BurgerFi International, Inc. (NASDAQ:BFI) Major Shareholder Sells $11,130.00 in Stock

BurgerFi International, Inc. (NASDAQ:BFI – Get Rating) major shareholder John Rosatti Revocable Trust sold 3,000 shares of the stock in a transaction that occurred on Friday, April 8th. The shares were sold at an average price of $3.71, for a total value of $11,130.00. Following the completion of the sale, the insider now directly owns 3,737,540 shares of the company’s stock, valued at $13,866,273.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own 10% or more 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 Monday, April 11th, John Rosatti Revocable Trust sold 3,000 shares of BurgerFi International stock. The stock was sold at an average price of $3.70, for a total value of $11,100.00.
• On Wednesday, April 6th, John Rosatti Revocable Trust sold 1,400 shares of BurgerFi International stock. The stock was sold at an average price of $3.81, for a total value of $5,334.00.
• On Monday, April 4th, John Rosatti Revocable Trust sold 3,000 shares of BurgerFi International stock. The shares were sold at an average price of $4.07, for a total value of $12,210.00.
• On Friday, April 1st, John Rosatti Revocable Trust sold 3,000 shares of BurgerFi International stock. The shares were sold at an average price of $4.04, for a total value of $12,120.00.
• On Wednesday, March 30th, John Rosatti Revocable Trust sold 3,000 shares of BurgerFi International stock. The shares were sold at an average price of $4.25, for a total value of $12,750.00.
• On Monday, March 28th, John Rosatti Revocable Trust sold 3,000 shares of BurgerFi International stock. The stock was sold at an average price of $4.40, for a total value of $13,200.00.
• On Wednesday, March 23rd, John Rosatti Revocable Trust sold 3,000 shares of BurgerFi International stock. The shares were sold at an average price of $4.20, for a total value of $12,600.00.
• On Monday, March 21st, John Rosatti Revocable Trust sold 3,000 shares of BurgerFi International stock. The shares were sold at an average price of $4.26, for a total value of $12,780.00.
• On Friday, March 18th, John Rosatti Revocable Trust sold 2,500 shares of BurgerFi International stock. The stock was sold at an average price of $4.58, for a total value of $11,450.00.
• On Wednesday, March 16th, John Rosatti Revocable Trust sold 3,000 shares of BurgerFi International stock. The shares were sold at an average price of $4.49, for a total value of $13,470.00.

Shares of BFI stock opened at $3.90 on Thursday. The firm has a fifty day moving average of $4.59 and a two-hundred day moving average of $6.24. BurgerFi International, Inc. has a 1-year low of $3.61 and a 1-year high of $14.90.

Large investors have recently bought and sold shares of the stock. Royal Bank of Canada raised its holdings in shares of BurgerFi International by 31.1% during the second quarter. Royal Bank of Canada now owns 9,282 shares of the company’s stock worth $93,000 after purchasing an additional 2,200 shares during the period. Centaurus Financial Inc. raised its stake in BurgerFi International by 6.7% during the third quarter. Centaurus Financial Inc. now owns 39,620 shares of the company’s stock worth $343,000 after acquiring an additional 2,473 shares during the period. Morgan Stanley lifted its holdings in BurgerFi International by 158.5% in the third quarter. Morgan Stanley now owns 5,591 shares of the company’s stock worth $49,000 after acquiring an additional 3,428 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of BurgerFi International by 3.8% during the third quarter. Geode Capital Management LLC now owns 111,257 shares of the company’s stock valued at $963,000 after purchasing an additional 4,068 shares during the last quarter. Finally, UBS Group AG grew its holdings in shares of BurgerFi International by 141.4% during the third quarter. UBS Group AG now owns 12,261 shares of the company’s stock valued at $106,000 after purchasing an additional 7,181 shares during the last quarter. Institutional investors and hedge funds own 35.01% of the company’s stock.

BurgerFi International Company Profile (Get Rating)

BurgerFi International, Inc, together with its subsidiaries, operates as a franchisor of quick service restaurants. Its products include burgers, hot dogs, crispy chicken, frozen custard, hand-cut fries, shakes, beer, wine, and others. As of May 25, 2021, it operated approximately 120 BurgerFi restaurants in the United States and internationally.

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