Chanticleer Holdings Inc (NASDAQ:HOTR) insider has recently participated in insider trading activity. CEO, Chairman, Pruitt Michael D bought 400 shares for $232 via one transaction Sep 28. Following the transaction, the insider now owns 6,200 shares in total, priced at $3472 as of Thursday. Another notable insider trading was done by the same insider on Sep 15. Pruitt Michael D acquired 800 shares at an average price of $0.58 for a total of $467. Moreover, this insider carried out a buy of 500 shares at $0.41 each on Sep 07. The transaction amounted to $205. Director Carroll J Michael bought 4,000 shares for $2,520 through one transaction Sep 23. Following this sale, this insider’s stake in the company comprises 20,500 shares, priced at $11480 as of Thursday.
The stock has experienced a total of 9 insider trades in the past three months. These trades include 0 sell activities and 9 buy trades. Furthermore, over the past 12 months, the stock was traded 12 times by insiders. In 0 of these trades, the insider was a seller while an employee of the company was the buyer in just 12 instances.
Chanticleer Holdings Inc (HOTR) on August 30, 2016 announced that it has raised $500,000 in direct EB-5 financing to open two Little Big Burgers (LBB) in Oregon. The Company currently has nine LBB restaurants in Oregon.
Read more by clicking below image