Rep. Jefferson Shreve Sells Off Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Representative Jefferson Shreve (R-Indiana) recently sold shares of Chipotle Mexican Grill, Inc. (NYSE:CMG). In a filing disclosed on April 11th, the Representative disclosed that they had sold between $15,001 and $50,000 in Chipotle Mexican Grill stock on March 13th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Harley-Davidson (NYSE:HOG) on 3/31/2025.
• Purchased $50,001 – $100,000 in shares of Block (NYSE:XYZ) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of DuPont de Nemours (NYSE:DD) on 3/31/2025.
• Purchased $15,001 – $50,000 in shares of United Community Banks (NASDAQ:UCB) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of IDEX (NYSE:IEX) on 3/31/2025.
• Purchased $15,001 – $50,000 in shares of HNI (NYSE:HNI) on 3/31/2025.
• Sold $50,001 – $100,000 in shares of ServiceNow (NYSE:NOW) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Coinbase Global (NASDAQ:COIN) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Constellation Energy (NASDAQ:CEG) on 3/31/2025.
• Sold $50,001 – $100,000 in shares of Simon Property Group (NYSE:SPG) on 3/31/2025.

Chipotle Mexican Grill Stock Down 1.4 %

NYSE CMG opened at $48.75 on Wednesday. The company has a market cap of $66.08 billion, a PE ratio of 43.91, a price-to-earnings-growth ratio of 2.04 and a beta of 1.27. The firm’s 50-day simple moving average is $51.45 and its two-hundred day simple moving average is $56.77. Chipotle Mexican Grill, Inc. has a 52 week low of $44.46 and a 52 week high of $69.26.

Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings data on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.01. Chipotle Mexican Grill had a net margin of 13.56% and a return on equity of 42.92%. As a group, equities research analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current year.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Oppenheimer increased their price objective on Chipotle Mexican Grill from $65.00 to $69.00 and gave the stock an “outperform” rating in a report on Tuesday, January 7th. Piper Sandler reduced their price objective on shares of Chipotle Mexican Grill from $60.00 to $59.00 and set a “neutral” rating for the company in a research note on Wednesday, February 5th. Barclays reduced their price target on shares of Chipotle Mexican Grill from $63.00 to $60.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 5th. Morgan Stanley raised Chipotle Mexican Grill from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $65.00 to $70.00 in a research note on Monday, March 3rd. Finally, JPMorgan Chase & Co. lowered their price target on Chipotle Mexican Grill from $64.00 to $58.00 and set a “neutral” rating on the stock in a report on Thursday, March 20th. Eight equities research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $65.60.

Institutional Investors Weigh In On Chipotle Mexican Grill

Institutional investors and hedge funds have recently modified their holdings of the stock. Net Worth Advisory Group lifted its holdings in Chipotle Mexican Grill by 6.5% in the first quarter. Net Worth Advisory Group now owns 11,301 shares of the restaurant operator’s stock worth $567,000 after buying an additional 689 shares during the period. Fifth Third Bancorp lifted its stake in shares of Chipotle Mexican Grill by 8.2% in the 1st quarter. Fifth Third Bancorp now owns 763,005 shares of the restaurant operator’s stock valued at $38,310,000 after purchasing an additional 57,743 shares during the period. CX Institutional boosted its position in shares of Chipotle Mexican Grill by 9.3% during the first quarter. CX Institutional now owns 8,037 shares of the restaurant operator’s stock valued at $404,000 after purchasing an additional 685 shares in the last quarter. Assenagon Asset Management S.A. raised its holdings in Chipotle Mexican Grill by 8.0% in the first quarter. Assenagon Asset Management S.A. now owns 3,965,649 shares of the restaurant operator’s stock worth $199,115,000 after purchasing an additional 292,774 shares in the last quarter. Finally, Sarasin & Partners LLP lifted its position in Chipotle Mexican Grill by 1,016.6% during the first quarter. Sarasin & Partners LLP now owns 2,482,333 shares of the restaurant operator’s stock valued at $124,638,000 after buying an additional 2,260,016 shares during the period. 91.31% of the stock is owned by hedge funds and other institutional investors.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

About Chipotle Mexican Grill

Chipotle Mexican Grill, Inc, together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. It sells food and beverages through offering burritos, burrito bowls, quesadillas, tacos, and salads. The company also provides delivery and related services its app and website. It has operations in the United States, Canada, France, Germany, and the United Kingdom.