Apis Capital Advisors LLC bought a new stake in shares of GEN Restaurant Group, Inc. (NASDAQ:GENK – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 10,000 shares of the company’s stock, valued at approximately $91,000.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Sanders Morris Harris LLC bought a new position in GEN Restaurant Group during the first quarter valued at $2,628,000. Vanguard Group Inc. boosted its stake in shares of GEN Restaurant Group by 487.8% during the 1st quarter. Vanguard Group Inc. now owns 164,574 shares of the company’s stock worth $1,922,000 after purchasing an additional 136,578 shares during the period. Resolute Capital Asset Partners LLC grew its holdings in GEN Restaurant Group by 645.2% during the 2nd quarter. Resolute Capital Asset Partners LLC now owns 74,520 shares of the company’s stock valued at $675,000 after purchasing an additional 64,520 shares during the last quarter. Herr Investment Group LLC purchased a new stake in GEN Restaurant Group in the 2nd quarter worth about $738,000. Finally, Wasatch Advisors LP lifted its stake in GEN Restaurant Group by 23.6% in the fourth quarter. Wasatch Advisors LP now owns 657,738 shares of the company’s stock worth $5,150,000 after purchasing an additional 125,542 shares during the last quarter. Hedge funds and other institutional investors own 10.22% of the company’s stock.
GEN Restaurant Group Trading Up 1.2 %
NASDAQ GENK opened at $8.46 on Monday. The stock has a market cap of $274.10 million, a PE ratio of 47.00 and a beta of 2.32. GEN Restaurant Group, Inc. has a 12 month low of $5.61 and a 12 month high of $14.46. The company’s 50-day moving average price is $8.53 and its 200-day moving average price is $9.46. The company has a current ratio of 1.05, a quick ratio of 1.04 and a debt-to-equity ratio of 0.10.
Wall Street Analysts Forecast Growth
Separately, Roth Mkm cut their target price on GEN Restaurant Group from $14.00 to $12.00 and set a “buy” rating on the stock in a research note on Thursday, August 1st.
Get Our Latest Stock Analysis on GENK
About GEN Restaurant Group
GEN Restaurant Group, Inc operates restaurants in California, Arizona, Hawaii, Nevada, Texas, New York, and Florida. It offers meats, poultry, and seafood. The company was founded in 2011 and is based in Cerritos, California.
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