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Warfield Curtis, a director at Texas Roadhouse , Inc. (NASDAQ:TXRH), recently sold shares of the company’s common stock, according to a filing with the Securities and Exchange Commission. The restaurant chain, currently valued at $12.34 billion, has demonstrated strong market performance with a 24.55% return over the past year and maintains a "GREAT" financial health rating according to InvestingPro analysis. On March 4, Curtis sold a total of 3,281 shares at a weighted average price of $183.67, amounting to approximately $602,621. Following the transaction, Curtis holds 6,801 shares directly.
The sales were executed within a price range of $182.53 to $186.09. Curtis’s remaining holdings include 1,200 restricted stock units, which are set to vest on January 8, 2026. These units will convert to common stock upon vesting, contingent on Curtis’s continued service with the company.
In other recent news, Texas Roadhouse’s financial outlook has seen several adjustments from major analyst firms. Guggenheim Securities revised its price target for the company to $200, down from $205, while maintaining a Buy rating. The firm adjusted its earnings per share (EPS) estimates for 2025 and 2026, citing increased costs associated with essential menu items. RBC Capital Markets also lowered its price target to $180 from $200, maintaining a Sector Perform rating, following mixed fourth-quarter results that exceeded modest expectations but raised concerns about future demand trends.
Meanwhile, Truist Securities reduced its price target to $205 from $209, yet upheld a Buy rating, noting that Texas Roadhouse’s same-store sales faced challenges due to weather and calendar shifts, but underlying trends remain strong. KeyBanc kept its Sector Weight rating unchanged, observing robust fourth-quarter performance with a 7.7% growth in same-store sales, though a slowdown was noted in early 2025. Benchmark maintained its Hold rating, indicating a consistent outlook on Texas Roadhouse’s market position and growth prospects.
These recent developments reflect varying perspectives among analysts, with some expressing confidence in the company’s valuation and growth potential despite external challenges. Texas Roadhouse’s financial performance and strategic adjustments continue to be closely monitored by investors and analysts alike.
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