ADW Capital Management LLC, 10% Owner at RCI Hospitality Hldgs (NASDAQ:RICK), reported a large insider sell on September 28, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that LLC sold 8,000 shares of RCI Hospitality Hldgs. The total transaction amounted to $480,880.
RCI Hospitality Hldgs shares are trading down 0.0% at $60.37 at the time of this writing on Friday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an ...