BJ’s Restaurants, Inc. (NASDAQ:BJRI) Director Patrick Walsh sold 120,000 shares of the stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $35.43, for a total transaction of $4,251,600.00. Following the transaction, the director now directly owns 19,844 shares in the company, valued at approximately $703,072.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Patrick Walsh also recently made the following trade(s):

  • On Friday, November 10th, Patrick Walsh sold 10,000 shares of BJ’s Restaurants stock. The stock was sold at an average price of $31.00, for a total transaction of $310,000.00.
  • On Wednesday, November 1st, Patrick Walsh sold 37,764 shares of BJ’s Restaurants stock. The stock was sold at an average price of $31.59, for a total transaction of $1,192,964.76.

BJ’s Restaurants, Inc. (NASDAQ:BJRI) opened at $37.25 on Tuesday. BJ’s Restaurants, Inc. has a one year low of $28.00 and a one year high of $47.55. The company has a quick ratio of 0.46, a current ratio of 0.56 and a debt-to-equity ratio of 0.79. The company has a market cap of $733.52, a price-to-earnings ratio of 22.08, a PEG ratio of 1.68 and a beta of 0.97.

BJ’s Restaurants (NASDAQ:BJRI) last issued its earnings results on Thursday, October 26th. The restaurant operator reported $0.15 EPS for the quarter, missing the Zacks’ consensus estimate of $0.24 by ($0.09). BJ’s Restaurants had a net margin of 3.30% and a return on equity of 13.85%. The business had revenue of $247.00 million during the quarter, compared to analysts’ expectations of $248.73 million. During the same period in the prior year, the business posted $0.30 EPS. The business’s revenue was up 5.7% on a year-over-year basis. sell-side analysts forecast that BJ’s Restaurants, Inc. will post 1.39 earnings per share for the current year.

The firm also recently announced a special dividend, which was paid on Monday, December 4th. Stockholders of record on Monday, November 13th were paid a $0.11 dividend. The ex-dividend date of this dividend was Friday, November 10th. BJ’s Restaurants’s dividend payout ratio is presently 7.24%.

A number of equities analysts have weighed in on BJRI shares. Jefferies Group reaffirmed a “hold” rating and set a $39.00 price target on shares of BJ’s Restaurants in a research note on Thursday, August 31st. Canaccord Genuity cut their price target on shares of BJ’s Restaurants from $42.00 to $38.00 and set a “buy” rating on the stock in a research note on Friday, October 27th. Barclays cut their price target on shares of BJ’s Restaurants from $29.00 to $27.00 and set an “underweight” rating on the stock in a research note on Friday, October 27th. Zacks Investment Research downgraded shares of BJ’s Restaurants from a “hold” rating to a “sell” rating in a research note on Monday, October 30th. Finally, Robert W. Baird reaffirmed a “hold” rating and set a $36.00 price target on shares of BJ’s Restaurants in a research note on Thursday, October 12th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has issued a buy rating to the stock. BJ’s Restaurants currently has a consensus rating of “Hold” and a consensus price target of $36.89.

Several hedge funds have recently modified their holdings of BJRI. UBS Oconnor LLC raised its stake in shares of BJ’s Restaurants by 1,090.8% in the 2nd quarter. UBS Oconnor LLC now owns 330,679 shares of the restaurant operator’s stock valued at $12,318,000 after acquiring an additional 302,910 shares during the period. Ballentine Partners LLC purchased a new position in shares of BJ’s Restaurants in the 2nd quarter valued at $10,703,000. Marshall Wace North America L.P. purchased a new position in shares of BJ’s Restaurants in the 2nd quarter valued at $8,188,000. BlueCrest Capital Management Ltd raised its stake in shares of BJ’s Restaurants by 1,258.4% in the 2nd quarter. BlueCrest Capital Management Ltd now owns 162,623 shares of the restaurant operator’s stock valued at $6,058,000 after acquiring an additional 150,651 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of BJ’s Restaurants by 13.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,075,435 shares of the restaurant operator’s stock valued at $32,746,000 after acquiring an additional 131,078 shares during the period. 92.12% of the stock is currently owned by institutional investors and hedge funds.

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About BJ’s Restaurants

BJ’s Restaurants, Inc owns and operates restaurants. The Company segment includes casual dining company-owned restaurants. Each of its restaurants is operated either as a BJ’s Restaurant & Brewhouse, a BJ’s Restaurant & Brewery, a BJ’s Pizza & Grill or a BJ’s Grill restaurant. The Company’s restaurants offer craft beers and other beers, as well as a selection of appetizers, entrees, pastas, burgers and sandwiches, specialty salads, and desserts, including its warm pizza cookie dessert, the Pizookie.

Insider Buying and Selling by Quarter for BJ`s Restaurants (NASDAQ:BJRI)

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