Papa John’s International Inc. (NASDAQ:PZZA) CEO John H. Schnatter sold 86,363 shares of the firm’s stock in a transaction dated Wednesday, October 5th. The shares were sold at an average price of $76.92, for a total value of $6,643,041.96. Following the completion of the transaction, the chief executive officer now owns 9,712,005 shares of the company’s stock, valued at approximately $747,047,424.60. The sale was disclosed in a document filed with the SEC, which is available through this link.

Shares of Papa John’s International Inc. (NASDAQ:PZZA) opened at 75.85 on Monday. The firm has a market capitalization of $2.81 billion, a P/E ratio of 32.18 and a beta of 0.23. The firm’s 50-day moving average is $77.08 and its 200 day moving average is $67.48. Papa John’s International Inc. has a 12 month low of $44.47 and a 12 month high of $82.55.

Papa John’s International (NASDAQ:PZZA) last posted its earnings results on Tuesday, August 2nd. The company reported $0.61 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.54 by $0.07. Papa John’s International had a net margin of 5.52% and a return on equity of 454.11%. The company had revenue of $423 million for the quarter, compared to analyst estimates of $414.45 million. During the same quarter in the prior year, the business posted $0.27 EPS. The firm’s revenue was up 6.0% compared to the same quarter last year. On average, equities research analysts anticipate that Papa John’s International Inc. will post $2.45 EPS for the current year.

Insider Buying and Selling by Quarter for Papa John`s International (NASDAQ:PZZA)

Several large investors have recently bought and sold shares of the company. HBK Investments L P raised its stake in Papa John’s International by 117.4% in the first quarter. HBK Investments L P now owns 40,008 shares of the company’s stock worth $2,168,000 after buying an additional 21,608 shares in the last quarter. Wellington Management Group LLP increased its stake in shares of Papa John’s International by 370.5% in the first quarter. Wellington Management Group LLP now owns 1,270,817 shares of the company’s stock worth $68,866,000 after buying an additional 1,000,709 shares during the last quarter. State Street Corp increased its stake in shares of Papa John’s International by 0.9% in the first quarter. State Street Corp now owns 554,515 shares of the company’s stock worth $30,049,000 after buying an additional 5,055 shares during the last quarter. Credit Agricole S A increased its stake in shares of Papa John’s International by 900.0% in the first quarter. Credit Agricole S A now owns 103,000 shares of the company’s stock worth $5,581,000 after buying an additional 92,700 shares during the last quarter. Finally, Motley Fool Wealth Management LLC increased its stake in shares of Papa John’s International by 1.6% in the first quarter. Motley Fool Wealth Management LLC now owns 76,736 shares of the company’s stock worth $4,158,000 after buying an additional 1,198 shares during the last quarter. Institutional investors own 75.19% of the company’s stock.

A number of research firms recently commented on PZZA. Zacks Investment Research cut Papa John’s International from a “buy” rating to a “hold” rating in a report on Tuesday, October 4th. TheStreet upgraded Papa John’s International from a “hold” rating to a “buy” rating in a report on Wednesday, August 31st. Jefferies Group reiterated a “hold” rating on shares of Papa John’s International in a report on Thursday, August 4th. BTIG Research set a $78.00 price target on Papa John’s International and gave the stock a “buy” rating in a report on Wednesday, August 3rd. Finally, KeyCorp upgraded Papa John’s International from a “sector weight” rating to an “overweight” rating and set a $80.00 price target for the company in a report on Wednesday, July 20th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $70.50.

Papa John’s International Company Profile

Papa John’s International, Inc operates and franchises pizza delivery and carryout restaurants. The Company operates restaurants under the trademark Papa John’s. It operates in five segments: domestic Company-owned restaurants, domestic commissaries, North America franchising, international operations, and all other business units.

5 Day Chart for NASDAQ:PZZA

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