Chipotle Mexican Grill, Inc. (NYSE:CMG) CEO Brian R. Niccol sold 4,392 shares of the company’s stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $849.90, for a total transaction of $3,732,760.80. Following the transaction, the chief executive officer now directly owns 32,659 shares of the company’s stock, valued at $27,756,884.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

NYSE CMG traded up $11.23 on Wednesday, reaching $799.21. 617,027 shares of the company’s stock traded hands, compared to its average volume of 588,894. Chipotle Mexican Grill, Inc. has a fifty-two week low of $383.20 and a fifty-two week high of $857.90. The company has a debt-to-equity ratio of 1.65, a quick ratio of 1.48 and a current ratio of 1.52. The firm has a market cap of $23.28 billion, a price-to-earnings ratio of 88.21, a P/E/G ratio of 3.35 and a beta of 0.71. The stock has a 50 day moving average price of $812.34 and a 200-day moving average price of $724.40.

Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings data on Tuesday, July 23rd. The restaurant operator reported $3.99 earnings per share for the quarter, beating the Zacks’ consensus estimate of $3.68 by $0.31. The business had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.41 billion. Chipotle Mexican Grill had a return on equity of 21.50% and a net margin of 4.80%. The company’s revenue was up 13.2% on a year-over-year basis. During the same quarter last year, the business posted $2.87 EPS. As a group, equities research analysts anticipate that Chipotle Mexican Grill, Inc. will post 13.36 EPS for the current fiscal year.

Several analysts recently issued reports on CMG shares. Wells Fargo & Co raised their target price on Chipotle Mexican Grill from $696.00 to $714.00 and gave the stock a “market perform” rating in a research note on Wednesday, July 24th. KeyCorp upped their price target on Chipotle Mexican Grill from $780.00 to $860.00 and gave the company an “overweight” rating in a research report on Wednesday, July 24th. Evercore ISI assumed coverage on Chipotle Mexican Grill in a report on Tuesday, June 11th. They issued an “outperform” rating and a $825.00 price objective for the company. Mizuho lifted their price objective on Chipotle Mexican Grill from $420.00 to $500.00 and gave the stock an “underperform” rating in a research report on Wednesday, July 24th. Finally, BMO Capital Markets lifted their price objective on Chipotle Mexican Grill from $620.00 to $640.00 and gave the stock an “underperform” rating in a research report on Wednesday, July 24th. Seven analysts have rated the stock with a sell rating, twelve have assigned a hold rating and sixteen have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $709.58.

A number of institutional investors have recently bought and sold shares of CMG. Cerebellum GP LLC acquired a new stake in shares of Chipotle Mexican Grill in the 2nd quarter worth $347,000. MML Investors Services LLC raised its position in shares of Chipotle Mexican Grill by 29.5% during the first quarter. MML Investors Services LLC now owns 1,092 shares of the restaurant operator’s stock valued at $776,000 after buying an additional 249 shares during the last quarter. FMR LLC raised its holdings in Chipotle Mexican Grill by 88.7% in the 1st quarter. FMR LLC now owns 1,143,585 shares of the restaurant operator’s stock valued at $812,301,000 after acquiring an additional 537,677 shares in the last quarter. Gulf International Bank UK Ltd grew its holdings in shares of Chipotle Mexican Grill by 6.0% during the 2nd quarter. Gulf International Bank UK Ltd now owns 6,460 shares of the restaurant operator’s stock worth $4,734,000 after purchasing an additional 367 shares in the last quarter. Finally, Capital Wealth Management LLC acquired a new stake in shares of Chipotle Mexican Grill during the 1st quarter valued at about $234,000. 92.04% of the stock is currently owned by hedge funds and other institutional investors.

About Chipotle Mexican Grill

Chipotle Mexican Grill, Inc, together with its subsidiaries, operates Chipotle Mexican Grill restaurants. As of December 31, 2018, it operated 2,491 restaurants, including 2,452 Chipotle restaurants in the United States, 37 Chipotle restaurants internationally, and two non-Chipotle restaurants. The company was founded in 1993 and is headquartered in Newport Beach, California.

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Insider Buying and Selling by Quarter for Chipotle Mexican Grill (NYSE:CMG)

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