Chipotle Mexican Grill (CMG) has been a subject of interest for market players with fluctuating stock prices. The company's stock periodically moved above and below the general market trend. The fast-food chain has made operational changes such as reintroducing Smoked Brisket in U.S. and Canada. There have also been multiple insider sales with Director Robin Hickenlooper offloading shares. Analysts opinions vary with some believing in its strong growth chances while others advising to buy other stocks like Dutch Bros. There has also been substantial options activity. Institutional investors like WINTON Group and Scholtz & Company have CMG as one of their largest holdings. Lansing Street Advisors have recently acquired additional cmg shares. As for the future, Chipotle announced the retirement of CFO Jack Hartung in 2025 and appointed Adam Rymer as the new CFO. Reports hint strong institutional backing of the company with 88% ownership. Furthermore, Chipotle shareholders have approved a 50-for-1 stock split. Lastly, the company has planned to announce third-quarter 2024 results on October 29, 2024.
Chipotle Mexican Grill CMG News Analytics from Tue, 19 Mar 2024 07:00:00 GMT to Sun, 15 Sep 2024 09:35:22 GMT -
Rating 5
- Innovation -3
- Information 8
- Rumor 1
