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In a recent transaction reported to the SEC, Donna Epps, a director at Texas Roadhouse , Inc. (NASDAQ:TXRH), sold 800 shares of the company’s common stock. The shares were sold at a price of $186.52 each, amounting to a total sale of $149,216. Following this transaction, Epps retains ownership of 4,632 shares in the company. The sale comes as Texas Roadhouse trades near $190 per share, with a market capitalization of $12.6 billion. According to InvestingPro analysis, the stock’s RSI indicates overbought territory, and current trading levels suggest the stock is moderately overvalued.
In addition to the common stock transaction, Epps holds 1,200 restricted stock units. These units are set to vest on January 8, 2026, at which point they will convert to shares of common stock, contingent upon Epps’s continued service with the company.
The transaction highlights ongoing activity in Texas Roadhouse’s stock by its insiders, providing a glimpse into the financial maneuvers of its leadership.
In other recent news, Texas Roadhouse reported first-quarter 2025 revenues of $1.45 billion, surpassing consensus estimates of $1.44 billion, driven by a same-store sales growth of 3.5%. Despite this revenue beat, the company’s earnings per share (EPS) fell short at $1.70, compared to the expected $1.76, due to pressures on restaurant-level operating margins. The company also faced high prime costs, with food and labor expenses reaching 67.4% for the first quarter. In response to these financial dynamics, several analysts have adjusted their outlooks on Texas Roadhouse. JPMorgan raised its price target to $200, citing the company’s strong customer value proposition and sales growth. Stifel increased its target to $180, maintaining a Hold rating, while Evercore ISI lifted its target to $190, highlighting robust sales recovery despite cost pressures. Benchmark, however, maintained a Hold rating, noting concerns over rising commodity costs and economic uncertainties. Additionally, Texas Roadhouse’s Annual Meeting of Shareholders resulted in the election of directors and the ratification of KPMG LLP as independent auditors, though a proposal for disclosing the company’s Consolidated EEO-1 Report was not approved.
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