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Hernan Mujica, the Chief Technology Officer of Texas Roadhouse , Inc. (NASDAQ:TXRH), a restaurant chain with an $11.7 billion market capitalization and perfect Piotroski Score of 9 according to InvestingPro, recently sold 2,050 shares of the company’s common stock. The transaction, which took place on February 24, 2025, was executed at a price of $170.66 per share, resulting in a total sale value of $349,853. Following this transaction, Mujica retains ownership of 17,162 shares in the company. Additionally, Mujica holds 2,600 restricted stock units, which are set to vest on January 8, 2026, contingent upon his continued service with the company. The stock, which has gained 19% over the past year and currently trades near its InvestingPro Fair Value, demonstrates historically low price volatility. For deeper insights into insider transactions and 13 additional ProTips, consider accessing the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Texas Roadhouse reported a robust fourth-quarter performance with a 7.7% growth in same-store sales, slightly surpassing analyst expectations. Despite this, the company has experienced a slowdown in sales momentum in the first quarter, attributed to weather conditions and calendar shifts. RBC Capital Markets adjusted its price target for Texas Roadhouse shares from $200 to $180, citing concerns about future demand trends and inflationary pressures. Similarly, Stifel lowered its price target from $185 to $172, maintaining a Hold rating while noting the company’s earnings per share exceeded expectations due to an additional operating week.
Truist Securities also revised its price target from $209 to $205 but kept a Buy rating, highlighting strong underlying trends despite recent challenges. The firm noted that Texas Roadhouse’s guidance on commodity inflation, specifically beef prices, could impact profit margins in 2025. Benchmark maintained a Hold rating, reflecting a steady outlook on the company’s prospects without significant changes. KeyBanc kept a Sector Weight rating, acknowledging the company’s strong fourth-quarter performance but noting a slowdown in the first quarter.
Analysts have adjusted their earnings estimates in response to Texas Roadhouse’s updated forecasts, with some expressing concerns about higher food costs and sales growth deceleration. Despite these adjustments, Texas Roadhouse’s core business remains strong, with analysts like those at Truist Securities seeing potential for stock expansion. These developments reflect the challenges and opportunities facing Texas Roadhouse amid economic pressures and shifting market dynamics.
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