Insider Selling: El Pollo Loco (NASDAQ:LOCO) Major Shareholder Sells $161,163.00 in Stock
MarketBeat
El Pollo Loco Holdings, Inc. (NASDAQ:LOCO - Get Free Report) major shareholder Sardar Biglari sold 9,525 shares of the business's stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $16.92, for a total value of $161,163.00. Following the completion of the transaction, the insider owned 3,635,454 shares in the company, valued at $61,511,881.68. The trade was a 0.26% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Large shareholders that own more than 10% of a company's stock are required to disclose their sales and purchases with the SEC.
NASDAQ:LOCO