BJ’s Restaurants, Inc. (NASDAQ:BJRI) Director Patrick Walsh sold 37,764 shares of BJ’s Restaurants stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $31.59, for a total transaction of $1,192,964.76. Following the transaction, the director now directly owns 19,844 shares of the company’s stock, valued at $626,871.96. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

BJ’s Restaurants, Inc. (NASDAQ:BJRI) traded down $0.30 during trading on Friday, reaching $31.40. 420,493 shares of the company’s stock traded hands, compared to its average volume of 515,190. The company has a market capitalization of $673.41 million, a PE ratio of 19.50, a PEG ratio of 1.44 and a beta of 0.92. The company has a current ratio of 0.55, a quick ratio of 0.46 and a debt-to-equity ratio of 0.65.

BJ’s Restaurants (NASDAQ:BJRI) last posted its quarterly earnings results on Thursday, October 26th. The restaurant operator reported $0.15 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.09). BJ’s Restaurants had a net margin of 3.30% and a return on equity of 13.57%. The business had revenue of $247.00 million during the quarter, compared to the consensus estimate of $248.73 million. During the same quarter in the prior year, the firm posted $0.30 EPS. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. analysts anticipate that BJ’s Restaurants, Inc. will post 1.43 EPS for the current year.

The firm also recently declared a special dividend, which will be paid on Monday, December 4th. Stockholders of record on Monday, November 13th will be issued a $0.11 dividend. The ex-dividend date of this dividend is Friday, November 10th.

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Several large investors have recently bought and sold shares of the company. Aperio Group LLC raised its holdings in shares of BJ’s Restaurants by 0.7% in the 2nd quarter. Aperio Group LLC now owns 6,593 shares of the restaurant operator’s stock valued at $246,000 after purchasing an additional 45 shares in the last quarter. Pacad Investment Ltd. raised its holdings in shares of BJ’s Restaurants by 1.8% in the 2nd quarter. Pacad Investment Ltd. now owns 5,800 shares of the restaurant operator’s stock valued at $216,000 after purchasing an additional 100 shares in the last quarter. Public Employees Retirement System of Ohio raised its holdings in shares of BJ’s Restaurants by 1.2% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 17,086 shares of the restaurant operator’s stock valued at $636,000 after purchasing an additional 208 shares in the last quarter. People s United Financial Inc. raised its holdings in shares of BJ’s Restaurants by 2.1% in the 2nd quarter. People s United Financial Inc. now owns 12,014 shares of the restaurant operator’s stock valued at $447,000 after purchasing an additional 246 shares in the last quarter. Finally, US Bancorp DE raised its holdings in shares of BJ’s Restaurants by 1.2% in the 2nd quarter. US Bancorp DE now owns 21,794 shares of the restaurant operator’s stock valued at $812,000 after purchasing an additional 262 shares in the last quarter. Institutional investors and hedge funds own 99.38% of the company’s stock.

A number of research firms recently commented on BJRI. Barclays PLC dropped their price target on shares of BJ’s Restaurants from $29.00 to $27.00 and set an “underweight” rating for the company in a research note on Friday, October 27th. Canaccord Genuity dropped their price target on shares of BJ’s Restaurants from $42.00 to $38.00 and set a “buy” rating for the company in a research note on Friday, October 27th. Zacks Investment Research cut shares of BJ’s Restaurants from a “hold” rating to a “sell” rating in a research note on Monday, July 31st. Wells Fargo & Company lowered their price objective on shares of BJ’s Restaurants from $35.00 to $30.00 and set a “market perform” rating for the company in a research report on Wednesday, October 18th. Finally, Piper Jaffray Companies reissued a “hold” rating and issued a $44.00 price objective on shares of BJ’s Restaurants in a research report on Friday, July 14th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $36.89.

BJ’s Restaurants Company Profile

BJ’s Restaurants, Inc owns and operates restaurants. The Company segment includes casual dining company-owned restaurants. Each of its restaurants is operated either as a BJ’s Restaurant & Brewhouse, a BJ’s Restaurant & Brewery, a BJ’s Pizza & Grill or a BJ’s Grill restaurant. The Company’s restaurants offer craft beers and other beers, as well as a selection of appetizers, entrees, pastas, burgers and sandwiches, specialty salads, and desserts, including its warm pizza cookie dessert, the Pizookie.

Insider Buying and Selling by Quarter for BJ`s Restaurants (NASDAQ:BJRI)

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