Regulatory Insider Filing: The Insider, Delta Partners Lp Picked up 392,007 Shares of Good Times Restaurants Inc. (NASDAQ:GTIM)

November 23, 2016 - By Hazel Jackson

Regulatory Insider Filing: The Insider, Delta Partners Lp Picked up 392,007 Shares of Good Times Restaurants Inc. (NASDAQ:GTIM)

Delta Partners Lp Insider Buy

The Good Times Restaurants Inc’s insider Delta Partners Lp bought – 392,007 shares of Good Times Restaurants Inc, calculated based on the stock price per share of $3.0 for every share. These shares had a value of around $1.18 million US Dollars. The odds that this trade stays hidden are very little on account of the huge amount of cash involved. Today, Delta Partners Lp owns 2.25 million shares which make up around 18.31% of Good Times Restaurants Inc’s total market capitalization.

Insitutional Activity: The institutional sentiment increased to 1.5 in Q2 2016. Its up 0.91, from 0.59 in 2016Q1. The ratio increased, as 14 funds sold all Good Times Restaurants Inc. shares owned while 3 reduced positions. 4 funds bought stakes while 6 increased positions. They now own 3.94 million shares or 20.26% less from 4.94 million shares in 2016Q1.

Wellington Mgmt Gru Llp, a Massachusetts-based fund reported 844,600 shares. Morgan Stanley holds 0% of its portfolio in Good Times Restaurants Inc. (NASDAQ:GTIM) for 4,000 shares. Geode Capital Mngmt Limited Liability Company has invested 0% of its portfolio in Good Times Restaurants Inc. (NASDAQ:GTIM). Bank Of America Corporation De holds 0% of its portfolio in Good Times Restaurants Inc. (NASDAQ:GTIM) for 52 shares. Blackrock Institutional Co Na holds 0% or 25,936 shares in its portfolio. Driehaus Mngmt Ltd last reported 0.05% of its portfolio in the stock. Barclays Public Ltd Liability holds 0% or 2,800 shares in its portfolio. Cooper Creek Prtnrs Limited Liability last reported 433,168 shares in the company. State Bank Of Ny Mellon has 0% invested in the company for 10,631 shares. California Pub Employees Retirement Systems has invested 0% of its portfolio in Good Times Restaurants Inc. (NASDAQ:GTIM). Df Dent & Commerce last reported 28,639 shares in the company. Moreover, Northern Trust has 0% invested in Good Times Restaurants Inc. (NASDAQ:GTIM) for 14,077 shares. Granite Point Management L P owns 317,800 shares or 0.48% of their US portfolio. Vanguard Gru Inc owns 237,088 shares or 0% of their US portfolio. Tower Research Capital Ltd Liability Corporation (Trc) holds 250 shares or 0% of its portfolio.

Insider Transactions: Since June 13, 2016, the stock had 6 buys, and 1 sale for $325,231 net activity. $134,058 worth of Good Times Restaurants Inc. (NASDAQ:GTIM) was bought by DELTA PARTNERS LP on Thursday, October 27. 10,000 shares with value of $34,800 were sold by Heller Gary J on Monday, June 13.

About 7,771 shares traded hands. Good Times Restaurants Inc. (NASDAQ:GTIM) has declined 16.89% since April 21, 2016 and is downtrending. It has underperformed by 22.22% the S&P500.

Good Times Restaurants Inc. operates and franchises Good Times Burgers & Frozen Custard restaurants and Bad Daddy’s Burger Bar concept. The company has a market cap of $39.30 million. The Firm operates through two business divisions: Good Times Burgers and Frozen Custard restaurants and Bad Daddy’s Burger Bar restaurants (Bad Daddy’s). It currently has negative earnings. The menu of Good Times includes hamburgers, cheeseburgers, chicken sandwiches, French fries, onion rings, fresh lemonades, soft drinks and frozen custard products plus a breakfast menu consisting of breakfast burritos, orange juice and coffee.

According to Zacks Investment Research, “Good Times Restaurants Inc. is a holding company. Through its wholly-owned subsidiary, they are engaged in the business of developing, owning, operating and franchising restaurants under the name Good Times Drive Thru Burgers. Good Times DriveThru Burgers restaurants are owned, operated and franchised by their subsidiary, Good Times Drive Thru Inc. Good Times Drive Thru Burgers restaurants feature a limited menu for drive-through and walk-up customers.”

Analysts await Good Times Restaurants Inc. (NASDAQ:GTIM) to report earnings on December, 13. After $0.04 actual earnings per share reported by Good Times Restaurants Inc. for the previous quarter, Wall Street now forecasts -200.00% negative EPS growth.

Another recent and important Good Times Restaurants Inc. (NASDAQ:GTIM) news was published by Businesswire.com which published an article titled: “Good Times Burgers & Frozen Custard Gets Tails Wagging with Free Summer Treats” on June 14, 2016.

GTIM Company Profile

Good Times Restaurants Inc., incorporated on October 6, 1987, operates and franchises Good Times Burgers & Frozen Custard restaurants and Bad Daddy’s Burger Bar concept. The Firm operates through two business divisions: Good Times Burgers and Frozen Custard restaurants (Good Times) and Bad Daddy’s Burger Bar restaurants (Bad Daddy’s). The Company’s subsidiaries include Good Times Drive Thru, Inc. (Drive Thru), BD of Colorado, LLC (BD of Colo), Bad Daddy’s Franchise Development, LLC (BDFD) and Bad Daddy’s International, LLC (BDI). The Company’s Drive Thru operates approximately 20 company-owned and over five joint venture drive-in fast food hamburger restaurants under the name, Good Times Burgers & Frozen Custard. The Company’s restaurants are located in Colorado. In addition, Drive Thru has approximately 10 franchises, operating in Colorado and Wyoming. The Company’s BD of Colo operates over three company-owned casual dining restaurants under the name Bad Daddy’s Burger Bar, all of which are located in Colorado.

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