On October 7, 2024, Curtis Garner, Chief Customer & Technology Officer of Chipotle Mexican Grill Inc (CMG, Financial), executed a sale of 15,750 shares of the company. According to the SEC Filing, the transaction was carried out at a stock price of $57.05 per share. Following this transaction, the insider now owns 457,764 shares of Chipotle Mexican Grill Inc.
Chipotle Mexican Grill Inc operates a chain of restaurants in the United States and internationally, offering a menu of burritos, tacos, burrito bowls, and salads. The company focuses on fresh ingredients and sustainable practices.
Over the past year, Curtis Garner has sold a total of 110,171 shares and has not made any purchases of the company's stock. This recent transaction is part of a broader trend observed within the company, where there have been 26 insider sells and only 1 insider buy over the past year.
As of the latest transaction, Chipotle Mexican Grill Inc's shares were trading at $57.05, giving the company a market cap of approximately $79.40 billion. The price-earnings ratio stands at 56.84, which is above the industry median of 23.61.
The stock's valuation, according to the GF Value, is set at $48.16, indicating that the stock is Modestly Overvalued with a price-to-GF-Value ratio of 1.18.
The GF Value is calculated considering historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale might interest investors tracking insider behaviors as an indicator of confidence levels concerning the company's current valuation and future prospects.
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.
