Texas Roadhouse Inc (NASDAQ:TXRH) General Counsel Celia Catlett sold 6,337 shares of the company’s stock in a transaction on Monday, January 8th. The shares were sold at an average price of $56.11, for a total value of $355,569.07. Following the transaction, the general counsel now directly owns 26,337 shares in the company, valued at $1,477,769.07. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Celia Catlett also recently made the following trade(s):
- On Monday, November 13th, Celia Catlett sold 3,663 shares of Texas Roadhouse stock. The shares were sold at an average price of $49.34, for a total value of $180,732.42.
Texas Roadhouse Inc (NASDAQ TXRH) traded down $1.37 on Friday, hitting $57.61. The stock had a trading volume of 661,672 shares, compared to its average volume of 564,798. The company has a market cap of $4,193.83, a P/E ratio of 33.30, a PEG ratio of 2.04 and a beta of 0.59. Texas Roadhouse Inc has a 52 week low of $40.28 and a 52 week high of $60.43. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.63 and a current ratio of 0.69.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. YorkBridge Wealth Partners LLC boosted its stake in shares of Texas Roadhouse by 4.2% during the 2nd quarter. YorkBridge Wealth Partners LLC now owns 2,159 shares of the restaurant operator’s stock worth $110,000 after acquiring an additional 87 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Texas Roadhouse by 11.0% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,612 shares of the restaurant operator’s stock worth $133,000 after acquiring an additional 258 shares in the last quarter. Amalgamated Bank boosted its stake in shares of Texas Roadhouse by 5.6% during the 2nd quarter. Amalgamated Bank now owns 9,580 shares of the restaurant operator’s stock worth $488,000 after acquiring an additional 507 shares in the last quarter. Victory Capital Management Inc. boosted its stake in shares of Texas Roadhouse by 12.8% during the 2nd quarter. Victory Capital Management Inc. now owns 4,704 shares of the restaurant operator’s stock worth $240,000 after acquiring an additional 534 shares in the last quarter. Finally, HighTower Advisors LLC boosted its stake in Texas Roadhouse by 5.8% during the 2nd quarter. HighTower Advisors LLC now owns 9,919 shares of the restaurant operator’s stock valued at $503,000 after purchasing an additional 542 shares during the period. Institutional investors own 85.78% of the company’s stock.
Several research firms recently weighed in on TXRH. Zacks Investment Research raised Texas Roadhouse from a “hold” rating to a “buy” rating and set a $67.00 price target on the stock in a research report on Wednesday. Barclays upped their price target on Texas Roadhouse from $62.00 to $63.00 and gave the company an “overweight” rating in a research report on Wednesday, January 24th. Maxim Group restated a “buy” rating and issued a $65.00 target price (up previously from $60.00) on shares of Texas Roadhouse in a research note on Wednesday, January 24th. Credit Suisse Group upgraded Texas Roadhouse from a “neutral” rating to an “outperform” rating and set a $65.00 target price on the stock in a research note on Tuesday, January 23rd. Finally, BTIG Research boosted their target price on Texas Roadhouse to $67.00 and gave the company a “reduce” rating in a research note on Tuesday, January 16th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and ten have issued a buy rating to the company. Texas Roadhouse has an average rating of “Hold” and an average target price of $55.45.
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About Texas Roadhouse
Texas Roadhouse, Inc is a restaurant company, which operates in the casual dining segment. The Company offers an assortment of seasoned and aged steaks, all cooked over open grills and all but one hand cut daily on the premises. Its restaurants offer a range of menu items at prices that are designed to appeal to a range of consumer tastes.
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