Curtis Garner sells shares of Chipotle Mexican Grill

Curtis Garner, Chief Customer & Technology Officer of Chipotle Mexican Grill, executed a transaction on September 11, 2024, in which he sold 15,750 shares of the company. This transaction was recently documented in an SEC filing. Following this sale, the insider now holds 473,514 shares of the company. Chipotle Mexican Grill operates a chain of restaurants in the US and internationally, specializing in burritos, tacos, and salads. The company places great emphasis on fresh ingredients and customizable menu options. In the past year, Curtis Garner has sold a total of 94,421 shares and made no purchases. This recent sale aligns with a broader trend at Chipotle Mexican Grill, where there have been 25 insider sales and only one insider purchase in the last twelve months. On the day of the sale, Chipotle Mexican Grill’s stock price was $55.02. This price gives the company a market capitalization of approximately $76.85 billion. The stock’s price-to-earnings (P/E) ratio is 55.02, which is above the industry average of 22.185. According to GF Value, an intrinsic value estimation method used by GuruFocus, Chipotle Mexican Grill is considered moderately overvalued with a price-to-GF-Value ratio of 1.15. The GF Value is calculated based on historical trading multiples, an adjustment factor based on past returns and growth rates, as well as future business expectations provided by Morningstar analysts. This insider sale may interest investors who track ownership changes and wish to evaluate the current valuation metrics of the stock, including the price-to-earnings ratio and the GF Value status.