Good Times Restaurants Inc (GTIM): Delta Partners Continues to Buy Shares

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According to a newly-amended 13G filing with the Securities and Exchange Commission, Charles Jobson‘s Delta Partners continues to increase its stake in Good Times Restaurants Inc (NASDAQ:GTIM), this time to 888,544 common shares, which amass 7.2% of the company’s outstanding stock. Previously, the fund held 797,015 shares, which represented 6.5% of the company’s stock, as per its previous 13G filing on the company.

Good Times Restaurants is a fast-food company that franchises and runs the Good Time Burgers & Frozen Custard and Bad Daddy’s Burger Bar restaurants. Since the beginning of the year, the company’s stock has lost 27.29%. For the third quarter of its fiscal year 2016, the company reported earnings per share of $0.04 and revenue of $18.07 million, compared to EPS of $0.01 and revenue of $12.94 million for the same quarter of the previous fiscal year.

burger, chicken, sandwich, fish, french, closeup, meal, lettuce, bun, dinner, tasty, hamburger, cheese, background, bread, food, sauce, juicy, fries, american, white, red,

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Investors in our database long Good Times Restaurants (NASDAQ:GTIM) at the end of June, included Mark Broach’s Manatuck Hill Partners, which held a position worth $3.71 million, and Richard Driehaus’ Driehaus Capital, which had a $1.47 million position. A new investor in the company during the quarter was Warren Lammert’s Granite Point Capital, which had a $1.11 million investment in it by June 30.

Two investors who dumped Good Times Restaurants (NASDAQ:GTIM) during the second quarter were Mark Coe’s Coe Capital Management, which said goodbye to $279,000 in stock, and Jim Simons’ Renaissance Technologies’, which sold off its position valued at $117,000 on March 31.

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You can access the original SEC filing by clicking here.

Ownership Summary Table

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Delta Partners 888,544 888,544 7.2%
Charles Jobson 888,544 888,544 7.2%
Delta Partners GP 888,544 888,544 7.2%
Prism Partners 626,414 626,414 5.1%
Delta Advisors 626,414 626,414 5.1%

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Page 1 of 10 – SEC Filing

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

SCHEDULE 13G

(Amendment No. 1)

good times restaurants inc.
——————————————————————————–
(Name of issuer)

COMMON STOCK, par value $0.001 per share
——————————————————————————–
(Title of class of securities)

382140879
——————————————————————————–
(CUSIP number)

August 16, 2016
——————————————————————————–
(Date of event which requires filing of this statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

|X| Rule 13d-1(b)
|X| Rule 13d-1(c)
|_| Rule 13d-1(d)

(Continued on the following pages)

——————————–
(1)The remainder of this cover page shall be filled out for a reporting
person’s initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be
deemed to be “filed” for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).

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* SEE INSTRUCTIONS BEFORE FILLING OUT!






















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