BJ’s Restaurants, Inc. (NASDAQ:BJRI) Insider Brian S. Krakower Sells 1,388 Shares


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BJ’s Restaurants, Inc. (NASDAQ:BJRI) insider Brian S. Krakower sold 1,388 shares of the stock in a transaction that occurred on Monday, February 22nd. The shares were sold at an average price of $53.81, for a total value of $74,688.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of BJRI stock traded up $0.24 during trading hours on Tuesday, hitting $53.32. 239,712 shares of the company’s stock were exchanged, compared to its average volume of 324,892. The stock’s 50-day moving average is $47.97 and its 200-day moving average is $36.48. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.57 and a quick ratio of 0.51. The stock has a market cap of $1.19 billion, a price-to-earnings ratio of -46.36, a price-to-earnings-growth ratio of 16.46 and a beta of 2.17. BJ’s Restaurants, Inc. has a 52 week low of $6.01 and a 52 week high of $55.81.

BJ’s Restaurants (NASDAQ:BJRI) last announced its earnings results on Wednesday, February 10th. The restaurant operator reported ($0.80) EPS for the quarter, hitting the consensus estimate of ($0.80). BJ’s Restaurants had a negative return on equity of 7.46% and a negative net margin of 2.90%. Equities research analysts forecast that BJ’s Restaurants, Inc. will post -2.03 earnings per share for the current fiscal year.

A number of brokerages recently commented on BJRI. Barclays upped their target price on BJ’s Restaurants from $32.00 to $36.00 in a research note on Friday, February 12th. Morgan Stanley upped their target price on BJ’s Restaurants from $43.00 to $45.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 16th. Deutsche Bank Aktiengesellschaft upped their target price on BJ’s Restaurants from $50.00 to $56.00 and gave the company a “hold” rating in a research note on Tuesday, February 16th. Wells Fargo & Company upped their target price on BJ’s Restaurants from $44.00 to $60.00 and gave the company an “overweight” rating in a research note on Tuesday, February 9th. They noted that the move was a valuation call. Finally, Zacks Investment Research lowered BJ’s Restaurants from a “hold” rating to a “sell” rating and set a $44.00 target price for the company. in a research note on Thursday, January 7th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $44.00.

Several hedge funds have recently made changes to their positions in the company. JPMorgan Chase & Co. grew its holdings in shares of BJ’s Restaurants by 554.0% during the fourth quarter. JPMorgan Chase & Co. now owns 258,329 shares of the restaurant operator’s stock worth $9,943,000 after purchasing an additional 218,829 shares during the last quarter. Morgan Stanley grew its holdings in shares of BJ’s Restaurants by 163.7% during the fourth quarter. Morgan Stanley now owns 507,734 shares of the restaurant operator’s stock worth $19,544,000 after purchasing an additional 315,211 shares during the last quarter. Amundi Pioneer Asset Management Inc. bought a new position in BJ’s Restaurants in the fourth quarter valued at about $292,000. Charles Schwab Investment Management Inc. boosted its holdings in BJ’s Restaurants by 2.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 293,206 shares of the restaurant operator’s stock valued at $11,286,000 after acquiring an additional 7,782 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its holdings in BJ’s Restaurants by 8.2% in the fourth quarter. The Manufacturers Life Insurance Company now owns 13,194 shares of the restaurant operator’s stock valued at $508,000 after acquiring an additional 997 shares during the last quarter. Institutional investors own 96.44% of the company’s stock.

BJ’s Restaurants Company Profile

BJ's Restaurants, Inc owns and operates casual dining restaurants in the United States. Its restaurants offer pizzas, craft and other beers, appetizers, entrées, pastas, sandwiches, specialty salads, and desserts. As of October 20, 2020, the company operated 210 casual dining restaurants in 29 states.

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Insider Buying and Selling by Quarter for BJ`s Restaurants (NASDAQ:BJRI)

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