Bard Associates Inc. Has $1.26 Million Holdings in GEN Restaurant Group, Inc. (NASDAQ:GENK)

Bard Associates Inc. trimmed its position in shares of GEN Restaurant Group, Inc. (NASDAQ:GENK) by 4.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 168,201 shares of the company’s stock after selling 7,475 shares during the period. Bard Associates Inc.’s holdings in GEN Restaurant Group were worth $1,258,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Wasatch Advisors LP lifted its stake in GEN Restaurant Group by 72.7% in the third quarter. Wasatch Advisors LP now owns 838,451 shares of the company’s stock valued at $7,077,000 after acquiring an additional 352,922 shares during the last quarter. Portolan Capital Management LLC increased its stake in shares of GEN Restaurant Group by 1.8% during the 3rd quarter. Portolan Capital Management LLC now owns 372,759 shares of the company’s stock worth $3,146,000 after purchasing an additional 6,641 shares during the last quarter. Skylands Capital LLC raised its holdings in shares of GEN Restaurant Group by 3.4% during the 4th quarter. Skylands Capital LLC now owns 243,992 shares of the company’s stock valued at $1,825,000 after purchasing an additional 8,092 shares in the last quarter. Sanders Morris Harris LLC lifted its stake in shares of GEN Restaurant Group by 14.3% in the 4th quarter. Sanders Morris Harris LLC now owns 219,990 shares of the company’s stock valued at $1,628,000 after purchasing an additional 27,591 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in GEN Restaurant Group by 5.5% in the third quarter. Geode Capital Management LLC now owns 46,496 shares of the company’s stock worth $393,000 after purchasing an additional 2,427 shares in the last quarter. Institutional investors own 10.22% of the company’s stock.

GEN Restaurant Group Stock Down 2.2 %

Shares of GEN Restaurant Group stock opened at $5.67 on Tuesday. GEN Restaurant Group, Inc. has a 12-month low of $5.26 and a 12-month high of $14.46. The company has a quick ratio of 0.87, a current ratio of 0.91 and a debt-to-equity ratio of 0.12. The stock has a 50 day moving average price of $6.60 and a two-hundred day moving average price of $7.82. The stock has a market capitalization of $185.98 million, a P/E ratio of 33.35 and a beta of 1.89.

Insider Transactions at GEN Restaurant Group

In other news, CEO David Wook Jin Kim acquired 4,277 shares of GEN Restaurant Group stock in a transaction dated Thursday, December 19th. The stock was acquired at an average cost of $7.36 per share, for a total transaction of $31,478.72. Following the completion of the purchase, the chief executive officer now owns 151,870 shares of the company’s stock, valued at $1,117,763.20. This represents a 2.90 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. 61.13% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Separately, Benchmark restated a “buy” rating and set a $14.00 target price on shares of GEN Restaurant Group in a report on Monday, November 18th.

GEN Restaurant Group Profile

GEN Restaurant Group, Inc operates restaurants in California, Arizona, Hawaii, Nevada, Texas, New York, and Florida. It offers meats, poultry, and seafood. The company was founded in 2011 and is based in Cerritos, California.