On January 29, 2024, Brian Niccol, Chairman and CEO of Chipotle Mexican Grill Inc (CMG, Financial), executed a sale of 1,996 shares of the company, according to a recent SEC Filing. The transaction was carried out with shares priced at $2,399.91 each, impacting the market cap of the company, which stands at $66,396.317 billion.
Chipotle Mexican Grill Inc operates a chain of restaurants in the United States and internationally, offering a menu of burritos, tacos, burrito bowls, and salads. The company is known for its use of high-quality raw ingredients, classic cooking methods, and distinctive interior design, and features a relatively simple menu.
Over the past year, the insider has sold a total of 24,056 shares and has not made any purchases. The recent sale by the insider is part of a broader trend observed within the company. In the past year, there has been a total of 1 insider buy and 32 insider sells for Chipotle Mexican Grill Inc.
Regarding the company's valuation, Chipotle Mexican Grill Inc's shares were trading at $2,399.91 on the day of the insider's sale. The price-earnings ratio of the company is 57.38, which is above the industry median of 23.405 but below the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio is 1.11, indicating that Chipotle Mexican Grill Inc is considered Modestly Overvalued based on its GF Value of $2,153.56.
The GF Value is a proprietary intrinsic value estimate from GuruFocus, which is calculated using historical trading multiples, a GuruFocus adjustment factor based on the company's past returns and growth, and future business performance estimates provided by Morningstar analysts.
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.
