Rep. Pete Sessions Sells Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Key Points

• Rep. Pete Sessions sold $15,001–$50,000 of Chipotle Mexican Grill stock on October 2 from his “TRUST ONE” account, alongside several other recent sales including Amazon, McDonald’s, Lowe’s, Home Depot and Berkshire Hathaway.
• Chipotle reported third-quarter revenue of $3.29 billion, up 9.6% year over year and in line with estimates, but adjusted EPS of $0.27 missed the $0.29 consensus. Rising beef costs and higher protein usage are pressuring margins.
• CMG shares opened at $28.70, near their 52-week low of $27.31, while analysts maintained a generally positive view: 27 rated the stock Buy and nine rated it Hold, producing a consensus target price of $43.56.

Representative Pete Sessions (Republican-Texas) recently sold shares of Chipotle Mexican Grill, Inc. NYSE: CMG. In a filing disclosed on October 27th, the Representative disclosed that they had sold between $15,001 and $50,000 in Chipotle Mexican Grill stock on October 2nd. The trade occurred in the Representative's "TRUST ONE" account.

Representative Pete Sessions also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Walt Disney NYSE: DIS on 10/28/2026.
• Sold $15,001 - $50,000 in shares of Amazon.com NASDAQ: AMZN on 10/27/2026.
• Sold $1,001 - $15,000 in shares of McDonald's NYSE: MCD on 10/27/2026.
• Sold $15,001 - $50,000 in shares of Lowe's Companies NYSE: LOW on 10/22/2026.
• Sold $1,001 - $15,000 in shares of Home Depot NYSE: HD on 10/22/2026.
• Sold $1,001 - $15,000 in shares of Solstice Advanced Mat NASDAQ: SOLS on 10/21/2026.
• Sold $1,001 - $15,000 in shares of PepsiCo NASDAQ: PEP on 10/21/2026.
• Sold $0 - $1,000 in shares of Resideo Technologies NYSE: REZI on 10/21/2026.
• Sold $1,001 - $15,000 in shares of International Business Machines NYSE: IBM on 10/20/2026.
• Sold $15,001 - $50,000 in shares of Berkshire Hathaway NYSE: BRK.B on 10/15/2026.

Chipotle Mexican Grill Stock Performance

Shares of CMG opened at $28.70 on Thursday. The company has a market capitalization of $36.32 billion, a PE ratio of 26.33, a PEG ratio of 1.67 and a beta of 0.96. The company's 50 day moving average price is $33.20 and its 200 day moving average price is $34.21. Chipotle Mexican Grill, Inc. has a 52 week low of $27.31 and a 52 week high of $41.42.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last issued its earnings results on Wednesday, October 28th. The restaurant operator reported $0.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.29 by ($0.02). Chipotle Mexican Grill had a net margin of 11.43% and a return on equity of 54.65%. The company had revenue of $3.29 billion for the quarter, compared to analyst estimates of $3.29 billion. During the same period last year, the business earned $0.29 EPS. The company's quarterly revenue was up 9.6% on a year-over-year basis. On average, equities analysts forecast that Chipotle Mexican Grill, Inc. will post 1.14 earnings per share for the current fiscal year.

Insider Transactions at Chipotle Mexican Grill

In other Chipotle Mexican Grill news, insider Matthew R. Bush sold 2,675 shares of the company's stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $35.75, for a total transaction of $95,631.25. Following the completion of the sale, the insider directly owned 21,415 shares in the company, valued at $765,586.25. This represents a 11.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.45% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on CMG shares. UBS Group restated a "buy" rating on shares of Chipotle Mexican Grill in a report on Friday, October 9th. Guggenheim reiterated a "neutral" rating and issued a $36.00 target price (up from $35.00) on shares of Chipotle Mexican Grill in a research note on Friday, July 31st. Argus boosted their target price on shares of Chipotle Mexican Grill from $40.00 to $45.00 and gave the stock a "buy" rating in a research report on Tuesday, August 4th. Wells Fargo & Company cut their price target on shares of Chipotle Mexican Grill from $45.00 to $40.00 and set an "overweight" rating on the stock in a report on Wednesday, October 21st. Finally, Raymond James Financial reduced their price objective on shares of Chipotle Mexican Grill from $42.50 to $37.00 and set an "outperform" rating for the company in a research note on Friday, October 16th. Twenty-seven equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $43.56.

Key Headlines Impacting Chipotle Mexican Grill

Here are the key news stories impacting Chipotle Mexican Grill this week:

• Positive Sentiment: Third-quarter revenue rose 9.6% to $3.29 billion, in line with estimates, while comparable-restaurant sales increased 2.1%. Chipotle also delivered positive transaction growth for the third consecutive quarter, supported by value offers and limited-time menu items. Chipotle beats quarterly sales expectations on resilient demand
• Positive Sentiment: Management expects modestly higher full-year sales and is expanding its drive-through “Chipotlane” format. Menu-price increases helped results, while returning products such as Smoked Brisket and promotional family meals are intended to support traffic and average order values. Chipotle expects modestly higher sales this year
• Neutral Sentiment: Unusually heavy call-option activity indicated heightened investor interest around the earnings announcement, although options trading does not guarantee continued upside.
• Negative Sentiment: Adjusted earnings were $0.27 per share, below the $0.29 consensus estimate and unchanged from the year-ago quarter. The miss limits the bullish impact of the revenue and traffic gains. Chipotle Q3 Earnings Lag Estimates
• Negative Sentiment: Rising beef costs and higher protein usage are pressuring margins, creating a risk that additional promotions or menu-price increases could weigh on profitability and consumer demand.

Institutional Investors Weigh In On Chipotle Mexican Grill

A number of large investors have recently added to or reduced their stakes in CMG. BlackRock Inc. acquired a new stake in shares of Chipotle Mexican Grill in the second quarter worth $4,417,475,000. Arrowstreet Capital Limited Partnership raised its holdings in Chipotle Mexican Grill by 19.8% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 16,478,248 shares of the restaurant operator's stock worth $527,469,000 after acquiring an additional 2,727,762 shares during the period. Amundi raised its holdings in Chipotle Mexican Grill by 23.3% in the 1st quarter. Amundi now owns 11,980,192 shares of the restaurant operator's stock worth $383,486,000 after acquiring an additional 2,266,087 shares during the period. Bank of America Corp DE lifted its position in Chipotle Mexican Grill by 86.1% during the 1st quarter. Bank of America Corp DE now owns 11,973,752 shares of the restaurant operator's stock worth $383,280,000 after acquiring an additional 5,541,385 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Chipotle Mexican Grill by 30.6% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,845,627 shares of the restaurant operator's stock worth $368,751,000 after acquiring an additional 2,541,795 shares during the last quarter. Institutional investors own 91.30% of the company's stock.

About Representative Sessions

Pete Sessions (Republican Party) is a member of the U.S. House, representing Texas' 17th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Sessions (Republican Party) ran for re-election to the U.S. House to represent Texas' 17th Congressional District. He won in the general election on November 5, 2024. On October 20, 2023, Sessions announced he was running to replace Kevin McCarthy (R) as speaker of the U.S. House in the 118th Congress. Sessions lost the first round of nomination voting on October 24, 2023. Pete Sessions was born and lives in Waco, Texas. Sessions earned a B.S. from Southwestern University in 1978. Sessions' career experience includes working as an executive with AT&T.

About Chipotle Mexican Grill

Chipotle Mexican Grill, Inc NYSE: CMG operates a chain of fast-casual restaurants focused on Mexican-inspired food. Its menu includes burritos, burrito bowls, tacos, quesadillas and salads, with options such as chicken, steak, barbacoa, carnitas, sofritas and vegetables. The company emphasizes preparing food in its restaurants from ingredients it describes as responsibly sourced, including meats raised with attention to animal welfare and produce from selected suppliers.

Founded by Steve Ells in 1993, Chipotle opened its first restaurant in Denver, Colorado.

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