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Insider Trends: Insider Sale at Cheesecake Factory Slowing 90-Days of Buying

05/11/2021 09:41

01:37 PM EDT, 05/11/2021 (MT Newswires) -- David M Gordon, President, sold 18,000 shares in Cheesecake Factory (CAKE) for $1,149,471 on May 07, 2021. Gordon, following the transactions outlined in the Form 4 SEC filing, owns 25,605 company shares, with a market value, based on the prior-day closing price, of $1,580,085.

Over the last 90 days, prior to the date of this filing, there have been 32 insider transactions reported to the SEC for Cheesecake Factory. These transactions came from the activities of 6 separate insiders that resulted in a net acquisition of 69,567 company shares. In the preceding 90-day window of time, there are no insider transactions for the company.

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 144,095 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/887596/000117911021005130/xslF345X03/edgar.xml

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