Chipotle pres. Garner sells $3.47 million in CMG stock

Published 30/06/2025, 14:22
Chipotle pres. Garner sells $3.47 million in CMG stock

Curtis E. Garner, President, Chief Strategy & Technology Officer at Chipotle Mexican Grill INC (NYSE:CMG), sold 63,000 shares of the company’s common stock on June 25, 2025. The shares were sold at a weighted-average price of $55.1402, for a total value of $3.47 million. Prices for the sales ranged from $55.00 to $55.31 per share.

Following the transaction, Garner directly owns 355,482 shares of Chipotle Mexican Grill INC. The company maintains strong financial health with a current ratio of 1.52 and has delivered a robust return on assets of 17.89% over the last twelve months. InvestingPro subscribers can access 13 additional key insights and a comprehensive Pro Research Report for deeper analysis of CMG’s financial position and growth prospects.

In other recent news, Chipotle Mexican Grill has seen a range of analyst activity and strategic developments. Bernstein SocGen Group increased its price target for Chipotle to $65, maintaining an Outperform rating, despite the company’s first negative same-store sales growth since the e.Coli crisis. The firm emphasized Chipotle’s pricing discipline and anticipated a recovery in performance by the second quarter of 2025. Meanwhile, TD Cowen reiterated its buy rating, expressing confidence in Chipotle’s strategy amidst macroeconomic challenges, and highlighted the company’s stable value perception among consumers.

Redburn-Atlantic initiated coverage on Chipotle with a Neutral rating and set a price target of $55, noting the company’s strong position in the U.S. restaurant sector. The firm pointed out that current market expectations might limit further positive revisions to forecasts. Stephens maintained an Equal Weight rating with a $49 target, focusing on Chipotle’s new Adobo Ranch dip as a strategic move appealing to younger consumers and enhancing customer engagement.

JPMorgan adjusted its price target for Chipotle to $54, maintaining a Neutral rating, following a reassessment of the company’s valuation model. The firm cited potential challenges in Chipotle’s delivery business but acknowledged expectations of a sales rebound in the near future. These recent developments reflect a mix of cautious optimism and strategic initiatives as Chipotle navigates its market environment.

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