Monro Muffler Brake Inc. (NASDAQ:MNRO) insider John C. Lamb sold 925 shares of the stock in a transaction dated Wednesday, November 16th. The shares were sold at an average price of $58.17, for a total transaction of $53,807.25. Following the sale, the insider now directly owns 500 shares in the company, valued at $29,085. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Monro Muffler Brake Inc. (NASDAQ:MNRO) opened at 57.00 on Monday. The stock has a 50 day moving average of $57.51 and a 200 day moving average of $60.97. The company has a market cap of $1.84 billion, a PE ratio of 30.05 and a beta of 0.83. 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 announced its 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 the consensus estimate of $249.32 million. Monro Muffler Brake had a return on equity of 11.98% and a net margin of 6.65%. The business’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.57 earnings per share. Equities research 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)

A number of analysts have recently issued reports on MNRO shares. Zacks Investment Research downgraded shares of Monro Muffler Brake from a “hold” rating to a “sell” rating in a report on Thursday, September 29th. Gabelli started coverage on shares of Monro Muffler Brake in a report on Thursday, August 25th. They set a “hold” rating on the stock. Susquehanna started coverage on shares of Monro Muffler Brake in a report on Thursday, August 25th. They set a “positive” rating and a $66.00 price target on the stock. Northcoast Research raised shares of Monro Muffler Brake from a “sell” rating to a “neutral” rating in a report on Thursday, October 27th. Finally, Jefferies Group reaffirmed a “buy” rating and set a $72.00 price target on shares of Monro Muffler Brake in a report on Friday, July 29th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company. Monro Muffler Brake currently has an average rating of “Hold” and an average price target of $73.67.

A number of institutional investors have recently made changes to their positions in the company. D.A. Davidson & CO. increased its position in shares of Monro Muffler Brake by 5.4% in the third quarter. D.A. Davidson & CO. now owns 1,790 shares of the company’s stock worth $109,000 after buying an additional 92 shares in the last quarter. Victory Capital Management Inc. increased its position in shares of Monro Muffler Brake by 28.8% in the third quarter. Victory Capital Management Inc. now owns 1,985 shares of the company’s stock worth $121,000 after buying an additional 444 shares in the last quarter. Tower Research Capital LLC TRC increased its position in shares of Monro Muffler Brake by 1,026.0% in the second quarter. Tower Research Capital LLC TRC now owns 2,252 shares of the company’s stock worth $143,000 after buying an additional 2,052 shares in the last quarter. Sei Investments Co. increased its position in shares of Monro Muffler Brake by 518.5% in the second quarter. Sei Investments Co. now owns 2,468 shares of the company’s stock worth $158,000 after buying an additional 2,069 shares in the last quarter. Finally, Fifth Third Bancorp purchased a new position in shares of Monro Muffler Brake during the second quarter worth approximately $165,000.

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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