In a filing, Chipotle Mexican Grill revealed its Chief Accountg & Admin Officer McConnell Jamie unloaded Company’s shares for reported $0.66 million on Feb 10 ’25. In the deal valued at $58.70 per share,11,319 shares were sold. As a result of this transaction, McConnell Jamie now holds 28,064 shares worth roughly $1.58 million.
Then, Garner Curtis E sold 15,750 shares, generating $902,563 in total proceeds. Upon selling the shares at $57.31, the Chief Customer & Techlgy Ofcr now owns 394,764 shares.
Before that, JAMIE MCCONNELL bought 11,319 shares. Chipotle Mexican Grill shares valued at $664,425 were divested by the Officer at a price of $58.70 per share.
CFRA upgraded its Chipotle Mexican Grill [CMG] rating to a Strong buy from a a Buy in a research note published on February 05, 2025; the price target was increased to $73 from $59. Wedbush also remained covering CMG and has increased its forecast on August 14, 2024 with a “an Outperform” recommendation from previously “Neutral” rating. Evercore ISI maintained its rating on July 16, 2024. It rated CMG as “an Outperform”.
Price Performance Review of CMG
On Tuesday, Chipotle Mexican Grill [NYSE:CMG] saw its stock fall -2.80% to $56.18. Over the last five days, the stock has lost -4.81%. Chipotle Mexican Grill shares have fallen nearly -6.83% since the year began. Nevertheless, the stocks have risen 7.19% over the past one year. While a 52-week high of $69.26 was reached on 01/02/25, a 52-week low of $47.98 was recorded on 01/22/25. SMA at 50 days reached $60.08, while 200 days put it at $59.11.
Levels Of Support And Resistance For CMG Stock
The 24-hour chart illustrates a support level at 55.54, which if violated will result in even more drops to 54.91. On the upside, there is a resistance level at 57.43. A further resistance level may holdings at 58.69. The Relative Strength Index (RSI) on the 14-day chart is 39.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.74, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.26%. Stochastics %K at 39.47% indicates the stock is a holding.
How much short interest is there in Chipotle Mexican Grill?
A steep rise in short interest was recorded in Chipotle Mexican Grill stocks on 2025-01-15, dropping by -2.95 million shares to a total of 24.3 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 27.25 million shares. There was a decline of -12.15%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on June 13, 2024 when Goldman began covering the stock and recommended ‘”a Buy”‘ rating along with a $3730 price target.
