GSA Capital Partners LLP Sells 43,045 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

GSA Capital Partners LLP decreased its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 84.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,033 shares of the restaurant operator's stock after selling 43,045 shares during the period. GSA Capital Partners LLP's holdings in Chipotle Mexican Grill were worth $463,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Chipotle Mexican Grill in the 2nd quarter valued at approximately $25,000. Riverview Trust Co raised its stake in shares of Chipotle Mexican Grill by 4,900.0% in the second quarter. Riverview Trust Co now owns 400 shares of the restaurant operator's stock valued at $25,000 after purchasing an additional 392 shares in the last quarter. RiverPark Advisors LLC lifted its position in Chipotle Mexican Grill by 4,900.0% in the second quarter. RiverPark Advisors LLC now owns 400 shares of the restaurant operator's stock worth $25,000 after purchasing an additional 392 shares during the period. Archer Investment Corp bought a new position in Chipotle Mexican Grill in the second quarter worth $25,000. Finally, Oliver Lagore Vanvalin Investment Group increased its holdings in Chipotle Mexican Grill by 4,900.0% in the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 400 shares of the restaurant operator's stock valued at $25,000 after buying an additional 392 shares during the period. Institutional investors own 91.31% of the company's stock.

Analyst Upgrades and Downgrades

CMG has been the subject of a number of analyst reports. Wedbush reaffirmed an "outperform" rating and set a $69.00 price objective on shares of Chipotle Mexican Grill in a report on Wednesday, October 30th. Stephens reaffirmed an "equal weight" rating and set a $65.00 price objective on shares of Chipotle Mexican Grill in a report on Tuesday, November 12th. The Goldman Sachs Group dropped their target price on Chipotle Mexican Grill from $74.60 to $67.00 and set a "buy" rating for the company in a report on Thursday, July 25th. Royal Bank of Canada started coverage on Chipotle Mexican Grill in a research note on Friday, November 15th. They issued an "outperform" rating and a $70.00 price target on the stock. Finally, Piper Sandler increased their price objective on Chipotle Mexican Grill from $59.00 to $60.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 30th. Ten research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $65.27.

Insider Buying and Selling

In related news, insider Curtis E. Garner sold 15,750 shares of Chipotle Mexican Grill stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of $57.05, for a total transaction of $898,537.50. Following the transaction, the insider now owns 457,764 shares of the company's stock, valued at $26,115,436.20. This trade represents a 3.33 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Robin S. Hickenlooper sold 1,790 shares of the company's 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 completion of the sale, the director now directly owns 41,510 shares of the company's stock, valued at $2,340,333.80. The trade was a 4.13 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 33,290 shares of company stock valued at $1,866,023 over the last three months. Company insiders own 1.02% of the company's stock.

Chipotle Mexican Grill Price Performance

Shares of NYSE:CMG opened at $58.88 on Thursday. The company has a 50 day moving average of $58.26 and a 200-day moving average of $81.10. Chipotle Mexican Grill, Inc. has a one year low of $43.66 and a one year high of $69.26. The stock has a market cap of $80.23 billion, a price-to-earnings ratio of 55.03, a P/E/G ratio of 2.36 and a beta of 1.26.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last released its earnings results on Tuesday, October 29th. The restaurant operator reported $0.27 EPS for the quarter, topping analysts' consensus estimates of $0.25 by $0.02. The firm had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.82 billion. Chipotle Mexican Grill had a net margin of 13.51% and a return on equity of 43.20%. The business's quarterly revenue was up 13.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.23 EPS. Equities research analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.11 earnings per share for the current year.

Chipotle Mexican Grill Profile

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.