A Major Shareholder at Famous Dave’s Of America (NASDAQ: DAVE) is Selling Shares

By George MacDonald

Today, a Major Shareholder at Famous Dave’s Of America (NASDAQ: DAVE), Lioneye Capital Management Llc, sold shares of DAVE for $465.1k.

Over the last month, Lioneye Capital Management Llc has reported 3 Sell trades on DAVE for a total of $755.5k.

The company has a one year high of $34.72 and a one year low of $6.70. Currently, Famous Dave’s Of America has an average volume of 68.09k.

Looking at blogger coverage of DAVE, there is a 60% Bearish tendency on the stock, in relation to a 68% average bullish tendency within the Service sector.

Over the last 3 months, the insider sentiment on Famous Dave’s Of America has been negative based on 21 corporate insider transactions. This sentiment is lower than the average sector sentiment of insiders.

Famous Dave’s of America Inc develops, owns, and operates restaurants in the United States. The Company offers smoked, barbeque, grilled meat, and entre items using prepared proprietary seasonings, sauces, and mixes.