Rep. Jefferson Shreve Sells Off Chipotle Mexican Grill, Inc. (NYSE:CMG) Stock

Representative Jefferson Shreve (R-Indiana) recently sold shares of Chipotle Mexican Grill, Inc. NYSE: CMG. In a filing disclosed on April 11th, the Representative disclosed that they had sold between $15,001 and $50,000 in Chipotle Mexican Grill stock on March 13th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $15,001 - $50,000 in shares of Harley-Davidson NYSE: HOG on 3/31/2025.
• Purchased $50,001 - $100,000 in shares of Block NYSE: XYZ on 3/31/2025.
• Sold $15,001 - $50,000 in shares of DuPont de Nemours NYSE: DD on 3/31/2025.
• Purchased $15,001 - $50,000 in shares of United Community Banks NASDAQ: UCB on 3/31/2025.
• Sold $15,001 - $50,000 in shares of IDEX NYSE: IEX on 3/31/2025.
• Purchased $15,001 - $50,000 in shares of HNI NYSE: HNI on 3/31/2025.
• Sold $50,001 - $100,000 in shares of ServiceNow NYSE: NOW on 3/31/2025.
• Sold $15,001 - $50,000 in shares of Coinbase Global NASDAQ: COIN on 3/31/2025.
• Sold $15,001 - $50,000 in shares of Constellation Energy NASDAQ: CEG on 3/31/2025.
• Sold $50,001 - $100,000 in shares of Simon Property Group NYSE: SPG on 3/31/2025.

Chipotle Mexican Grill Stock Performance

Shares of Chipotle Mexican Grill stock traded down $0.62 on Wednesday, hitting $48.18. The company's stock had a trading volume of 8,603,270 shares, compared to its average volume of 13,430,078. Chipotle Mexican Grill, Inc. has a 1 year low of $44.46 and a 1 year high of $69.26. The firm has a fifty day moving average price of $51.45 and a 200-day moving average price of $56.77. The company has a market capitalization of $65.30 billion, a price-to-earnings ratio of 43.40, a price-to-earnings-growth ratio of 2.04 and a beta of 1.27.

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Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.24 by $0.01. Chipotle Mexican Grill had a net margin of 13.56% and a return on equity of 42.92%. As a group, analysts forecast that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current year.

Hedge Funds Weigh In On Chipotle Mexican Grill

Institutional investors and hedge funds have recently modified their holdings of the company. Ethos Financial Group LLC acquired a new position in shares of Chipotle Mexican Grill in the 4th quarter valued at $31,000. Sound Income Strategies LLC increased its holdings in shares of Chipotle Mexican Grill by 1,110.0% in the 4th quarter. Sound Income Strategies LLC now owns 605 shares of the restaurant operator's stock valued at $36,000 after acquiring an additional 555 shares during the period. Murphy & Mullick Capital Management Corp purchased a new position in Chipotle Mexican Grill during the 4th quarter worth $38,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in Chipotle Mexican Grill by 312.5% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 825 shares of the restaurant operator's stock valued at $41,000 after purchasing an additional 625 shares during the period. Finally, Global Financial Private Client LLC raised its holdings in shares of Chipotle Mexican Grill by 136.2% in the first quarter. Global Financial Private Client LLC now owns 867 shares of the restaurant operator's stock valued at $44,000 after buying an additional 500 shares during the last quarter. Institutional investors and hedge funds own 91.31% of the company's stock.

Analyst Ratings Changes

A number of brokerages have commented on CMG. Stephens reduced their target price on Chipotle Mexican Grill from $61.00 to $60.00 and set an "equal weight" rating for the company in a report on Wednesday, February 5th. Oppenheimer lifted their price objective on Chipotle Mexican Grill from $65.00 to $69.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 7th. JPMorgan Chase & Co. dropped their target price on Chipotle Mexican Grill from $64.00 to $58.00 and set a "neutral" rating for the company in a report on Thursday, March 20th. KeyCorp dropped their price target on shares of Chipotle Mexican Grill from $64.00 to $60.00 and set an "overweight" rating for the company in a research note on Tuesday. Finally, Loop Capital raised Chipotle Mexican Grill from a "hold" rating to a "buy" rating and upped their price target for the company from $58.00 to $65.00 in a research note on Friday, March 14th. Eight research analysts have rated the stock with a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Chipotle Mexican Grill presently has an average rating of "Moderate Buy" and a consensus price target of $65.42.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

Chipotle Mexican Grill Company 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.