Yesterday it was reported that the SVP & GC of BJ’s Restaurants (NASDAQ: BJRI), Kendra Miller, exercised options to sell 5,000 BJRI shares at $35.57 a share, for a total transaction value of $320K.
Following Kendra Miller’s last BJRI Sell transaction on November 10, 2014, the stock climbed by 16.8%. In addition to Kendra Miller, 3 other BJRI executives reported Sell trades in the last month.
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Based on BJ’s Restaurants’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $288 million and quarterly net profit of $16.95 million. In comparison, last year the company earned revenue of $266 million and had a net profit of $9.64 million. BJRI’s market cap is $1.34B and the company has a P/E ratio of 23.49. Currently, BJ’s Restaurants has an average volume of 222.2K.
Based on 10 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $70.78, reflecting a -9.7% downside. Four different firms, including Barclays and Longbow Research, currently also have a Sell rating on the stock.
The insider sentiment on BJ’s Restaurants has been negative according to 70 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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BJ’s Restaurants, Inc. engages in the ownership and operation of casual dining restaurants. It operates BJ’s Restaurant and Brewery, BJ’s Restaurant & Brewhouse, BJ’s Pizza and Grill or BJ’s Grill. It offers pizzas, appetizers, specialty salads, soups, pastas, sandwiches, entrées, desserts, and proprietary craft beers.
