Monro Muffler Brake Inc. (NASDAQ:MNRO) CEO Amico Catherine D sold 9,050 shares of the firm’s stock in a transaction that occurred on Friday, November 18th. The shares were sold at an average price of $58.03, for a total transaction of $525,171.50. Following the completion of the sale, the chief executive officer now owns 189,523 shares in the company, valued at approximately $10,998,019.69. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Monro Muffler Brake Inc. (NASDAQ:MNRO) traded down 1.64% on Friday, reaching $57.00. 581,090 shares of the company’s stock traded hands. Monro Muffler Brake Inc. has a 52-week low of $52.05 and a 52-week high of $77.00. The firm’s 50 day moving average price is $57.59 and its 200 day moving average price is $61.04. The firm has a market capitalization of $1.90 billion, a PE ratio of 30.10 and a beta of 0.83.

Monro Muffler Brake (NASDAQ:MNRO) last released its quarterly earnings results on Thursday, October 20th. The company reported $0.53 EPS for the quarter, missing the Zacks’ consensus estimate of $0.56 by $0.03. The firm earned $248.60 million during the quarter, compared to analyst estimates of $249.32 million. Monro Muffler Brake had a net margin of 6.65% and a return on equity of 11.98%. Monro Muffler Brake’s quarterly revenue was up 3.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.57 earnings per share. On average, analysts predict that Monro Muffler Brake Inc. will post $2.08 EPS for the current fiscal year.

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

Institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of Monro Muffler Brake by 2.6% in the second quarter. Vanguard Group Inc. now owns 2,690,825 shares of the company’s stock worth $171,030,000 after buying an additional 67,609 shares during the last quarter. BlackRock Fund Advisors raised its position in shares of Monro Muffler Brake by 7.8% in the third quarter. BlackRock Fund Advisors now owns 2,172,140 shares of the company’s stock worth $132,870,000 after buying an additional 156,511 shares during the last quarter. TimesSquare Capital Management LLC raised its position in shares of Monro Muffler Brake by 27.4% in the third quarter. TimesSquare Capital Management LLC now owns 1,651,384 shares of the company’s stock worth $101,015,000 after buying an additional 355,570 shares during the last quarter. Neuberger Berman Group LLC raised its position in shares of Monro Muffler Brake by 19.1% in the second quarter. Neuberger Berman Group LLC now owns 1,007,111 shares of the company’s stock worth $64,012,000 after buying an additional 161,193 shares during the last quarter. Finally, BlackRock Institutional Trust Company N.A. raised its position in shares of Monro Muffler Brake by 4.4% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 811,349 shares of the company’s stock worth $49,630,000 after buying an additional 34,329 shares during the last quarter.

Several brokerages have commented on MNRO. Northcoast Research upgraded shares of Monro Muffler Brake from a “sell” rating to a “neutral” rating in a research note on Thursday, October 27th. Zacks Investment Research lowered shares of Monro Muffler Brake from a “hold” rating to a “sell” rating in a research note on Friday, October 21st. Susquehanna initiated coverage on shares of Monro Muffler Brake in a research note on Thursday, August 25th. They set a “positive” rating and a $66.00 price objective on the stock. Gabelli initiated coverage on shares of Monro Muffler Brake in a research note on Thursday, August 25th. They set a “hold” rating on the stock. Finally, Jefferies Group reiterated a “buy” rating and set a $72.00 price objective on shares of Monro Muffler Brake in a research note on Friday, July 29th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $73.67.

About Monro Muffler Brake

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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