El Pollo Loco (NASDAQ:LOCO) Major Shareholder Sardar Biglari Sells 25,556 Shares of Stock
MarketBeat
El Pollo Loco Holdings, Inc. (NASDAQ:LOCO - Get Free Report) major shareholder Sardar Biglari sold 25,556 shares of the firm's stock in a transaction that occurred on Friday, October 16th. The shares were sold at an average price of $16.50, for a total transaction of $421,674.00. Following the completion of the sale, the insider owned 3,513,405 shares in the company, valued at $57,971,182.50. This represents a 0.72% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own at least 10% of a company's shares are required to disclose their sales and purchases with the SEC.
NASDAQ:LOCO
