Chipotle Mexican Grill (NYSE:CMG) Shares Unloaded Rep. Jefferson Shreve

Representative Jefferson Shreve (R-Indiana) recently sold shares of Chipotle Mexican Grill, Inc. NYSE: CMG. In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $50,001 and $100,000 in Chipotle Mexican Grill stock on May 12th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

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

• Sold $15,001 - $50,000 in shares of Hubbell NYSE: HUBB on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Trane Technologies NYSE: TT on 5/12/2025.
• Sold $15,001 - $50,000 in shares of RTX NYSE: RTX on 5/12/2025.
• Sold $50,001 - $100,000 in shares of NiSource NYSE: NI on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Johnson & Johnson NYSE: JNJ on 5/12/2025.
• Sold $15,001 - $50,000 in shares of AppLovin NASDAQ: APP on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Fiserv NYSE: FI on 5/12/2025.
• Sold $15,001 - $50,000 in shares of CNO Financial Group NYSE: CNO on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Cboe Global Markets NASDAQ: CBOE on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 5/12/2025.

Chipotle Mexican Grill Price Performance

Shares of NYSE CMG traded up $1.01 during midday trading on Friday, reaching $46.75. 33,787,342 shares of the stock were exchanged, compared to its average volume of 16,472,445. The business has a 50-day simple moving average of $52.75 and a two-hundred day simple moving average of $52.54. The company has a market capitalization of $62.98 billion, a price-to-earnings ratio of 41.74, a P/E/G ratio of 2.38 and a beta of 1.08. Chipotle Mexican Grill, Inc. has a 12 month low of $44.46 and a 12 month high of $66.74.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The restaurant operator reported $0.33 earnings per share for the quarter, topping analysts' consensus estimates of $0.32 by $0.01. The company had revenue of $3.06 billion for the quarter, compared to analysts' expectations of $3.11 billion. Chipotle Mexican Grill had a net margin of 13.32% and a return on equity of 43.50%. The business's quarterly revenue was up 3.0% compared to the same quarter last year. During the same period last year, the firm posted $0.34 earnings per share. Equities research analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current fiscal year.

Insider Activity

In other Chipotle Mexican Grill news, insider Roger E. Theodoredis sold 113,875 shares of the stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $49.70, for a total transaction of $5,659,587.50. Following the transaction, the insider owned 109,815 shares in the company, valued at $5,457,805.50. This represents a 50.91% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.02% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on CMG shares. UBS Group lifted their price target on shares of Chipotle Mexican Grill from $60.00 to $65.00 and gave the stock a "buy" rating in a research report on Thursday, July 17th. Melius began coverage on shares of Chipotle Mexican Grill in a research report on Monday, July 14th. They set a "hold" rating and a $60.00 price target on the stock. BMO Capital Markets raised shares of Chipotle Mexican Grill from a "market perform" rating to an "outperform" rating and boosted their price objective for the company from $56.00 to $65.00 in a research report on Friday, July 18th. Loop Capital cut their price objective on shares of Chipotle Mexican Grill from $65.00 to $63.00 and set a "buy" rating on the stock in a research report on Thursday, April 24th. Finally, Royal Bank Of Canada cut their price objective on shares of Chipotle Mexican Grill from $65.00 to $60.00 and set an "outperform" rating on the stock in a research report on Thursday, April 24th. Nine analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Chipotle Mexican Grill currently has a consensus rating of "Moderate Buy" and an average target price of $60.71.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Tortoise Investment Management LLC grew its stake in Chipotle Mexican Grill by 14.0% in the 4th quarter. Tortoise Investment Management LLC now owns 1,436 shares of the restaurant operator's stock valued at $87,000 after buying an additional 176 shares during the last quarter. Ascent Group LLC grew its stake in Chipotle Mexican Grill by 3.5% in the 2nd quarter. Ascent Group LLC now owns 5,752 shares of the restaurant operator's stock valued at $323,000 after buying an additional 193 shares during the last quarter. E. Ohman J or Asset Management AB grew its stake in Chipotle Mexican Grill by 0.3% in the 2nd quarter. E. Ohman J or Asset Management AB now owns 59,234 shares of the restaurant operator's stock valued at $3,326,000 after buying an additional 194 shares during the last quarter. Occidental Asset Management LLC grew its position in shares of Chipotle Mexican Grill by 2.8% during the 2nd quarter. Occidental Asset Management LLC now owns 7,257 shares of the restaurant operator's stock worth $407,000 after purchasing an additional 195 shares in the last quarter. Finally, Perennial Advisors LLC grew its position in shares of Chipotle Mexican Grill by 3.1% during the 2nd quarter. Perennial Advisors LLC now owns 6,667 shares of the restaurant operator's stock worth $374,000 after purchasing an additional 200 shares in the last quarter. Institutional investors and hedge funds own 91.31% of the company's stock.

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.