Major Fat Brands Insider Quietly Dumps a Massive Stake

Tip Ranks
2026.02.04 02:06
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On February 3, 2026, HOT GFG LLC sold 1,794,766 shares of Fat Brands (FAT), raising $484,586. This follows Fat Brands' Chapter 11 filing on January 26, aimed at restructuring while maintaining over 2,200 franchised locations. Analysts remain cautious, citing high leverage and negative cash flow as risks to equity recovery, with a Hold rating and a $0.37 target. The stock is currently marked with a 'Q' suffix due to bankruptcy risks, and trading sentiment is bearish, reflecting ongoing financial challenges.