Monro Muffler Brake Inc. (NASDAQ:MNRO) Director Peter J. Solomon sold 55,000 shares of the business’s stock in a transaction on Monday, November 14th. The shares were sold at an average price of $57.20, for a total transaction of $3,146,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Peter J. Solomon also recently made the following trade(s):

  • On Monday, October 31st, Peter J. Solomon sold 10,000 shares of Monro Muffler Brake stock. The shares were sold at an average price of $55.21, for a total transaction of $552,100.00.

Shares of Monro Muffler Brake Inc. (NASDAQ:MNRO) opened at 58.05 on Thursday. The company has a market capitalization of $1.88 billion, a P/E ratio of 30.60 and a beta of 0.83. The stock’s 50 day moving average is $57.69 and its 200 day moving average is $61.06. Monro Muffler Brake Inc. has a 52-week low of $52.05 and a 52-week high of $77.00.

Monro Muffler Brake (NASDAQ:MNRO) last released its earnings results on Thursday, October 20th. The company reported $0.53 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.56 by $0.03. Monro Muffler Brake had a net margin of 6.65% and a return on equity of 11.98%. The business had revenue of $248.60 million for the quarter, compared to the consensus estimate of $249.32 million. During the same period in the prior year, the business posted $0.57 EPS. Monro Muffler Brake’s revenue for the quarter was up 3.9% on a year-over-year basis. Equities analysts expect that Monro Muffler Brake Inc. will post $2.08 EPS for the current year.

Insider Buying and Selling by Quarter for Monro Muffler Brake (NASDAQ:MNRO)

Several equities analysts recently issued reports on the stock. Jefferies Group restated a “buy” rating and issued a $72.00 target price on shares of Monro Muffler Brake in a report on Friday, July 29th. Zacks Investment Research upgraded shares of Monro Muffler Brake from a “sell” rating to a “hold” rating in a report on Wednesday, October 5th. Northcoast Research raised shares of Monro Muffler Brake from a “sell” rating to a “neutral” rating in a research note on Thursday, October 27th. Susquehanna assumed coverage on shares of Monro Muffler Brake in a research note on Thursday, August 25th. They issued a “positive” rating and a $66.00 price target for the company. Finally, Gabelli assumed coverage on shares of Monro Muffler Brake in a research note on Thursday, August 25th. They issued a “hold” rating for the company. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $73.67.

Several institutional investors have recently added to or reduced their stakes in the stock. Eagle Asset Management Inc. raised its position in Monro Muffler Brake by 3.4% in the second quarter. Eagle Asset Management Inc. now owns 76,164 shares of the company’s stock valued at $4,840,000 after buying an additional 2,530 shares in the last quarter. Capital Analysts LLC purchased a new stake in shares of Monro Muffler Brake during the second quarter valued at $206,000. Nisa Investment Advisors LLC boosted its stake in shares of Monro Muffler Brake by 4.8% in the second quarter. Nisa Investment Advisors LLC now owns 4,400 shares of the company’s stock valued at $280,000 after buying an additional 200 shares during the last quarter. Capstone Asset Management Co. boosted its stake in shares of Monro Muffler Brake by 7.3% in the second quarter. Capstone Asset Management Co. now owns 11,849 shares of the company’s stock valued at $753,000 after buying an additional 810 shares during the last quarter. Finally, BNP Paribas Arbitrage SA boosted its stake in shares of Monro Muffler Brake by 109.6% in the second quarter. BNP Paribas Arbitrage SA now owns 10,061 shares of the company’s stock valued at $639,000 after buying an additional 5,262 shares during the last quarter.

Monro Muffler Brake Company Profile

Monro Muffler Brake, Inc is engaged in the provision of automotive undercar repair and tire services in the United States. The Company provides a range of services on passenger cars, light trucks and vans for brakes; mufflers and exhaust systems, and steering, drive train, suspension and wheel alignment.

5 Day Chart for NASDAQ:MNRO

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