Insider Sale: Director Robin Hickenlooper Sells Shares of Chipotle Mexican Grill Inc (CMG)

Article's Main Image

On September 12, 2024, Robin Hickenlooper, Director at Chipotle Mexican Grill Inc (CMG, Financial), executed a sale of 1,790 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 41,510 shares of Chipotle Mexican Grill Inc.

Chipotle Mexican Grill Inc operates as a chain of restaurants in the United States and internationally, specializing in burritos, tacos, and similar Mexican-inspired foods. The company emphasizes fresh ingredients and unique, customizable menu options.

Over the past year, the insider has sold a total of 1,844 shares and has not made any purchases. This recent transaction is part of a broader trend observed at Chipotle Mexican Grill Inc, where there have been 25 insider sells and only 1 insider buy over the past year.

On the day of the sale, shares of Chipotle Mexican Grill Inc were priced at $56.38. This valuation brings the company's market cap to approximately $76.85 billion. The price-earnings ratio stands at 55.02, which is above the industry median of 22.185.

According to the GF Value, an intrinsic value estimate used by GuruFocus, Chipotle Mexican Grill Inc is considered modestly overvalued with a price-to-GF-Value ratio of 1.18. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.

This insider sale might interest investors as they evaluate the company's current stock valuation and insider trading trends.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.