GuruFocus - On September 11, 2024, Curtis Garner, Chief Customer & Technology Officer of Chipotle Mexican Grill Inc (NYSE:CMG), executed a sale of 15,750 shares of the company. The transaction was documented in a recent SEC Filing. Following this transaction, the insider now owns 473,514 shares of the company.
Chipotle Mexican Grill Inc operates a chain of restaurants in the United States and internationally, specializing in burritos, tacos, and salads. The company focuses on fresh ingredients and customizable menu options.
Over the past year, Curtis Garner has sold a total of 94,421 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend observed at Chipotle Mexican Grill Inc, where there have been 25 insider sells and only 1 insider buy over the past year.
On the day of the sale, shares of Chipotle Mexican Grill Inc were trading at $55.02. This pricing gives the company a market cap of approximately $76.85 billion. The price-earnings ratio of the stock stands at 55.02, which is above the industry median of 22.185.
According to the GF Value, an intrinsic value estimate used by GuruFocus, Chipotle Mexican Grill Inc is considered modestly overvalued with a price-to-GF-Value ratio of 1.15. The GF Value is calculated based on historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
This insider sale might interest investors tracking ownership changes and evaluating the stock's current valuation metrics, including its price-earnings ratio and GF Value status.
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.