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Chipotle Mexican Grill (CMG) may enjoy gains as insiders got busy in the recent days

Chipotle Mexican Grill’s filing revealed that its Chief Customer & Techlgy Ofcr Garner Curtis E unloaded Company’s shares for reported $0.35 million on Mar 11 ’25. In the deal valued at $50.53 per share,6,940 shares were sold. As a result of this transaction, Garner Curtis E now holds 418,482 shares worth roughly $20.78 million.

Then, Garner Curtis E sold 6,930 shares, generating $347,944 in total proceeds. Upon selling the shares at $50.21, the Chief Customer & Techlgy Ofcr now owns 418,482 shares.

Before that, Garner Curtis E sold 6,891 shares. Chipotle Mexican Grill shares valued at $334,657 were divested by the Chief Customer & Techlgy Ofcr at a price of $48.56 per share. As a result of the transaction, Garner Curtis E now holds 418,482 shares, worth roughly $20.78 million.

Loop Capital upgraded its Chipotle Mexican Grill [CMG] rating to a Buy from a a Hold in a research note published on March 14, 2025; the price target was increased to $65 from $58. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in early March from “an Equal-weight” to “an Overweight”. CFRA also remained covering CMG and has increased its forecast on February 05, 2025 with a “Strong buy” recommendation from previously “Buy” rating.

Price Performance Review of CMG

On Monday, Chipotle Mexican Grill [NYSE:CMG] saw its stock fall -0.76% to $49.65. Over the last five days, the stock has lost -0.36%. Chipotle Mexican Grill shares have fallen nearly -17.66% since the year began. Nevertheless, the stocks have fallen -8.82% 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 03/07/25. SMA at 50 days reached $55.37, while 200 days put it at $57.86.

Levels Of Support And Resistance For CMG Stock

The 24-hour chart illustrates a support level at 49.22, which if violated will result in even more drops to 48.78. On the upside, there is a resistance level at 50.16. A further resistance level may holdings at 50.66. The Relative Strength Index (RSI) on the 14-day chart is 35.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.67%. Stochastics %K at 18.99% indicates the stock is a buying.

How much short interest is there in Chipotle Mexican Grill?

A steep rise in short interest was recorded in Chipotle Mexican Grill stocks on 2025-02-28, dropping by -5.09 million shares to a total of 17.59 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 22.68 million shares. There was a decline of -28.95%, which implies that there is a negative sentiment for the stock.

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