2 weeks Ago By ABMN Staff
Maverick Capital Ltd. raised its stake in Chipotle Mexican Grill, Inc. ( NYSE:CMG – Free Report ) by 8,880.
4% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 48,225 shares of the restaurant operator’s stock after purchasing an additional 47,688 shares during the quarter. Maverick Capital Ltd.
’s holdings in Chipotle Mexican Grill were worth $3,021,000 at the end of the most recent quarter. Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc.
purchased a new position in shares of Chipotle Mexican Grill in the second quarter worth $25,000. Riverview Trust Co grew its holdings in Chipotle Mexican Grill by 4,900.0% in the 2nd quarter.
Riverview Trust Co now owns 400 shares of the restaurant operator’s stock worth $25,000 after acquiring an additional 392 shares during the last quarter. RiverPark Advisors LLC increased its position in shares of Chipotle Mexican Grill by 4,900.0% in the second quarter.
RiverPark Advisors LLC now owns 400 shares of the restaurant operator’s stock valued at $25,000 after acquiring an additional 392 shares during the period. Archer Investment Corp bought a new position in shares of Chipotle Mexican Grill during the second quarter valued at about $25,000. Finally, Chilton Capital Management LLC purchased a new stake in shares of Chipotle Mexican Grill during the second quarter worth about $27,000.
Institutional investors own 91.31% of the company’s stock. Chipotle Mexican Grill Price Performance CMG opened at $58.
05 on Friday. The firm has a market cap of $79.50 billion, a PE ratio of 61.
94, a P/E/G ratio of 2.43 and a beta of 1.25.
The stock has a 50-day moving average price of $54.36 and a 200-day moving average price of $81.12.
Chipotle Mexican Grill, Inc. has a 1 year low of $35.37 and a 1 year high of $69.
26. Insider Buying and Selling In other Chipotle Mexican Grill news, Director Robin S. Hickenlooper sold 1,790 shares of the stock in a transaction on Thursday, September 12th.
The stock was sold at an average price of $56.38, for a total transaction of $100,920.20.
Following the sale, the director now directly owns 41,510 shares in the company, valued at approximately $2,340,333.80. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website .
In other news, insider Curtis E. Garner sold 15,750 shares of Chipotle Mexican Grill stock in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of $55.
02, for a total value of $866,565.00. Following the completion of the sale, the insider now directly owns 473,514 shares in the company, valued at $26,052,740.
28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink . Also, Director Robin S.
Hickenlooper sold 1,790 shares of the stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $56.38, for a total transaction of $100,920.
20. Following the transaction, the director now owns 41,510 shares in the company, valued at approximately $2,340,333.80.
The disclosure for this sale can be found here . Insiders sold a total of 34,934 shares of company stock worth $1,918,589 in the last three months. Insiders own 1.
02% of the company’s stock. Analyst Ratings Changes A number of brokerages recently issued reports on CMG. TD Cowen restated a “buy” rating and set a $65.
00 price target on shares of Chipotle Mexican Grill in a report on Thursday, September 12th. Loop Capital reduced their target price on Chipotle Mexican Grill from $58.00 to $53.
00 and set a “hold” rating on the stock in a research note on Thursday, July 25th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $70.00 price target on shares of Chipotle Mexican Grill in a research note on Wednesday, August 14th.
Piper Sandler cut their price target on shares of Chipotle Mexican Grill from $61.00 to $56.00 and set a “neutral” rating on the stock in a report on Thursday, July 25th.
Finally, KeyCorp decreased their price objective on shares of Chipotle Mexican Grill from $68.00 to $66.00 and set an “overweight” rating for the company in a report on Thursday, July 25th.
Ten research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company’s stock. According to MarketBeat, Chipotle Mexican Grill currently has a consensus rating of “Moderate Buy” and a consensus target price of $62.36.
Check Out Our Latest Analysis on CMG Chipotle Mexican Grill Company Profile ( Free Report ) Chipotle Mexican Grill, Inc, together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. It sells food and beverages through offering burritos, burrito bowls, quesadillas, tacos, and salads. The company also provides delivery and related services its app and website.
It has operations in the United States, Canada, France, Germany, and the United Kingdom. See Also Receive News & Ratings for Chipotle Mexican Grill Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chipotle Mexican Grill and related companies with MarketBeat.com's FREE daily email newsletter .
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