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Red Robin Gourmet Burgers (NASDAQ:RRGB) Director Stuart I. Oran sold 1,500 shares of Red Robin Gourmet Burgers stock on the open market in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $75.19, for a total transaction of $112,785.00. Following the transaction, the director now directly owns 7,268 shares of the company’s stock, valued at approximately $546,481. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Red Robin Gourmet Burgers (NASDAQ:RRGB) traded up 0.05% during mid-day trading on Monday, hitting $74.83. The stock had a trading volume of 156,831 shares. Red Robin Gourmet Burgers has a 1-year low of $53.01 and a 1-year high of $86.83. The stock has a 50-day moving average of $68.24 and a 200-day moving average of $71.04. The company has a market cap of $1.069 billion and a P/E ratio of 31.40.

Red Robin Gourmet Burgers (NASDAQ:RRGB) last posted its quarterly earnings results on Tuesday, May 20th. The company reported $0.82 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.72 by $0.10. The company had revenue of $340.50 million for the quarter, compared to the consensus estimate of $334.80 million. During the same quarter in the prior year, the company posted $0.66 earnings per share. The company’s quarterly revenue was up 11.2% on a year-over-year basis. On average, analysts predict that Red Robin Gourmet Burgers will post $2.86 earnings per share for the current fiscal year.

A number of research firms have recently commented on RRGB. Analysts at Zacks reiterated a “neutral” rating on shares of Red Robin Gourmet Burgers in a research note on Thursday, May 22nd. They now have a $75.00 price target on the stock. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $82.91.

Red Robin Gourmet Burgers, Inc (NASDAQ:RRGB) together with its subsidiaries, is a casual dining restaurant chain focused on serving gourmet burgers.

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