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Which Institutions Own Shares In Red Robin Gourmet Burgers Inc (RRGB)?

Red Robin Gourmet Burgers Inc (NASDAQ: RRGB) is -52.61% lower on its value in year-to-date trading and has touched a low of $5.56 and a high of $15.76 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RRGB stock was last observed hovering at around $6.10 in the last trading session, with the day’s loss setting it -0.19%.

Currently trading at $5.91, the stock is -20.43% and -21.13% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.76 million and changing -3.11% at the moment leaves the stock -30.62% off its SMA200. RRGB registered -59.85% loss for a year compared to 6-month loss of -49.40%.

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The stock witnessed a -29.98% gain in the last 1 month and extending the period to 3 months gives it a -9.36%, and is -10.73% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.82% over the week and 6.06% over the month.

Red Robin Gourmet Burgers Inc (RRGB) has around 22516 employees, a market worth around $92.67M and $1.27B in sales. Profit margin for the company is -2.15%. Distance from 52-week low is 6.29% and -62.50% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.38%).

The EPS is expected to shrink by -5.28% this year

The shares outstanding are 15.53M, and float is at 14.98M with Short Float at 18.66%.

Red Robin Gourmet Burgers Inc (RRGB) Insider Activity

The most recent transaction is an insider sale by Archon Capital Management LLC, the company’s 10% Owner. SEC filings show that Archon Capital Management LLC sold 100,200 shares of the company’s common stock on May 17 ’24 at a price of $6.85 per share for a total of $0.69 million. Following the sale, the insider now owns 1.55 million shares.

Red Robin Gourmet Burgers Inc disclosed in a document filed with the SEC on May 16 ’24 that Archon Capital Management LLC (10% Owner) sold a total of 141,905 shares of the company’s common stock. The trade occurred on May 16 ’24 and was made at $7.09 per share for $1.01 million. Following the transaction, the insider now directly holds 1.65 million shares of the RRGB stock.

Still, SEC filings show that on May 15 ’24, Archon Capital Management LLC (10% Owner) disposed off 77,000 shares at an average price of $7.36 for $0.57 million. The insider now directly holds 1,793,692 shares of Red Robin Gourmet Burgers Inc (RRGB).

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