Chipotle Mexican Grill’s recently made public that 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 $ 1.53 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 -4.54% to $54.49. Over the last five days, the stock has lost -5.73%. Chipotle Mexican Grill shares have fallen nearly -9.64% since the year began. Nevertheless, the stocks have risen 3.98% 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 02/18/25. SMA at 50 days reached $59.72, while 200 days put it at $58.98.
Levels Of Support And Resistance For CMG Stock
The 24-hour chart illustrates a support level at 53.65, which if violated will result in even more drops to 52.80. On the upside, there is a resistance level at 56.06. A further resistance level may holdings at 57.62. The Relative Strength Index (RSI) on the 14-day chart is 36.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.69%. Stochastics %K at 24.65% indicates the stock is a holding.
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.
