What Did This CEO Just Do with Personal Shares of Carrols Restaurant Group (NASDAQ: TAST)?

By Carrie Williams

Today, the CEO & President of Carrols Restaurant Group (NASDAQ: TAST), Daniel Accordino, sold shares of TAST for $171.8K.

Based on Carrols Restaurant Group’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $241 million and quarterly net profit of $29.46 million. In comparison, last year the company earned revenue of $229 million and had a net profit of $7.02 million. The company has a one year high of $17.55 and a one year low of $9.60. TAST’s market cap is $504.2M and the company has a P/E ratio of 13.96.

The insider sentiment on Carrols Restaurant Group has been positive according to 20 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Daniel Accordino’s trades have generated a -3.9% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Carrols Restaurant Group, Inc. owns and operates Burger King Restaurants located in Northeastern, Midwestern and Southeastern states under Burger King Brand. The Burger King restaurants serve flame-broiled Whopper sandwich, as well as a variety of hamburgers, chicken and other specialty sandwiches, fries, salads, breakfast items, snacks, smoothies, frappes and other offerings. Carrols Restaurant Group was founded in 1960 and is headquartered in Syracuse, NY.