Robin S. Hickenlooper sells 109 shares of Chipotle Mexican Grill, Inc. (NYSE: CMG)
Chipotle Mexican Grill, Inc. (NYSE: CMG) director Robin S. Hickenlooper sold 109 shares of the company’s stock in a trade that took place on Wednesday, May 19. The stock was sold at an average price of $ 1,300.00, for a total trade of $ 141,700.00. As a result of the transaction, the director now owns 944 shares of the company, valued at approximately $ 1,227,200. The transaction was disclosed in a legal deposit with the SEC, accessible via this link.
CMG shares traded as high as $ 34.59 during trading hours on Thursday, reaching $ 1,341.78. The company’s shares had a trading volume of 364,415 shares, compared to its average volume of 284,922. The company has a 50-day moving average of $ 1,458.87 and a 200-day moving average of 1,410 , $ 12. The stock has a market cap of $ 37.77 billion, a PE ratio of 156.36, a price / earnings-growth ratio of 3.21, and a beta of 1.31. Chipotle Mexican Grill, Inc. has a 12 month low of $ 964.50 and a 12 month high of $ 1,579.52.
Chipotle Mexican Grill (NYSE: CMG) last reported quarterly results on Tuesday, April 20. The restaurateur reported earnings per share (EPS) of $ 5.36 for the quarter, beating the Zacks’ consensus estimate of $ 4.92 by $ 0.44. Chipotle Mexican Grill had a net margin of 4.08% and a return on equity of 16.70%. The company posted revenue of $ 1.74 billion for the quarter, compared to the consensus estimate of $ 1.74 billion. During the same period of the previous year, the company posted earnings per share of $ 3.08. The company’s quarterly revenue increased 23.4% compared to the same quarter last year. Research analysts expect Chipotle Mexican Grill, Inc. to post EPS of 10.96 for the current year.
Several research analysts recently commented on CMG shares. Morgan Stanley raised its price target on the Chipotle Mexican Grill stock from $ 1,476.00 to $ 1,602.00 and gave the stock an “equal weight” rating in a research note on Wednesday April 28. . Telsey Advisory Group increased its price target on the Chipotle Mexican Grill stock from $ 1,350.00 to $ 1,600.00 and gave the stock a “market performance” rating in a research note on Wednesday. February 3. Evercore ISI increased its price target for the Chipotle Mexican Grill stock from $ 1,650.00 to $ 1,725.00 and rated the stock as “outperforming” in a research note on Wednesday April 28. Truist Securiti raised its price target on Chipotle Mexican Grill shares from $ 1,700.00 to $ 1,750.00 in a research note on Tuesday April 6. Finally, BMO Capital Markets raised its price target for the Chipotle Mexican Grill shares from $ 1,415.00 to $ 1,460.00 and assigned the share a “market performance” rating in a rating. search Thursday April 22. Nine analysts rated the stock with a sustaining rating and 21 gave the stock a buy rating. The company has an average “Buy” rating and a consensus price target of $ 1,662.55.
Hedge funds and other institutional investors recently changed their positions on the stock. Black Swift Group LLC purchased a new stake in Chipotle Mexican Grill during the fourth quarter valued at $ 28,000. Alpha DNA Investment Management LLC purchased a new stake in Chipotle Mexican Grill during the fourth quarter valued at $ 27,000. GPS Wealth Strategies Group LLC acquired a new position in Chipotle Mexican Grill during the first quarter valued at $ 31,000. Avion Wealth acquired a new position in Chipotle Mexican Grill during the fourth quarter valued at $ 35,000. Finally, Childress Capital Advisors LLC acquired a new position in Chipotle Mexican Grill during the fourth quarter valued at $ 40,000. 90.03% of the shares are currently held by hedge funds and other institutional investors.
About Chipotle Mexican Grill
Chipotle Mexican Grill, Inc., along with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. As of December 31, 2020, it owned and operated 2,724 Chipotle restaurants in the United States, 40 international Chipotle restaurants and 4 non-Chipotle restaurants. The company was founded in 1993 and is headquartered in Newport Beach, California.
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