Today it was reported that a Director at Nathan’s Famous (NASDAQ: NATH), Robert Eide, exercised options to buy 4,030 NATH shares at $33.43 a share, for a total transaction value of $134.7K.
Following Robert Eide’s last NATH Buy transaction on February 19, 2016, the stock climbed by 44.4%. This recent transaction increases Robert Eide’s holding in the company by 19.09% to a total of $2.26 million.
See today’s analyst top recommended stocks >>
NATH’s market cap is $376.5M and the company has a P/E ratio of 84.81. Currently, Nathan’s Famous has an average volume of 20.65K.
Robert Eide’s trades have generated a 11.0% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Nathan’s Famous, Inc. engages in the operation of franchised fast food units. It involves in the licensing, wholesale, and retail of products marketed under the Nathan’s Famous brand. The firm operates through the following business segments: Branded Product Program; Product Licensing; Restaurant Operations; and Corporate.
