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 April 11th, the Representative disclosed that they had sold between $15,001 and $50,000 in Chipotle Mexican Grill stock on March 13th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

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

• Purchased $15,001 - $50,000 in shares of Harley-Davidson NYSE: HOG on 3/31/2025.
• Purchased $50,001 - $100,000 in shares of Block NYSE: XYZ on 3/31/2025.
• Sold $15,001 - $50,000 in shares of DuPont de Nemours NYSE: DD on 3/31/2025.
• Purchased $15,001 - $50,000 in shares of United Community Banks NASDAQ: UCB on 3/31/2025.
• Sold $15,001 - $50,000 in shares of IDEX NYSE: IEX on 3/31/2025.
• Purchased $15,001 - $50,000 in shares of HNI NYSE: HNI on 3/31/2025.
• Sold $50,001 - $100,000 in shares of ServiceNow NYSE: NOW on 3/31/2025.
• Sold $15,001 - $50,000 in shares of Coinbase Global NASDAQ: COIN on 3/31/2025.
• Sold $15,001 - $50,000 in shares of Constellation Energy NASDAQ: CEG on 3/31/2025.
• Sold $50,001 - $100,000 in shares of Simon Property Group NYSE: SPG on 3/31/2025.

Chipotle Mexican Grill Stock Up 0.1 %

Shares of CMG stock traded up $0.05 on Friday, reaching $48.13. The stock had a trading volume of 9,352,505 shares, compared to its average volume of 13,432,046. Chipotle Mexican Grill, Inc. has a 12 month low of $44.46 and a 12 month high of $69.26. The firm has a market capitalization of $65.24 billion, a price-to-earnings ratio of 43.36, a P/E/G ratio of 2.04 and a beta of 1.27. The firm's 50-day moving average is $51.08 and its two-hundred day moving average is $56.64.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.24 by $0.01. Chipotle Mexican Grill had a return on equity of 42.92% and a net margin of 13.56%. On average, sell-side analysts forecast that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in CMG. Golden State Wealth Management LLC purchased a new position in Chipotle Mexican Grill during the fourth quarter valued at approximately $371,000. Raymond James Financial Inc. purchased a new position in shares of Chipotle Mexican Grill during the 4th quarter valued at $315,220,000. U.S. Capital Wealth Advisors LLC increased its holdings in shares of Chipotle Mexican Grill by 155.1% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 14,918 shares of the restaurant operator's stock worth $900,000 after purchasing an additional 9,070 shares during the period. Woodard & Co. Asset Management Group Inc. ADV purchased a new stake in shares of Chipotle Mexican Grill in the fourth quarter worth $715,000. Finally, Vinva Investment Management Ltd raised its position in shares of Chipotle Mexican Grill by 50.6% in the fourth quarter. Vinva Investment Management Ltd now owns 65,069 shares of the restaurant operator's stock worth $3,910,000 after buying an additional 21,864 shares in the last quarter. Hedge funds and other institutional investors own 91.31% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently commented on CMG. Sanford C. Bernstein reaffirmed an "outperform" rating and set a $70.00 target price on shares of Chipotle Mexican Grill in a report on Tuesday, January 28th. Wells Fargo & Company dropped their price target on Chipotle Mexican Grill from $75.00 to $70.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 5th. Cfra upgraded Chipotle Mexican Grill from a "buy" rating to a "strong-buy" rating and boosted their price objective for the company from $59.00 to $73.00 in a report on Wednesday, February 5th. Stifel Nicolaus cut their target price on Chipotle Mexican Grill from $68.00 to $65.00 and set a "buy" rating on the stock in a report on Wednesday, March 19th. Finally, JPMorgan Chase & Co. lowered their price objective on Chipotle Mexican Grill from $64.00 to $58.00 and set a "neutral" rating for the company in a research note on Thursday, March 20th. Eight research analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $65.42.

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.