Monro Muffler Brake Inc. (NASDAQ:MNRO) Director Peter J. Solomon sold 50,000 shares of the stock in a transaction that occurred on Thursday, November 17th. The stock was sold at an average price of $58.76, for a total transaction of $2,938,000.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

  • On Monday, November 14th, Peter J. Solomon sold 55,000 shares of Monro Muffler Brake stock. The stock was sold at an average price of $57.20, for a total transaction of $3,146,000.00.
  • On Monday, October 31st, Peter J. Solomon sold 10,000 shares of Monro Muffler Brake stock. The stock was sold at an average price of $55.21, for a total transaction of $552,100.00.

Monro Muffler Brake Inc. (NASDAQ:MNRO) opened at 57.00 on Monday. The stock has a market capitalization of $1.84 billion, a PE ratio of 30.05 and a beta of 0.83. Monro Muffler Brake Inc. has a 1-year low of $52.05 and a 1-year high of $77.00. The stock’s 50 day moving average price is $57.51 and its 200 day moving average price is $60.97.

Monro Muffler Brake (NASDAQ:MNRO) last announced its quarterly earnings data on Thursday, October 20th. The company reported $0.53 EPS for the quarter, missing the Zacks’ consensus estimate of $0.56 by $0.03. Monro Muffler Brake had a return on equity of 11.98% and a net margin of 6.65%. The business had revenue of $248.60 million for the quarter, compared to analyst estimates of $249.32 million. During the same quarter in the previous year, the business posted $0.57 earnings per share. The company’s revenue was up 3.9% compared to the same quarter last year. Equities research analysts forecast that Monro Muffler Brake Inc. will post $2.08 earnings per share for the current year.

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

A number of large investors have recently made changes to their positions in MNRO. BlackRock Inc. raised its stake in shares of Monro Muffler Brake by 142.1% in the first quarter. BlackRock Inc. now owns 2,365 shares of the company’s stock worth $169,000 after buying an additional 1,388 shares during the last quarter. State Street Corp raised its stake in shares of Monro Muffler Brake by 0.3% in the first quarter. State Street Corp now owns 731,624 shares of the company’s stock worth $52,283,000 after buying an additional 2,458 shares during the last quarter. UBS Group AG raised its stake in shares of Monro Muffler Brake by 8.9% in the first quarter. UBS Group AG now owns 7,863 shares of the company’s stock worth $562,000 after buying an additional 641 shares during the last quarter. Geode Capital Management LLC increased its stake in Monro Muffler Brake by 4.4% in the first quarter. Geode Capital Management LLC now owns 223,407 shares of the company’s stock worth $15,966,000 after buying an additional 9,361 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in Monro Muffler Brake by 5.0% in the first quarter. Envestnet Asset Management Inc. now owns 25,053 shares of the company’s stock worth $1,791,000 after buying an additional 1,188 shares during the period.

A number of research firms recently issued reports on MNRO. Jefferies Group reissued a “buy” rating and set a $72.00 target price on shares of Monro Muffler Brake in a research report on Friday, July 29th. Zacks Investment Research upgraded Monro Muffler Brake from a “sell” rating to a “hold” rating in a report on Wednesday, October 5th. Northcoast Research upgraded Monro Muffler Brake from a “sell” rating to a “neutral” rating in a report on Thursday, October 27th. Susquehanna began coverage on Monro Muffler Brake in a report on Thursday, August 25th. They issued a “positive” rating and a $66.00 price target for the company. Finally, Gabelli began coverage on Monro Muffler Brake in a report on Thursday, August 25th. They issued a “hold” rating for the company. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average 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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