Famous Daves Of America Inc (NASDAQ:DAVE) Q1 2018 Sentiment Report

July 12, 2018 - By Tina Thibodeau

Famous Dave's of America, Inc. (NASDAQ:DAVE) Logo

Sentiment for Famous Daves Of America Inc (NASDAQ:DAVE)

Famous Daves Of America Inc (NASDAQ:DAVE) institutional sentiment increased to 2.4 in Q1 2018. Its up 0.15, from 2.25 in 2017Q4. The ratio is more positive, as 12 hedge funds increased and opened new positions, while 5 sold and decreased their stock positions in Famous Daves Of America Inc. The hedge funds in our partner’s database now own: 4.65 million shares, up from 4.27 million shares in 2017Q4. Also, the number of hedge funds holding Famous Daves Of America Inc in their top 10 positions was flat from 1 to 1 for the same number . Sold All: 2 Reduced: 3 Increased: 7 New Position: 5.

Famous Dave’s of America, Inc. develops, owns, operates, and franchises restaurants under the Famous Dave’s name. The company has market cap of $58.50 million. It offers smoked, barbequed, and grilled meats, as well as entrée items and delicious side dishes that are prepared using prepared proprietary seasonings, sauces, and mixes. It currently has negative earnings. The firm operates full-service and counter-service restaurants.

The stock increased 0.78% or $0.05 during the last trading session, reaching $6.45. About 3,094 shares traded. Famous Dave's of America, Inc. (NASDAQ:DAVE) has risen 94.81% since July 12, 2017 and is uptrending. It has outperformed by 82.24% the S&P500.

Bandera Partners Llc holds 6.07% of its portfolio in Famous Dave's of America, Inc. for 1.14 million shares. Perkins Capital Management Inc owns 191,600 shares or 1.22% of their US portfolio. Moreover, Wexford Capital Lp has 0.69% invested in the company for 1.62 million shares. The New Jersey-based Raging Capital Management Llc has invested 0.43% in the stock. Amg National Trust Bank, a Colorado-based fund reported 20,000 shares.

Since January 1, 0001, it had 2 insider buys, and 0 insider sales for $564,045 activity.

Another recent and important Famous Dave's of America, Inc. (NASDAQ:DAVE) news was published by Globenewswire.com which published an article titled: “Famous Dave’s of America, Inc. Announces Repayment of Term Loan” on June 19, 2018.

Famous Dave's of America, Inc. (NASDAQ:DAVE) Institutional Positions Chart

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