Capital Fund Management S.A. Has $10.91 Million Stake in Jack in the Box Inc. (JACK)
Capital Fund Management S.A. increased its stake in shares of Jack in the Box Inc. (NASDAQ:JACK) by 26.2% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 130,093 shares of the restaurant operator’s stock after acquiring an additional 27,013 shares during the period. Capital Fund Management S.A. owned 0.48% of Jack in the Box worth $10,906,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently modified their holdings of JACK. Ancora Advisors LLC bought a new stake in shares of Jack in the Box in the 3rd quarter worth approximately $110,000. Tower Research Capital LLC TRC lifted its position in shares of Jack in the Box by 267.4% in the 3rd quarter. Tower Research Capital LLC TRC now owns 1,543 shares of the restaurant operator’s stock worth $129,000 after acquiring an additional 1,123 shares during the period. Signition LP bought a new position in shares of Jack in the Box during the 3rd quarter worth approximately $205,000. NumerixS Investment Technologies Inc bought a new position in shares of Jack in the Box during the 2nd quarter worth approximately $242,000. Finally, Stevens Capital Management LP bought a new position in shares of Jack in the Box during the 2nd quarter worth approximately $284,000. 95.90% of the stock is currently owned by institutional investors and hedge funds.
In related news, Director David Goebel sold 1,849 shares of the firm’s stock in a transaction on Monday, September 24th. The stock was sold at an average price of $83.58, for a total transaction of $154,539.42. Following the completion of the sale, the director now directly owns 18,396 shares of the company’s stock, valued at approximately $1,537,537.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 2.60% of the company’s stock.
JACK stock traded down $0.86 during midday trading on Thursday, reaching $79.33. 1,541 shares of the company’s stock traded hands, compared to its average volume of 646,584. Jack in the Box Inc. has a 1-year low of $75.09 and a 1-year high of $108.55. The stock has a market capitalization of $2.20 billion, a price-to-earnings ratio of 20.29, a P/E/G ratio of 1.37 and a beta of 0.52.
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About Jack in the Box
Jack in the Box Inc operates and franchises Jack in the Box quick-service restaurants. As of April 15, 2018, it operated and franchised 2,245 Jack in the Box restaurants primarily in the western and southern United States and Guam. The company was founded in 1951 and is headquartered in San Diego, California.
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