Rep. Robert Bresnahan, Jr. Sells Off Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Chipotle Mexican Grill, Inc. NYSE: CMG. In a filing disclosed on February 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Chipotle Mexican Grill stock on January 13th. The trade occurred in the Representative's "JOINT OWNERSHIP LPL ACCOUNT" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Lowe's Companies NYSE: LOW on 2/7/2025.
• Purchased $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 2/3/2025.
• Purchased $1,001 - $15,000 in shares of Take-Two Interactive Software NASDAQ: TTWO on 2/3/2025.
• Purchased $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 2/3/2025.
• Purchased $1,001 - $15,000 in shares of Alibaba Group NYSE: BABA on 1/30/2025.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 1/30/2025.
• Sold $1,001 - $15,000 in shares of Robinhood Markets NASDAQ: HOOD on 1/29/2025.
• Sold $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 1/29/2025.
• Sold $1,001 - $15,000 in shares of Manhattan Associates NASDAQ: MANH on 1/29/2025.
• Sold $1,001 - $15,000 in shares of Credo Technology Group NASDAQ: CRDO on 1/29/2025.

Chipotle Mexican Grill Stock Performance

Shares of CMG stock traded down $0.70 during mid-day trading on Wednesday, hitting $53.80. The company's stock had a trading volume of 15,583,469 shares, compared to its average volume of 10,763,977. Chipotle Mexican Grill, Inc. has a 52-week low of $47.98 and a 52-week high of $69.26. The business has a 50-day moving average price of $59.14 and a 200 day moving average price of $58.18. The stock has a market cap of $73.30 billion, a price-to-earnings ratio of 48.46, a PEG ratio of 2.20 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The restaurant operator reported $0.25 EPS for the quarter, topping the consensus estimate of $0.24 by $0.01. Chipotle Mexican Grill had a return on equity of 42.92% and a net margin of 13.56%. Equities research analysts predict that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Ethos Financial Group LLC purchased a new position in shares of Chipotle Mexican Grill in the 4th quarter valued at approximately $31,000. Transcendent Capital Group LLC increased its stake in Chipotle Mexican Grill by 950.0% during the 3rd quarter. Transcendent Capital Group LLC now owns 525 shares of the restaurant operator's stock valued at $30,000 after purchasing an additional 475 shares in the last quarter. Mowery & Schoenfeld Wealth Management LLC purchased a new position in shares of Chipotle Mexican Grill in the third quarter worth $32,000. Capital Performance Advisors LLP acquired a new stake in shares of Chipotle Mexican Grill during the third quarter worth $33,000. Finally, Global Trust Asset Management LLC acquired a new position in shares of Chipotle Mexican Grill in the third quarter valued at about $35,000. 91.31% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Chipotle Mexican Grill news, insider Laurie Schalow sold 4,404 shares of the stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $65.01, for a total transaction of $286,304.04. Following the completion of the transaction, the insider now owns 185,792 shares of the company's stock, valued at $12,078,337.92. This represents a 2.32 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.02% of the company's stock.

Analyst Ratings Changes

CMG has been the subject of several analyst reports. TD Cowen upped their price objective on Chipotle Mexican Grill from $65.00 to $68.00 and gave the stock a "buy" rating in a research note on Wednesday, October 30th. Royal Bank of Canada reissued an "outperform" rating and issued a $75.00 price target on shares of Chipotle Mexican Grill in a report on Tuesday, January 28th. Sanford C. Bernstein reiterated an "outperform" rating and issued a $70.00 price target on shares of Chipotle Mexican Grill in a report on Tuesday, January 28th. Loop Capital boosted their target price on Chipotle Mexican Grill from $53.00 to $58.00 and gave the stock a "hold" rating in a research report on Wednesday, October 30th. Finally, Oppenheimer upped their price target on shares of Chipotle Mexican Grill from $65.00 to $69.00 and gave the company an "outperform" rating in a research note on Tuesday, January 7th. Ten equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $66.31.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

About Chipotle Mexican Grill

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.