Insider Selling: BJ’s Restaurants (NASDAQ:BJRI) Director Sells $528,504.90 in Stock

Posted by Francis Steltz on Aug 15th, 2026

BJ’s Restaurants, Inc. (NASDAQ:BJRI – Get Free Report) Director Noah Elbogen sold 7,535 shares of BJ’s Restaurants stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $70.14, for a total transaction of $528,504.90. Following the completion of the transaction, the director directly owned 71,655 shares of the company’s stock, valued at $5,025,881.70. This trade represents a 9.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

BJ’s Restaurants Price Performance

Shares of NASDAQ:BJRI opened at $67.95 on Friday. The company has a market cap of $1.45 billion, a PE ratio of 36.34, a P/E/G ratio of 2.01 and a beta of 1.32. BJ’s Restaurants, Inc. has a fifty-two week low of $28.46 and a fifty-two week high of $74.60. The firm has a 50-day simple moving average of $61.40 and a 200 day simple moving average of $47.28. The company has a quick ratio of 0.22, a current ratio of 0.29 and a debt-to-equity ratio of 0.11.

BJ’s Restaurants (NASDAQ:BJRI – Get Free Report) last issued its earnings results on Thursday, July 30th. The restaurant operator reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $0.04. BJ’s Restaurants had a net margin of 2.86% and a return on equity of 12.93%. The firm had revenue of $388.89 million for the quarter, compared to analysts’ expectations of $377.07 million. During the same quarter last year, the company posted $0.97 earnings per share. BJ’s Restaurants’s revenue was up 6.4% on a year-over-year basis. On average, sell-side analysts anticipate that BJ’s Restaurants, Inc. will post 2.37 EPS for the current year.

More BJ’s Restaurants News

Here are the key news stories impacting BJ’s Restaurants this week:

Positive Sentiment: Zacks raised multiple earnings forecasts and maintained a “Strong-Buy” rating. Estimates increased for FY2026 EPS to $2.30 from $2.19, FY2027 EPS to $2.59 from $2.47, FY2028 EPS to $2.80 from $2.68, Q1 2027 EPS to $0.66 from $0.63, Q2 2027 EPS to $1.02 from $0.93, Q3 2027 EPS to $0.22 from $0.20 and Q2 2028 EPS to $1.13 from $1.05. The revisions suggest stronger anticipated profitability and are the clearest positive catalyst for BJRI. Zacks Research earnings estimates
Positive Sentiment: BJ’s Restaurants previously exceeded quarterly expectations, reporting $0.94 in EPS versus the $0.90 consensus estimate and $388.9 million in revenue versus expectations of $377.1 million. Revenue grew 6.4% year over year, supporting the improved outlook. BJ’s Restaurants quarterly results
Neutral Sentiment: A Zacks comparison examines whether BJRI or Texas Roadhouse (NASDAQ: TXRH) offers better value. With BJRI trading at a forward-looking valuation that implies significant growth, investors may use the comparison to assess whether the recent rally is justified. BJRI versus TXRH value comparison
Negative Sentiment: Director Noah Elbogen sold 7,535 shares for approximately $528,505, reducing his direct ownership by 9.52%. The remaining stake is substantial, but the insider sale could create modest investor concern after BJRI’s strong advance. Noah Elbogen insider sale

Institutional Investors Weigh In On BJ’s Restaurants

Hedge funds have recently made changes to their positions in the business. Bard Associates Inc. bought a new position in BJ’s Restaurants in the 2nd quarter worth approximately $30,000. CWM LLC raised its stake in BJ’s Restaurants by 187.7% during the 4th quarter. CWM LLC now owns 699 shares of the restaurant operator’s stock valued at $28,000 after acquiring an additional 456 shares in the last quarter. Quarry LP raised its stake in BJ’s Restaurants by 1,618.3% during the 3rd quarter. Quarry LP now owns 1,031 shares of the restaurant operator’s stock valued at $31,000 after acquiring an additional 971 shares in the last quarter. Kemnay Advisory Services Inc. bought a new stake in BJ’s Restaurants during the 4th quarter valued at $63,000. Finally, BNP Paribas Financial Markets boosted its position in BJ’s Restaurants by 77.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 2,317 shares of the restaurant operator’s stock worth $103,000 after acquiring an additional 1,012 shares during the period. Institutional investors own 99.95% of the company’s stock.

Wall Street Analyst Weigh In

BJRI has been the topic of several recent research reports. Barclays cut their price target on BJ’s Restaurants from $42.00 to $38.00 and set an “underweight” rating on the stock in a report on Wednesday, May 6th. Piper Sandler upped their price objective on BJ’s Restaurants from $40.00 to $43.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of BJ’s Restaurants in a research report on Friday, August 7th. DA Davidson set a $65.00 target price on BJ’s Restaurants in a research note on Friday, July 31st. Finally, Mizuho set a $74.00 price target on shares of BJ’s Restaurants in a report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, BJ’s Restaurants presently has an average rating of “Hold” and an average price target of $56.88.

View Our Latest Stock Analysis on BJRI

About BJ’s Restaurants

(Get Free Report)

BJ’s Restaurants, Inc is a publicly traded casual dining chain known for its deep‐dish pizzas, California‐style thin crust offerings and in‐house craft beer selections. Operating under the BJ’s Restaurant & Brewhouse brand, the company combines a microbrewery concept with full‐service dining, offering an extensive menu that includes appetizers, salads, pasta dishes, sandwiches and the signature Pizookie dessert.

Founded in 1978 in Orange County, California, BJ’s Restaurants began as BJ’s Chicago Pizzeria, bringing a Chicago‐style pizza experience to the West Coast.