BJ's Restaurants Insider John D. Allegretto Sells 5,000 Shares (BJRI)
BJ's Restaurants (NASDAQ:BJRI) Insider John D. Allegretto unloaded 5,000 shares of the stock on the open market in a transaction dated Thursday, August 28th. The stock was sold at an average price of $37.27, for a total value of $186,350.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
BJ's Restaurants (NASDAQ:BJRI) last posted its quarterly earnings results on Thursday, July 24th. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.06. The company had revenue of $219.40 million for the quarter, compared to the consensus estimate of $219.25 million. During the same quarter in the previous year, the company posted $0.32 earnings per share. The company’s revenue for the quarter was up 10.5% on a year-over-year basis.
BJRI has been the subject of a number of recent research reports. Analysts at Buckingham Research raised their price target on shares of BJ's Restaurants from $40.00 to $44.00 in a research note on Friday, August 22nd. Separately, analysts at Zacks upgraded shares of BJ's Restaurants from a “neutral” rating to an “outperform” rating in a research note on Thursday, August 14th. They now have a $43.00 price target on the stock. Finally, analysts at Stifel Nicolaus reiterated a “buy” rating on shares of BJ's Restaurants in a research note on Friday, July 25th. They now have a $43.00 price target on the stock, up previously from $38.00. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $33.44.
BJ’s Restaurants, Inc (NASDAQ:BJRI) owns and operates restaurants.
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