|New Threads Only:|
|New Threads & Replies:|
Forum List » Guru News and Commentaries|
Guru News, Stock picks and commentaries
CEO of Bravo Brio Restaurant Group Inc. Buys 6,400 Shares
Posted by: GuruFocus (IP Logged)
Date: August 6, 2012 11:46AM
CEO of Bravo Brio Restaurant Group Inc. (BBRG) Saed Mohseni bought 6,400 shares on 08/03/2012 at an average price of $16.08. The total transaction amount is $102,912. Bravo Brio Restaurant Group Inc. is an owner and operator of two distinct Italian restaurant brands, BRAVO! Cucina Italiana and BRIO Tuscan Grille. Bravo Brio Restaurant Group Inc. has a market cap of $314.9 million; its shares were traded at around $16.46 with a P/E ratio of 19.9 and P/S ratio of 0.9.
Previously, CEO Saed Mohseni has not made any recent trades in the company. However, the company’s CFO also increased his positions in the company on Aug. 3, 2012, purchasing 1,000 shares.
Mr. Saed Mohseni is president, CEO, director of Bravo Brio Restaurant Group Inc. He joined the company as CEO in February 2007 and assumed the additional role of president in September 2009. Mr. Mohseni has also served as a director of the company since June 2006. Prior to joining the company he was CEO and director of McCormick & Schmick’s Seafood Restaurants Inc. Mr. Mohseni attended Portland State University and Oregon State University.
BBRG reported earnings per share of $3.96 in 2011, compared to a net loss of 54 cents per share in 2010, and a net loss of $1.13 in 2009. The company has seen steady growth in revenues. BBRG holds about $10 million in cash, but owes $30 million in long-term debt and an additional $81 million in other long-term liabilities.
Two gurus hold positions in BBRG. Ron Baron owns 1,750,000 shares as of 03/31/2012, which accounts for 0.21% of the $16.69 billion portfolio of Baron Funds. PRIMECAP Management owns 60,300 shares as of 03/31/2012, which accounts for 0.0018% of the $67.24 billion portfolio of PRIMECAP Management.
Guru Discussed: PRIMECAP Management: Current Portfolio, Stock Picks
Stocks Discussed: BBRG,
Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.