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Jack in the Box (NASDAQ:JACK) CFO Jerry P. Rebel sold 10,000 shares of Jack in the Box stock on the open market in a transaction dated Thursday, August 14th. The stock was sold at an average price of $60.21, for a total value of $602,100.00. Following the completion of the sale, the chief financial officer now directly owns 89,431 shares of the company’s stock, valued at approximately $5,384,641. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

A number of analysts have recently weighed in on JACK shares. Analysts at Wedbush raised their price target on shares of Jack in the Box from $68.00 to $75.00 in a research note on Friday, August 8th. Separately, analysts at Jefferies Group raised their price target on shares of Jack in the Box from $68.00 to $71.00 in a research note on Friday, August 8th. Finally, analysts at Telsey Advisory Group raised their price target on shares of Jack in the Box from $58.00 to $72.00 in a research note on Friday, August 8th. They now have a “not rated” rating on the stock. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $64.80.

Shares of Jack in the Box (NASDAQ:JACK) traded up 0.35% on Friday, hitting $60.60. 522,266 shares of the company’s stock traded hands. Jack in the Box has a 52-week low of $38.53 and a 52-week high of $62.90. The stock’s 50-day moving average is $58.61 and its 200-day moving average is $57.29. The company has a market cap of $2.365 billion and a P/E ratio of 27.19.

Jack in the Box (NASDAQ:JACK) last released its earnings data on Wednesday, August 6th. The company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.07. The company had revenue of $348.50 million for the quarter, compared to the consensus estimate of $343.30 million. During the same quarter in the previous year, the company posted $0.41 earnings per share. The company’s revenue for the quarter was down .5% on a year-over-year basis. Analysts expect that Jack in the Box will post $2.43 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Tuesday, September 2nd. Shareholders of record on Monday, August 18th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date of this dividend is Thursday, August 14th.

Jack in the Box Inc is a restaurant company. The Company operates in two segments: Jack in the Box and Qdoba.

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