Guess Who Picked Rave Restaurant Group Inc. (NASDAQ:RAVE) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Rave Restaurant Group Inc. (NASDAQ:RAVE) reported that Newcastle Partners L P. has picked up 2,481,864 of common stock as of 2017-03-23.

The acquisition brings the aggregate amount owned by Newcastle Partners L P. to a total of 2,481,864 representing a 21.9% stake in the company.

For those not familiar with the company, Rave Restaurant Group, Inc. operates and franchises pizza buffet, delivery/carry-out and express restaurants domestically and internationally under the trademark, Pizza Inn, and operates and franchises domestic fast casual restaurants under the trademarks Pie Five Pizza Company (Pie Five). The Company has two operating segments, which include Company-owned Restaurants, and Franchising and Food and Supply Distribution. The Franchising and Food and Supply Distribution segment establishes franchisees and franchise territorial rights, and sells and distributes proprietary and non-proprietary food and other items to franchisees. The Company-owned Restaurant segment includes sales and operating results for all Company-owned restaurants. It provides or facilitates the procurement and distribution of food, equipment and supplies to domestic and international system of restaurants through Norco Restaurant Services Company (Norco) division and through agreements with third-party distributors.

A glance at Rave Restaurant Group Inc. (NASDAQ:RAVE)’s key stats reveals a current market capitalization of 19.01 Million based on 10.66 Million shares outstanding and a price at last close of $1.78 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2017-03-08, Crane picked up 4,000 at a purchase price of $2.09. This brings their total holding to 5,000 as of the date of the filing.

On the sell side, the most recent transaction saw Mullany unload 11,000 shares at a sale price of $3.03. This brings their total holding to 10,980.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Rave Restaurant Group Inc. (NASDAQ:RAVE) as things move forward to see if its progress aligns with these transactions.

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Guess Who Picked Up Dominos Pizza Inc. (NYSE:DPZ) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Dominos Pizza Inc. (NYSE:DPZ) reported that Tiger Global Management LLC. has picked up 3,000,000     of common stock as of 2017-02-17.

The acquisition brings the aggregate amount owned by Tiger Global Management LLC. to a total of 3,000,000 representing a 6.2% stake in the company.

For those not familiar with the company, Domino’s Pizza, Inc. is a pizza restaurant chain. The Company operates pizza stores at 12,500 locations in over 80 markets. It operates through three segments: domestic stores, international franchise and supply chain. Its Domestic Stores segment consists primarily of its franchise operations, through which it operates network of over 4,820 franchised stores located in the United States. Its International Franchise segment consists of a network of franchised stores in approximately 80 international markets. Its supply chain segment operates approximately 20 regional dough manufacturing and food supply chain centers in the United States; a thin crust manufacturing center; a vegetable processing center, and a center providing equipment and supplies to certain of its domestic and international stores. Its basic menu features pizza products in various sizes and crust types. Its stores also offer oven-baked sandwiches, pasta, bread side items, desserts and soft drink products.

A glance at Dominos Pizza Inc. (NYSE:DPZ)’s key stats reveals a current market capitalization of 9.06 billion based on 48.19 million shares outstanding and a price at last close of $187.93 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2015-07-22, Balson picked up 8,870 at a purchase price of $112.33. This brings their total holding to 8,870 as of the date of the filing.

On the sell side, the most recent transaction saw Hamilton unload 4,000 shares at a sale price of $165.28. This brings their total holding to 30,230.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Dominos Pizza Inc. (NYSE:DPZ) as things move forward to see if its progress aligns with these transactions.

Subscribe below and we’ll keep you on top of what’s happening before it moves markets.

 

 

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