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Insider Trends: Selling By Insiders Lingers at Texas Roadhouse

05/07/2021 17:14

09:02 PM EDT, 05/07/2021 (MT Newswires) -- James R Zarley, Director, sold 35,000 shares in Texas Roadhouse (TXRH) for $3,609,439 on May 05, 2021. Zarley controls 95,943 shares of company stock of which 73,043 shares are owned directly and 22,900 shares indirectly after the transactions described in the SEC Form 4 filing. These holdings have an approximate market value of $9.91 million as of the prior-day closing price.

Over the last 90 days, prior to the date of this filing, there have been 16 insider transactions reported to the SEC for Texas Roadhouse. These transactions came from the activities of 5 separate insiders that resulted in a net disposition of 102,476 company shares. In the preceding 90-day window of time, there were 18 transactions from 8 insiders and resulted in the net disposition of 119,280 shares.

This is a lower level of transactions than the peer group average in the 12-company Commercial Food Services peer group over the last 90-day period. Within the peer group activity averaged 148.3 transactions per company, and disposition of 143,852 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1289460/000117911021005031/xslF345X03/edgar.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.