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

BurgerFi International, Inc. (NASDAQ:BFIGet Free Report) major shareholder John Rosatti Revocable Trust sold 20,000 shares of the company’s stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $0.60, for a total transaction of $12,000.00. Following the completion of the sale, the insider now directly owns 3,170,096 shares in the company, valued at approximately $1,902,057.60. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Large shareholders that own more than 10% 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 Tuesday, January 30th, John Rosatti Revocable Trust sold 20,000 shares of BurgerFi International stock. The stock was sold at an average price of $0.65, for a total transaction of $13,000.00.
  • On Tuesday, January 16th, John Rosatti Revocable Trust sold 20,000 shares of BurgerFi International stock. The stock was sold at an average price of $0.68, for a total transaction of $13,600.00.
  • On Friday, January 12th, John Rosatti Revocable Trust sold 20,000 shares of BurgerFi International stock. The stock was sold at an average price of $0.72, for a total transaction of $14,400.00.
  • On Wednesday, January 10th, John Rosatti Revocable Trust sold 20,000 shares of BurgerFi International stock. The stock was sold at an average price of $0.77, for a total transaction of $15,400.00.
  • On Monday, January 8th, John Rosatti Revocable Trust sold 20,000 shares of BurgerFi International stock. The stock was sold at an average price of $0.81, for a total transaction of $16,200.00.
  • On Thursday, January 4th, John Rosatti Revocable Trust sold 20,000 shares of BurgerFi International stock. The stock was sold at an average price of $0.78, for a total transaction of $15,600.00.
  • On Thursday, December 28th, John Rosatti Revocable Trust sold 20,000 shares of BurgerFi International stock. The stock was sold at an average price of $0.93, for a total transaction of $18,600.00.
  • On Tuesday, December 26th, John Rosatti Revocable Trust sold 20,000 shares of BurgerFi International stock. The stock was sold at an average price of $0.84, for a total transaction of $16,800.00.
  • On Friday, December 22nd, John Rosatti Revocable Trust sold 20,000 shares of BurgerFi International stock. The stock was sold at an average price of $0.83, for a total transaction of $16,600.00.
  • On Wednesday, December 20th, John Rosatti Revocable Trust sold 20,000 shares of BurgerFi International stock. The stock was sold at an average price of $0.85, for a total transaction of $17,000.00.

BurgerFi International Stock Performance

Shares of NASDAQ BFI opened at $0.60 on Friday. The firm’s 50-day simple moving average is $0.79 and its 200 day simple moving average is $1.12. The company has a current ratio of 0.40, a quick ratio of 0.36 and a debt-to-equity ratio of 0.94. BurgerFi International, Inc. has a 12-month low of $0.54 and a 12-month high of $2.06.

BurgerFi International (NASDAQ:BFIGet Free Report) last released its earnings results on Wednesday, November 15th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.02). BurgerFi International had a negative net margin of 26.61% and a negative return on equity of 60.27%. The business had revenue of $39.48 million for the quarter.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in BFI. UBS Group AG increased its stake in BurgerFi International by 104.0% during 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 in the last quarter. Truist Financial Corp bought a new stake in BurgerFi International during the 2nd quarter worth approximately $66,000. PDT Partners LLC bought a new stake in BurgerFi International during the 1st quarter worth approximately $67,000. Raymond James & Associates bought a new stake in BurgerFi International during the 3rd quarter worth approximately $83,000. Finally, Millennium Management LLC bought a new stake in BurgerFi International during the 2nd quarter worth approximately $115,000. 39.16% of the stock is currently owned by institutional investors and hedge funds.

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.

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Insider Buying and Selling by Quarter for BurgerFi International (NASDAQ:BFI)

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