Form 4: GMT Capital Corp Increases Stake in Cracker Barrel Old Country Store, Inc.

Sentiment:

SEC Form 4 Filing


GMT Capital Corp and related entities report the acquisition of 53,000 shares of Cracker Barrel Old Country Store, Inc., increasing their total holdings to 2,621,800 shares.

Summary

  • On April 25, 2025, GMT Capital Corp, along with Bay Resource Partners, L.P., Bay II Resource Partners, L.P., Bay Resource Partners Offshore Master Fund, L.P., and Thomas E. Claugus, jointly filed a Form 4.
  • The filing reports the purchase of 53,000 shares of Cracker Barrel Old Country Store, Inc. (CBRL) common stock at a price of $43.03 per share.
  • Following the transaction, the Reporting Persons collectively beneficially own 2,621,800 shares of CBRL.
  • The shares are held in various amounts by Bay Resource Partners (739,400 shares), Bay II Resource Partners (480,300 shares), Bay Resource Partners Offshore Master Fund (1,255,300 shares), and Thomas E. Claugus (146,800 shares).

Sentiment

Score: 6

Explanation: The sentiment is neutral as it is a standard disclosure of stock transactions. The increased stake could be seen as a positive signal, but the document itself is simply a factual report.

Positives

  • Increased investment by GMT Capital Corp and related entities may signal confidence in Cracker Barrel's future performance.

Industry Context

This filing reflects activity in the ownership of a publicly traded company, Cracker Barrel Old Country Store, Inc., within the restaurant and retail industry.

Stakeholder Impact

  • The increased stake by GMT Capital could be viewed positively by shareholders.

Key Dates

DateDescription
04/25/2025Date of transaction: Purchase of 53,000 shares of Cracker Barrel Old Country Store, Inc.
04/29/2025Date of Form 4 filing.

Keywords

Cracker Barrel, CBRL, GMT Capital, Bay Resource Partners, Thomas E. Claugus, Stock Acquisition, Form 4, Beneficial Ownership

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