El Pollo Loco (NASDAQ:LOCO) Major Shareholder Sells 75,000 Shares of Stock
MarketBeat
El Pollo Loco Holdings, Inc. (NASDAQ:LOCO - Get Free Report) major shareholder Sardar Biglari sold 75,000 shares of the stock in a transaction on Monday, July 13th. The stock was sold at an average price of $16.74, for a total value of $1,255,500.00. Following the completion of the sale, the insider directly owned 3,560,454 shares in the company, valued at approximately $59,601,999.96. This represents a 2.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Major shareholders that own at least 10% of a company's shares are required to disclose their transactions with the SEC.
NASDAQ:LOCO
