Jonathan Green Sells 101,687 Shares of Waitr Holdings Inc. (NASDAQ:WTRH) Stock

Waitr Holdings Inc. (NASDAQ:WTRHGet Rating) Director Jonathan Green sold 101,687 shares of the stock in a transaction that occurred on Monday, June 6th. The shares were sold at an average price of $0.17, for a total transaction of $17,286.79. Following the sale, the director now directly owns 1,219,766 shares of the company’s stock, valued at $207,360.22. The sale was disclosed in a document filed with the SEC, which is available through this link.

Jonathan Green also recently made the following trade(s):

  • On Thursday, June 2nd, Jonathan Green sold 170,889 shares of Waitr stock. The shares were sold at an average price of $0.18, for a total transaction of $30,760.02.
  • On Tuesday, May 31st, Jonathan Green sold 255,891 shares of Waitr stock. The shares were sold at an average price of $0.19, for a total transaction of $48,619.29.
  • On Friday, May 27th, Jonathan Green sold 130,009 shares of Waitr stock. The shares were sold at an average price of $0.20, for a total transaction of $26,001.80.
  • On Monday, May 23rd, Jonathan Green sold 47,888 shares of Waitr stock. The shares were sold at an average price of $0.20, for a total transaction of $9,577.60.
  • On Friday, May 20th, Jonathan Green sold 24,837 shares of Waitr stock. The shares were sold at an average price of $0.21, for a total transaction of $5,215.77.
  • On Tuesday, May 17th, Jonathan Green sold 8,828 shares of Waitr stock. The shares were sold at an average price of $0.22, for a total transaction of $1,942.16.

WTRH traded down $0.01 during trading hours on Tuesday, hitting $0.15. The company’s stock had a trading volume of 4,553,864 shares, compared to its average volume of 2,861,986. The business’s 50-day moving average price is $0.25 and its 200-day moving average price is $0.52. Waitr Holdings Inc. has a 12 month low of $0.15 and a 12 month high of $2.51. The stock has a market cap of $24.18 million, a price-to-earnings ratio of -0.30 and a beta of -0.99. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 1.26.

Waitr (NASDAQ:WTRHGet Rating) last announced its quarterly earnings results on Monday, May 9th. The company reported ($0.05) earnings per share for the quarter. Waitr had a negative return on equity of 21.32% and a negative net margin of 47.34%. The business had revenue of $35.04 million during the quarter.

Separately, Benchmark reduced their price target on shares of Waitr from $4.00 to $2.00 and set a “buy” rating on the stock in a research report on Monday, March 14th.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Morgan Stanley boosted its stake in Waitr by 1,401.6% during the third quarter. Morgan Stanley now owns 12,120,560 shares of the company’s stock worth $10,732,000 after buying an additional 11,313,365 shares during the period. Goldman Sachs Group Inc. boosted its stake in Waitr by 1,466.9% during the third quarter. Goldman Sachs Group Inc. now owns 398,408 shares of the company’s stock worth $353,000 after buying an additional 372,981 shares during the period. Virtu Financial LLC boosted its stake in Waitr by 76.1% during the fourth quarter. Virtu Financial LLC now owns 185,919 shares of the company’s stock worth $138,000 after buying an additional 80,327 shares during the period. Millennium Management LLC purchased a new position in Waitr during the fourth quarter worth $89,000. Finally, D. E. Shaw & Co. Inc. purchased a new position in Waitr during the fourth quarter worth $42,000. Institutional investors own 13.89% of the company’s stock.

Waitr Company Profile (Get Rating)

Waitr Holdings Inc, together with its subsidiaries, operates an online ordering technology platform in the United States. Its Waitr, Bite Squad, and Delivery Dudes mobile applications provide delivery, carryout, dine-in options, connecting restaurants, drivers, and diners. As of December 31, 2021, the company had approximately 26,000 restaurants on the platforms.

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