Chipotle’s chief customer & technology officer sells $902,563 in stock

Published 11/02/2025, 22:26
Chipotle’s chief customer & technology officer sells $902,563 in stock

Garner Curtis E, the Chief Customer and Technology Officer of Chipotle Mexican Grill Inc . (NYSE:CMG), a $76.21 billion market cap restaurant chain with impressive 14.61% revenue growth, recently sold 15,750 shares of common stock. According to InvestingPro analysis, the company currently trades at premium valuation multiples across various metrics. The shares were sold at a weighted-average price of approximately $57.31, with actual sale prices ranging from $56.86 to $57.79 per share, generating a total of $902,563. Following this transaction, Curtis holds 394,764 shares in the company. The stock’s strong fundamentals are reflected in its robust 46% return on equity and healthy current ratio of 1.52. Discover more insights with InvestingPro’s comprehensive research report, which includes detailed analysis of Chipotle’s valuation and growth prospects.

Additionally, Curtis acquired 137,514 stock appreciation rights (SOSARs) at no cost. These rights are set to vest in equal portions on the second and third anniversaries of the grant date, subject to potential acceleration of vesting. Upon exercise, the SOSARs will convert to common stock on a one-to-one basis. InvestingPro subscribers can access 13 additional key insights about Chipotle’s financial health and market position.

In other recent news, Chipotle Mexican Grill faced a series of revisions in stock price targets from multiple analyst firms, following the release of its fourth-quarter report. RBC Capital Markets reduced its price target from $75 to $70, maintaining an Outperform rating. This adjustment was due to anticipated near-term challenges that could affect the company’s fiscal year 2025 guidance. RBC Capital, however, noted that Chipotle’s management has outlined a strategy that could lead to an improvement in same-store sales (SSS) and incremental margins in the latter half of 2025.

UBS analysts reiterated a Buy rating on Chipotle’s stock, maintaining a $70 price target. Despite mixed results in the fourth quarter and cautious guidance for 2025, UBS expressed optimism about the company’s solid underlying customer traffic and potential for margin expansion in the second half of the year.

Stephens adjusted the price target for Chipotle to $60, down from the previous $61, while maintaining an Equal Weight rating. Despite a slowdown in transaction trends during the first half of 2025, the analyst firm believes that Chipotle still possesses reliable prospects for positive customer traffic within its industry for the fiscal year 2025.

Piper Sandler reduced the price target to $59 from the previous $60 while maintaining a Neutral rating. This followed Chipotle’s fourth-quarter earnings report, which indicated a same-store sales (SSS) increase of 5.4% for the quarter.

Lastly, Stifel analysts lowered the price target to $68 from the previous $70, while maintaining a Buy rating. Despite a lower-than-anticipated long-term same-restaurant sales (L-MSD) growth forecast for the year 2025, Stifel analysts believe that Chipotle’s current stock price presents an attractive opportunity for investors.

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