RICK - Major Purchase Alert: Eric Scott Langan Invests $54K In RCI Hospitality Hldgs Stock | Benzinga
A significant insider buy by Eric Scott Langan, President and CEO at RCI Hospitality Hldgs (NASDAQ:RICK), was executed on March 18, and reported in the recent SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Monday unveiled that Langan made a notable purchase of 1,000 shares of RCI Hospitality Hldgs, valuing at $54,540.
In the Monday's morning session, RCI Hospitality Hldgs's shares are currently trading at $54.75, experiencing a up of 0.51%.
Get to Know RCI Hospitality Hldgs Better
RCI Hospitality Holdings Inc through its subsidiaries owns and operates establishments that offer live adult entertainment, restaurant, and or bar operations. It also owns and operates a communication company serving the adult nightclubs industry. The company's operating business segments are Nightclubs, Bombshells, and Others. It operates nightclubs through the following brand's Rick's Cabaret, Vivid Cabaret, Tootsie's Cabaret, Club Onyx, and Jaguars Club. In the Bombshells segment, the company is building a chain of Restaurants and Sports Bars in Dallas, Austin, and Houston, Texas. It derives majority revenue from the Nightclubs segment that engages in the sale of alcoholic beverages, food, and merchandise items; service in the form of cover charge, dance fees, and room rentals.
Financial Insights: RCI Hospitality Hldgs
Positive Revenue Trend: Examining RCI ...