Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Chipotle Mexican Grill shares valued at $1,096,297 were sold by Garner Curtis E on Feb 25 ’25. At $52.36 per share, Garner Curtis E sold 20,937 shares. The insider’s holdings dropped to 418,482 shares worth approximately $22.07 million following the completion of this transaction.
Also, CURTIS E. GARNER purchased 20,937 shares, netting a total of over 1,096,297 in proceeds.
Before that, McConnell Jamie had sold 11,319 shares from its account. In a trade valued at $664,426, the Chief Accountg & Admin Officer traded Chipotle Mexican Grill shares for $58.70 each. Upon closing the transaction, the insider’s holdings decreased to 11,319 shares, worth approximately $1.48 million.
As published in a research note from CFRA on February 05, 2025, Chipotle Mexican Grill [CMG] has been rated up from a Buy to a Strong buy and the price target has been revised to $73 from $59. As of August 14, 2024, Wedbush has increased its “Neutral” rating to a “an Outperform” for CMG. Earlier on July 16, 2024, Evercore ISI resumed its rating. Their recommendation was “an Outperform” for CMG stock.
Analyzing CMG Stock Performance
During the last five days, there has been a drop of approximately -0.58%. Over the course of the year, Chipotle Mexican Grill shares have dropped approximately -12.54%. Shares of the company reached a 52-week high of $61.16 on 01/02/25 and a 52-week low of $50.50 on 02/24/25. A 50-day SMA is recorded $57.97, while a 200-day SMA reached $58.59.
Support And Resistance Levels for Chipotle Mexican Grill (CMG)
According to the 24-hour chart, there is a support level at 52.14, which, if violated, would cause prices to drop to 51.53. In the upper region, resistance lies at 53.72. The next price resistance is at 54.69. RSI (Relative Strength Index) is 37.42 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.87, which suggests the price will decrease in the coming days. Percent R is at 73.92%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
