares in the last quarter. Bridgeway Capital Management LLC raised its position in BurgerFi International by 45.9% during the 4th quarter. Bridgeway Capital Management LLC now owns 63,588 shares of the company’s stock worth $55,000 after buying an additional 20,000 shares during the last quarter. PDT Partners LLC purchased a new position in shares of BurgerFi International during the first quarter worth $67,000. Raymond James & Associates purchased a new position in shares of BurgerFi International during the 3rd quarter valued at about $83,000. Finally, Millennium Management LLC acquired a new position in shares of BurgerFi International in the second quarter worth about $115,000. Institutional investors own 15.14% of the company’s stock.

About BurgerFi International

(Get Free Report)

BurgerFi International, Inc, together with its subsidiaries, owns and franchises fast-casual and premium-casual dining restaurants. Its restaurants offer burgers, hot dogs, crispy chicken, frozen custard, hand-cut fries, shakes, beer, wine, pizza, coal fired chicken wings, homemade meatballs, and a variety of handcrafted sandwiches and salads.