Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Red Robin Gourmet Burgers Inc shares valued at $43,339 were sold by Hart Gerard Johan on Mar 21 ’25. At $4.16 per share, Hart Gerard Johan sold 10,418 shares. The insider’s holdings dropped to 564,852 shares worth approximately $3.67 million following the completion of this transaction.
Also, Hart Gerard Johan sold 8,627 shares, netting a total of over 35,888 in proceeds. Following the sale of shares at $4.16 each, the insider now holds 556,225 shares.
Before that, Mussetter Sarah A. had sold 1,108 shares from its account. In a trade valued at $4,609, the CHIEF LEGAL OFFICER traded Red Robin Gourmet Burgers Inc shares for $4.16 each. Upon closing the transaction, the insider’s holdings decreased to 1,108 shares, worth approximately $0.37 million.
As published in a research note from CL King on February 27, 2025, Red Robin Gourmet Burgers Inc [RRGB] has been rated up from a Neutral to a Buy and the price target has been revised to $10. Analysts at Lake Street resumed the stock at ‘”a Buy”‘ outlook in a report released in late August. As of April 30, 2024, Lake Street has initiated its “Buy” rating for RRGB. Earlier on April 25, 2024, Craig Hallum initiated its rating. Their recommendation was “a Buy” for RRGB stock.
Analyzing RRGB Stock Performance
During the last five days, there has been a surge of approximately 94.61%. Over the course of the year, Red Robin Gourmet Burgers Inc shares have jumped approximately 18.40%. Shares of the company reached a 52-week high of $6.95 on 06/04/25 and a 52-week low of $2.50 on 04/25/25.
Support And Resistance Levels for Red Robin Gourmet Burgers Inc (RRGB)
According to the 24-hour chart, there is a support level at 5.98, which, if violated, would cause prices to drop to 5.47. In the upper region, resistance lies at 6.98. The next price resistance is at 7.47. RSI (Relative Strength Index) is 85.49 on the 14-day chart, showing overbought technical sentiment.
