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Jack in the Box (NASDAQ:JACK) CFO Jerry P. Rebel sold 9,268 shares of the company’s stock on the open market in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $61.11, for a total transaction of $566,367.48. Following the transaction, the chief financial officer now directly owns 89,431 shares in the company, valued at approximately $5,465,128. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of Jack in the Box (NASDAQ:JACK) traded down 0.97% during mid-day trading on Tuesday, hitting $60.51. The stock had a trading volume of 379,517 shares. Jack in the Box has a 52 week low of $38.53 and a 52 week high of $62.90. The stock has a 50-day moving average of $58.65 and a 200-day moving average of $57.54. The company has a market cap of $2.362 billion and a price-to-earnings ratio of 27.51.

Jack in the Box (NASDAQ:JACK) last announced its earnings results 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. Stockholders 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 has been the subject of a number of recent research reports. 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 assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $64.80.

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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