BJ’s Restaurants, Inc. (NASDAQ:BJRI) Director Patrick Walsh sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, November 10th. The shares were sold at an average price of $31.00, for a total value of $310,000.00. Following the transaction, the director now directly owns 19,844 shares of the company’s stock, valued at approximately $615,164. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Patrick Walsh also recently made the following trade(s):

  • On Wednesday, November 1st, Patrick Walsh sold 37,764 shares of BJ’s Restaurants stock. The shares were sold at an average price of $31.59, for a total value of $1,192,964.76.

BJ’s Restaurants, Inc. (BJRI) traded up $0.40 during trading on Tuesday, hitting $31.60. The company’s stock had a trading volume of 362,500 shares, compared to its average volume of 449,742. The company has a market cap of $643.76, a price-to-earnings ratio of 19.38, a price-to-earnings-growth ratio of 1.45 and a beta of 0.92. BJ’s Restaurants, Inc. has a twelve month low of $28.00 and a twelve month high of $47.55. The company has a current ratio of 0.56, a quick ratio of 0.46 and a debt-to-equity ratio of 0.79.

BJ’s Restaurants (NASDAQ:BJRI) last posted its earnings results on Thursday, October 26th. The restaurant operator reported $0.15 EPS for the quarter, missing the Zacks’ consensus estimate of $0.24 by ($0.09). The business had revenue of $247.00 million during the quarter, compared to the consensus estimate of $248.73 million. BJ’s Restaurants had a return on equity of 13.85% and a net margin of 3.30%. The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.30 EPS. research analysts expect that BJ’s Restaurants, Inc. will post 1.41 earnings per share for the current fiscal year.

The firm also recently announced a special dividend, which will be paid on Monday, December 4th. Shareholders of record on Monday, November 13th will be issued a $0.11 dividend. The ex-dividend date of this dividend is Friday, November 10th. BJ’s Restaurants’s payout ratio is 7.24%.

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A number of research analysts recently weighed in on the company. Zacks Investment Research lowered BJ’s Restaurants from a “hold” rating to a “sell” rating in a research report on Monday, July 31st. Morgan Stanley reaffirmed an “equal weight” rating and set a $41.00 price objective (down previously from $44.00) on shares of BJ’s Restaurants in a research report on Saturday, July 22nd. Barclays PLC reduced their price objective on BJ’s Restaurants from $38.00 to $36.00 and set an “underweight” rating for the company in a research report on Wednesday, July 19th. Canaccord Genuity reaffirmed a “buy” rating and set a $42.00 price objective on shares of BJ’s Restaurants in a research report on Friday, July 28th. Finally, Wells Fargo & Company reduced their price objective on 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. Two analysts have rated the stock with a sell rating, nine have given a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $36.89.

Several hedge funds have recently added to or reduced their stakes in the company. Segall Bryant & Hamill LLC boosted its stake in shares of BJ’s Restaurants by 3.5% in the 3rd quarter. Segall Bryant & Hamill LLC now owns 94,818 shares of the restaurant operator’s stock worth $2,887,000 after buying an additional 3,248 shares during the last quarter. Magnetar Financial LLC boosted its stake in shares of BJ’s Restaurants by 70.6% in the 3rd quarter. Magnetar Financial LLC now owns 17,523 shares of the restaurant operator’s stock worth $534,000 after buying an additional 7,251 shares during the last quarter. Engineers Gate Manager LP boosted its stake in shares of BJ’s Restaurants by 207.9% in the 3rd quarter. Engineers Gate Manager LP now owns 49,802 shares of the restaurant operator’s stock worth $1,516,000 after buying an additional 33,628 shares during the last quarter. Pinebridge Investments L.P. boosted its stake in shares of BJ’s Restaurants by 31.0% in the 3rd quarter. Pinebridge Investments L.P. now owns 25,902 shares of the restaurant operator’s stock worth $789,000 after buying an additional 6,131 shares during the last quarter. Finally, KBC Group NV boosted its stake in shares of BJ’s Restaurants by 11.4% in the 3rd quarter. KBC Group NV now owns 84,482 shares of the restaurant operator’s stock worth $2,572,000 after buying an additional 8,664 shares during the last quarter. Hedge funds and other institutional investors own 99.00% of the company’s stock.

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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