On November 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 at a price of $58.46 per share. This transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 442,014 shares of the company.
Chipotle Mexican Grill Inc operates in the restaurant industry, focusing on building a better food future and serving responsibly sourced, classically-cooked, real food with wholesome ingredients without artificial colors, flavors, or preservatives. The company has a market cap of approximately $80.13 billion.
Over the past year, Curtis Garner has sold a total of 125,921 shares of Chipotle Mexican Grill Inc and has not made any purchases of the stock. The insider transaction history for the company shows a pattern of more sales than purchases among insiders, with 24 insider sells and only 1 insider buy over the same timeframe.
Shares of Chipotle Mexican Grill Inc were trading at $58.46 on the day of the sale. The price-earnings ratio of the company stands at 54.76, which is above the industry median of 22.68. The stock's GF Value is calculated at $48.83, indicating that the stock is modestly overvalued with a price-to-GF-Value ratio of 1.2.
The GF Value is determined based on historical trading multiples such as 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 recent insider sale might provide investors with context about how insiders are positioning themselves with respect to the stock's current valuation and market performance.
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.
