Stock SEC Filing: Good Times Restaurants Inc: Rest Redux Llc Opened Big New Position

Stock SEC Filing: Good Times Restaurants Inc: Rest Redux Llc Opened Big New Position

The New Rest Redux Llc Holding in Good Times Restaurants Inc

Rest Redux Llc filed with the SEC SC 13D/A form for Good Times Restaurants Inc. The form can be accessed here: 000158069516000865. As reported in Rest Redux Llc’s form, the filler as of late owns 4.4% or 542,331 shares of the Consumer Discretionary–company.

Good Times Restaurants Inc stake is a new one for the and it was filed because of activity on October 14, 2016. We feel this shows Rest Redux Llc’s positive view for the stock.

Good Times Restaurants Inc Institutional Sentiment

Latest Security and Exchange filings show 36 investors own Good Times Restaurants Inc. The institutional ownership in Q3 2015 is low, at 80.18% of the outstanding shares. This is increased by 4102412 the total institutional shares. 9846451 were the shares owned by these institutional investors. In total 5 funds opened new Good Times Restaurants Inc stakes, 13 increased stakes. There were 8 that closed positions and 12 reduced them.

Charles Davidson Wexford Capital Lp is an institutional investor bullish on Good Times Restaurants Inc, owning 76077 shares as of Q3 2015 for 0.09% of its portfolio. Cooper Creek Partners Management Llc owns 255789 shares or 1.61% of its portfolio. MA Granite Point Capital Management Lp have 1.60% of their stock portfolio for 374090 shares. Further, Manatuck Hill Partners Llc reported stake worth 2.77% of its US stock portfolio. The PA Millrace Asset Group Inc owns 438611 shares. Good Times Restaurants Inc is 2.95% of the manager’s US portfolio.

Business Profile

Good Times Restaurants Inc. operates and franchises Good Times Burgers & Frozen Custard restaurants and Bad Daddy’s Burger Bar concept. The Company operates through two business segments: Good Times Burgers and Frozen Custard restaurants (Good Times) and Bad Daddy’s Burger Bar restaurants (Bad Daddy’s). The menu of Good Times includes hamburgers, cheeseburgers, chicken sandwiches, French fries, onion rings, fresh lemonades, soft drinks and frozen custard products plus a breakfast menu consisting of breakfast burritos, orange juice and coffee. Its chicken products include the Hand Breaded Tenders, Buffalo Chicken Tender, Guacamole Bacon Chicken Tender and a Tuscan Chicken. The menu of Bad Daddy’s consists of handcrafted burgers made from a chuck blend with toppings, such as buttermilk country-fried bacon, house made American cheese, scratch made pesto and its specialty Bad Daddy’s sauce. Its customizable menu options include artisanal cheeses, tuna, buffalo and chicken sandwiches.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

Insitutional Activity: The institutional sentiment increased to 1.5 in Q2 2016. Its up 0.91, from 0.59 in 2016Q1. The ratio is positive, as 14 funds sold all Good Times Restaurants Inc. shares owned while 3 reduced positions. 4 funds bought stakes while 6 increased positions. They now own 3.94 million shares or 20.26% less from 4.94 million shares in 2016Q1.

Comml Bank Of America Corporation De holds 0% of its portfolio in Good Times Restaurants Inc. (NASDAQ:GTIM) for 52 shares. Wellington Mgmt Gru Ltd Liability Partnership holds 0% of its portfolio in Good Times Restaurants Inc. (NASDAQ:GTIM) for 844,600 shares. Vanguard Grp Inc accumulated 237,088 shares or 0% of the stock. Blackrock Investment Mngmt Limited Liability Corporation accumulated 0% or 1,900 shares. Granite Point Cap L P has 317,800 shares for 0.48% of their US portfolio. Blackrock Fund accumulated 0% or 33,325 shares. Driehaus Cap Ltd Llc accumulated 0.05% or 419,690 shares. Wall Street has 33,400 shares for 0.05% of their US portfolio. Morgan Stanley holds 0% or 4,000 shares in its portfolio. Bancshares Of New York Mellon Corp has invested 0% of its portfolio in Good Times Restaurants Inc. (NASDAQ:GTIM). Cooper Creek Prns Limited Liability Corporation has invested 0.96% of its portfolio in Good Times Restaurants Inc. (NASDAQ:GTIM). Blackrock Institutional Tru Co Na reported 25,936 shares or 0% of all its holdings. The New York-based Tower Research Ltd Liability (Trc) has invested 0% in Good Times Restaurants Inc. (NASDAQ:GTIM). Barclays Public Ltd holds 2,800 shares or 0% of its portfolio. Df Dent & Communications reported 28,639 shares or 0% of all its holdings.

Insider Transactions: Since May 19, 2016, the stock had 7 buys, and 1 sale for $355,231 net activity. Another trade for 1,500 shares valued at $4,366 was bought by DELTA PARTNERS LP. On Thursday, May 19 STETSON ROBERT J bought $78,342 worth of the stock or 26,900 shares. On Monday, June 13 Heller Gary J sold $34,800 worth of the stock or 10,000 shares. On Monday, May 23 the insider JAMES K ZIELKE bought $30,000.

Analysts await Good Times Restaurants Inc. (NASDAQ:GTIM) to report earnings on December, 13. After $0.04 actual earnings per share reported by Good Times Restaurants Inc. for the previous quarter, Wall Street now forecasts -175.00% negative EPS growth.

The stock increased 1.59% or $0.05 on November 17, hitting $3.2. Good Times Restaurants Inc. (NASDAQ:GTIM) has declined 20.25% since April 18, 2016 and is downtrending. It has underperformed by 24.68% the S&P500.

Good Times Restaurants Inc. operates and franchises Good Times Burgers & Frozen Custard restaurants and Bad Daddy’s Burger Bar concept. The company has a market cap of $40.59 million. The Firm operates through two business divisions: Good Times Burgers and Frozen Custard restaurants and Bad Daddy’s Burger Bar restaurants (Bad Daddy’s). It currently has negative earnings. The menu of Good Times includes hamburgers, cheeseburgers, chicken sandwiches, French fries, onion rings, fresh lemonades, soft drinks and frozen custard products plus a breakfast menu consisting of breakfast burritos, orange juice and coffee.

More news for Good Times Restaurants Inc. (NASDAQ:GTIM) were recently published by: Businesswire.com, which released: “Good Times Burgers & Frozen Custard Gets Tails Wagging with Free Summer Treats” on June 14, 2016. Businesswire.com‘s article titled: “Good Times Restaurants Inc. Reports $9M Debt Facility Commitment” and published on May 06, 2016 is yet another important article.

According to Zacks Investment Research, “Good Times Restaurants Inc. is a holding company. Through its wholly-owned subsidiary, they are engaged in the business of developing, owning, operating and franchising restaurants under the name Good Times Drive Thru Burgers. Good Times DriveThru Burgers restaurants are owned, operated and franchised by their subsidiary, Good Times Drive Thru Inc. Good Times Drive Thru Burgers restaurants feature a limited menu for drive-through and walk-up customers.”

GTIM Company Profile

Good Times Restaurants Inc., incorporated on October 6, 1987, operates and franchises Good Times Burgers & Frozen Custard restaurants and Bad Daddy’s Burger Bar concept. The Firm operates through two business divisions: Good Times Burgers and Frozen Custard restaurants (Good Times) and Bad Daddy’s Burger Bar restaurants (Bad Daddy’s). The Company’s subsidiaries include Good Times Drive Thru, Inc. (Drive Thru), BD of Colorado, LLC (BD of Colo), Bad Daddy’s Franchise Development, LLC (BDFD) and Bad Daddy’s International, LLC (BDI). The Company’s Drive Thru operates approximately 20 company-owned and over five joint venture drive-in fast food hamburger restaurants under the name, Good Times Burgers & Frozen Custard. The Company’s restaurants are located in Colorado. In addition, Drive Thru has approximately 10 franchises, operating in Colorado and Wyoming. The Company’s BD of Colo operates over three company-owned casual dining restaurants under the name Bad Daddy’s Burger Bar, all of which are located in Colorado.

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