Texas Roadhouse Inc (NASDAQ:TXRH) insider Scott Matthew Colosi sold 10,644 shares of the firm’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $58.55, for a total value of $623,206.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Scott Matthew Colosi also recently made the following trade(s):
- On Tuesday, January 9th, Scott Matthew Colosi sold 22,403 shares of Texas Roadhouse stock. The shares were sold at an average price of $56.43, for a total value of $1,264,201.29.
Texas Roadhouse Inc (NASDAQ:TXRH) traded down $1.07 during trading on Tuesday, reaching $56.91. The company’s stock had a trading volume of 1,440,000 shares, compared to its average volume of 652,790. The company has a quick ratio of 0.63, a current ratio of 0.69 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $4,040.00, a P/E ratio of 32.90, a PEG ratio of 1.97 and a beta of 0.59. Texas Roadhouse Inc has a 1 year low of $40.28 and a 1 year high of $60.43.
A number of institutional investors have recently bought and sold shares of TXRH. BlackRock Inc. raised its position in Texas Roadhouse by 3.9% in the fourth quarter. BlackRock Inc. now owns 7,022,082 shares of the restaurant operator’s stock valued at $369,923,000 after purchasing an additional 265,122 shares during the last quarter. Eaton Vance Management raised its position in shares of Texas Roadhouse by 50.3% during the fourth quarter. Eaton Vance Management now owns 591,142 shares of the restaurant operator’s stock worth $31,141,000 after acquiring an additional 197,951 shares during the last quarter. Amundi Pioneer Asset Management Inc. bought a new position in shares of Texas Roadhouse during the fourth quarter worth about $8,666,000. Point72 Asset Management L.P. bought a new position in shares of Texas Roadhouse during the third quarter worth about $6,268,000. Finally, Tide Point Capital Management LP bought a new position in shares of Texas Roadhouse during the fourth quarter worth about $5,809,000. Hedge funds and other institutional investors own 87.08% of the company’s stock.
Several analysts recently weighed in on TXRH shares. Maxim Group raised their price objective on Texas Roadhouse from $55.00 to $60.00 and gave the company a “buy” rating in a research note on Tuesday, October 31st. BMO Capital Markets reduced their price objective on Texas Roadhouse from $58.00 to $57.00 and set an “outperform” rating on the stock in a research note on Tuesday, October 31st. Oppenheimer reaffirmed a “hold” rating on shares of Texas Roadhouse in a research note on Tuesday, October 31st. Telsey Advisory Group raised their price objective on Texas Roadhouse from $54.00 to $58.00 and gave the company a “market perform” rating in a research note on Thursday, December 21st. Finally, BidaskClub raised Texas Roadhouse from a “sell” rating to a “hold” rating in a research note on Friday, December 22nd. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and ten have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $56.00.
Texas Roadhouse Company Profile
Texas Roadhouse, Inc is a restaurant company, which operates in the casual dining segment. The Company offers an assortment of seasoned and aged steaks, all cooked over open grills and all but one hand cut daily on the premises. Its restaurants offer a range of menu items at prices that are designed to appeal to a range of consumer tastes.
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