Jersey Mike’s (NYSE:JMKE) COO Stacy Peterson Purchases 15,000 Shares

Jersey Mike’s (NYSE:JMKE) COO Stacy Peterson purchased 15,000 shares of the firm’s stock in a transaction on Friday, July 31st. The shares were acquired at an average cost of $23.00 per share, for a total transaction of $345,000.00. Following the completion of the acquisition, the chief operating officer owned 15,000 shares of the company’s stock, valued at approximately $345,000. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Jersey Mike’s Price Performance

NYSE JMKE opened at $23.23 on Wednesday. Jersey Mike’s has a twelve month low of $20.63 and a twelve month high of $24.99.

Analyst Ratings Changes

Separately, Melius Research initiated coverage on Jersey Mike’s in a research note on Thursday, July 30th. They issued a “buy” rating and a $30.00 price target for the company. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $30.00.

About Jersey Mike’s

We are Jersey Mike’s: A high-growth franchisor of fast casual, submarine-style sandwich restaurants specializing in authentic, hand-crafted, craveable subs. Built over 70 years on one uncompromising belief – that a truly great sub sandwich can change your day and that a truly great brand changes its community – Jersey Mike’s is now one of the largest and fastest-growing limited-service restaurant brands based on U.S. systemwide sales and unit growth, with 3,300 stores across all 50 states and two countries – nearly all of which are franchised.