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Gen restaurant group co-CEO Kim David Wook Jin buys $31,478 in stock

Published 19/12/2024, 23:38
Gen restaurant group co-CEO Kim David Wook Jin buys $31,478 in stock
GENK
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Kim David Wook Jin, Co-Chief Executive Officer of GEN Restaurant Group (LON:RTN), Inc. (NASDAQ:GENK), recently acquired 4,277 shares of the company’s Class A Common Stock. The transaction, which took place on December 19, was executed at a price of $7.36 per share, amounting to a total purchase value of $31,478. Following this acquisition, Kim holds a total of 151,870 shares through Put Call Forever LP. According to InvestingPro data, this insider purchase comes as the stock trades below its Fair Value, with shares down 25.6% over the past six months.

GEN Restaurant Group, headquartered in Cerritos, California, continues to see active involvement from its executive leadership in its stock, reflecting ongoing confidence in the company’s performance and future prospects. The $236.49 million market cap company trades at 45.6x earnings, with InvestingPro analysis revealing 8 additional key insights about the company’s valuation and financial health.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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