BurgerFi International, Inc. (NASDAQ:BFI) Major Shareholder Sells $11,600.00 in Stock

Posted by MarketBeat News on Mar 27th, 2024

BurgerFi International, Inc. (NASDAQ:BFI – Get Free Report) major shareholder John Rosatti Revocable Trust sold 20,000 shares of the stock in a transaction on Monday, March 25th. The shares were sold at an average price of $0.58, for a total value of $11,600.00. Following the completion of the transaction, the insider now directly owns 2,668,396 shares in the company, valued at approximately $1,547,669.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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

On Friday, March 22nd, 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 value 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 value of $12,200.00.
On Monday, March 4th, 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 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 transaction 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 transaction of $12,000.00.
On Monday, February 26th, John Rosatti Revocable Trust sold 20,000 shares of BurgerFi International stock. The shares were 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 shares were sold at an average price of $0.61, for a total transaction 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 transaction of $13,800.00.

BurgerFi International Trading Up 6.6 %

Shares of BurgerFi International stock opened at $0.62 on Wednesday. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.40 and a quick ratio of 0.36. BurgerFi International, Inc. has a 1 year low of $0.54 and a 1 year high of $2.06. The company has a market capitalization of $16.63 million, a P/E ratio of -0.31 and a beta of 0.51. The business has a 50 day moving average price of $0.64 and a 200 day moving average price of $0.89.

Institutional Trading of BurgerFi International

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Hedge funds and other institutional investors have recently bought and sold shares of the company. State Street Corp lifted its holdings in shares of BurgerFi International by 10.5% during the 1st quarter. State Street Corp now owns 43,393 shares of the company’s stock valued at $181,000 after acquiring an additional 4,113 shares in the last quarter. BlackRock Inc. grew its position in shares of BurgerFi International by 5.4% during the 1st quarter. BlackRock Inc. now owns 100,832 shares of the company’s stock valued at $420,000 after buying an additional 5,149 shares during the last quarter. UBS Group AG grew its position in BurgerFi International by 104.0% in the 4th quarter. UBS Group AG now owns 20,339 shares of the company’s stock worth $26,000 after purchasing an additional 10,369 shares during the last quarter. PDT Partners LLC bought a new position in shares of BurgerFi International in the first quarter valued at approximately $67,000. Finally, Bridgeway Capital Management LLC boosted its holdings in shares of BurgerFi International by 45.9% in the fourth quarter. Bridgeway Capital Management LLC now owns 63,588 shares of the company’s stock valued at $55,000 after acquiring an additional 20,000 shares in the last quarter. 15.14% of the stock is owned by hedge funds and other institutional investors.

About BurgerFi International

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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.