BJ’s Restaurants Inc. (NASDAQ:BJRI) VP Lon Ledwith sold 7,500 shares of the company’s stock in a transaction that occurred on Monday, November 21st. The shares were sold at an average price of $38.80, for a total value of $291,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of BJ’s Restaurants Inc. (NASDAQ:BJRI) traded up 0.13% on Wednesday, hitting $39.20. The stock had a trading volume of 44,550 shares. The company has a 50 day moving average price of $36.24 and a 200-day moving average price of $40.46. The stock has a market cap of $911.71 million, a PE ratio of 22.27 and a beta of 0.97. BJ’s Restaurants Inc. has a 12 month low of $32.24 and a 12 month high of $47.55.

BJ’s Restaurants (NASDAQ:BJRI) last issued its earnings results on Wednesday, October 19th. The company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.33 by $0.03. The firm earned $233.70 million during the quarter, compared to the consensus estimate of $239.64 million. BJ’s Restaurants had a return on equity of 13.91% and a net margin of 4.54%. The company’s quarterly revenue was up 1.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.40 EPS. On average, equities research analysts anticipate that BJ’s Restaurants Inc. will post $1.74 earnings per share for the current year.

Insider Buying and Selling by Quarter for BJ`s Restaurants (NASDAQ:BJRI)

A number of hedge funds have recently made changes to their positions in the company. HG Vora Capital Management LLC acquired a new stake in shares of BJ’s Restaurants during the third quarter valued at about $30,218,000. Rice Hall James & Associates LLC purchased a new stake in BJ’s Restaurants during the third quarter worth $15,454,000. Renaissance Technologies LLC raised its stake in BJ’s Restaurants by 402.9% in the first quarter. Renaissance Technologies LLC now owns 476,429 shares of the company’s stock worth $19,805,000 after buying an additional 381,700 shares during the period. GW&K Investment Management LLC raised its stake in BJ’s Restaurants by 241.4% in the second quarter. GW&K Investment Management LLC now owns 304,722 shares of the company’s stock worth $13,356,000 after buying an additional 215,477 shares during the period. Finally, Matarin Capital Management LLC purchased a new stake in BJ’s Restaurants during the third quarter worth $5,737,000. Institutional investors and hedge funds own 89.81% of the company’s stock.

BJRI has been the subject of several recent analyst reports. Zacks Investment Research lowered BJ’s Restaurants from a “hold” rating to a “sell” rating in a report on Monday, October 24th. Stifel Nicolaus lowered BJ’s Restaurants from a “buy” rating to a “sell” rating and cut their price target for the stock from $52.00 to $35.00 in a report on Tuesday, July 26th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $35.00 price target (down from $38.00) on shares of BJ’s Restaurants in a report on Thursday, October 20th. Robert W. Baird reaffirmed a “neutral” rating on shares of BJ’s Restaurants in a report on Thursday, September 8th. Finally, Jefferies Group reaffirmed a “hold” rating and issued a $36.00 price target on shares of BJ’s Restaurants in a report on Thursday, October 20th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and one has given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $36.25.

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BJ’s Restaurants Company Profile

BJ’s Restaurants, Inc owns and operates restaurants. The Company’s restaurants are operated as a BJ’s Restaurant & Brewery, a BJ’s Restaurant & Brewhouse, a BJ’s Pizza & Grill and a BJ’s Grill restaurant. Its menu features deep-dish pizza, craft beers and other beers, as well as a selection of appetizers, entrees, pastas, sandwiches, specialty salads and desserts, including its Pizookie dessert.

5 Day Chart for NASDAQ:BJRI

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