BJ’s Restaurants, Inc. (NASDAQ:BJRI) CEO Greg Trojan sold 27,069 shares of BJ’s Restaurants stock in a transaction dated Friday, August 31st. The stock was sold at an average price of $74.74, for a total value of $2,023,137.06. Following the transaction, the chief executive officer now directly owns 64,783 shares in the company, valued at $4,841,881.42. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Greg Trojan also recently made the following trade(s):

  • On Tuesday, September 4th, Greg Trojan sold 67,401 shares of BJ’s Restaurants stock. The stock was sold at an average price of $74.89, for a total value of $5,047,660.89.
  • On Friday, August 24th, Greg Trojan sold 16,993 shares of BJ’s Restaurants stock. The stock was sold at an average price of $74.62, for a total value of $1,268,017.66.
  • On Monday, August 27th, Greg Trojan sold 26,979 shares of BJ’s Restaurants stock. The stock was sold at an average price of $74.65, for a total value of $2,013,982.35.

BJRI traded down $0.25 during trading on Tuesday, reaching $75.45. The company had a trading volume of 355,800 shares, compared to its average volume of 393,094. The stock has a market capitalization of $1.59 billion, a P/E ratio of 53.44, a P/E/G ratio of 2.34 and a beta of 0.73. BJ’s Restaurants, Inc. has a 12-month low of $28.00 and a 12-month high of $76.15. The company has a current ratio of 0.44, a quick ratio of 0.36 and a debt-to-equity ratio of 0.37.

BJ’s Restaurants (NASDAQ:BJRI) last issued its quarterly earnings results on Thursday, July 26th. The restaurant operator reported $0.79 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.64 by $0.15. The firm had revenue of $287.63 million for the quarter, compared to analysts’ expectations of $283.22 million. BJ’s Restaurants had a return on equity of 15.76% and a net margin of 5.35%. BJ’s Restaurants’s revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the business posted $0.49 EPS. research analysts predict that BJ’s Restaurants, Inc. will post 2.12 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Monday, August 27th. Investors of record on Monday, August 13th were paid a $0.11 dividend. The ex-dividend date was Friday, August 10th. This represents a $0.44 dividend on an annualized basis and a yield of 0.58%. BJ’s Restaurants’s dividend payout ratio is currently 31.21%.

A number of hedge funds and other institutional investors have recently made changes to their positions in BJRI. Cubist Systematic Strategies LLC acquired a new stake in BJ’s Restaurants during the 1st quarter worth about $201,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in BJ’s Restaurants during the 2nd quarter worth about $230,000. Bessemer Group Inc. acquired a new stake in BJ’s Restaurants during the 2nd quarter worth about $234,000. Teacher Retirement System of Texas acquired a new stake in BJ’s Restaurants during the 2nd quarter worth about $249,000. Finally, SG Americas Securities LLC acquired a new stake in BJ’s Restaurants during the 2nd quarter worth about $250,000. Hedge funds and other institutional investors own 95.27% of the company’s stock.

A number of brokerages recently weighed in on BJRI. Barclays lifted their price target on BJ’s Restaurants from $47.00 to $49.00 and gave the stock a “$63.80” rating in a research note on Wednesday, July 18th. Zacks Investment Research raised BJ’s Restaurants from a “hold” rating to a “buy” rating and set a $70.00 price target on the stock in a research note on Wednesday, July 25th. Stifel Nicolaus lifted their price target on BJ’s Restaurants from $60.00 to $66.00 and gave the stock a “buy” rating in a research note on Thursday, July 12th. BidaskClub cut BJ’s Restaurants from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 10th. Finally, Stephens reissued a “buy” rating and issued a $70.00 price target on shares of BJ’s Restaurants in a research note on Friday, July 20th. Five equities research analysts have rated the stock with a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the stock. BJ’s Restaurants has an average rating of “Buy” and a consensus target price of $59.58.

About BJ’s Restaurants

BJ's Restaurants, Inc owns and operates casual dining restaurants in the United States. Its restaurants offer pizzas, craft and other beers, appetizers, entrées, pastas, sandwiches, specialty salads, and desserts. As of June 12, 2018, the company owned and operated 200 casual dining restaurants located in the 27 states of Alabama, Arizona, Arkansas, California, Colorado, Florida, Indiana, Kansas, Kentucky, Louisiana, Maryland, Michigan, Nevada, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Rhode Island, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, and Washington.

See Also: Stop Order Uses For Individual Investors

Insider Buying and Selling by Quarter for BJ`s Restaurants (NASDAQ:BJRI)

Receive News & Ratings for BJ's Restaurants Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BJ's Restaurants and related companies with MarketBeat.com's FREE daily email newsletter.