Monro Muffler Brake Inc. (NASDAQ:MNRO) Director Peter J. Solomon sold 5,000 shares of Monro Muffler Brake stock in a transaction dated Wednesday, November 23rd. The shares were sold at an average price of $59.05, for a total transaction of $295,250.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

  • On Tuesday, November 22nd, Peter J. Solomon sold 35,000 shares of Monro Muffler Brake stock. The shares were sold at an average price of $57.68, for a total transaction of $2,018,800.00.
  • On Thursday, November 17th, Peter J. Solomon sold 50,000 shares of Monro Muffler Brake stock. The shares were sold at an average price of $58.76, for a total transaction of $2,938,000.00.
  • On Monday, November 14th, Peter J. Solomon sold 55,000 shares of Monro Muffler Brake stock. The shares were 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 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 58.60 on Tuesday. The firm has a 50-day moving average of $57.16 and a 200 day moving average of $60.36. Monro Muffler Brake Inc. has a 52 week low of $52.05 and a 52 week high of $77.00. The firm has a market cap of $1.89 billion, a PE ratio of 30.89 and a beta of 0.83.

Monro Muffler Brake (NASDAQ:MNRO) last released its quarterly earnings data on Thursday, October 20th. The company reported $0.53 earnings per share for the quarter, missing the Thomson Reuters’ 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 company posted $0.57 EPS. The business’s quarterly revenue was up 3.9% on a year-over-year basis. 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)

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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. D.A. Davidson & CO. raised its stake in Monro Muffler Brake by 5.4% in the third quarter. D.A. Davidson & CO. now owns 1,790 shares of the company’s stock valued at $109,000 after buying an additional 92 shares during the last quarter. Victory Capital Management Inc. raised its stake in Monro Muffler Brake by 28.8% in the third quarter. Victory Capital Management Inc. now owns 1,985 shares of the company’s stock valued at $121,000 after buying an additional 444 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in 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 valued at $143,000 after buying an additional 2,052 shares during the last quarter. Sei Investments Co. raised its stake in Monro Muffler Brake by 518.5% in the second quarter. Sei Investments Co. now owns 2,468 shares of the company’s stock valued at $158,000 after buying an additional 2,069 shares during the last quarter. Finally, Fifth Third Bancorp purchased a new stake in Monro Muffler Brake during the second quarter valued at about $165,000.

A number of research analysts have recently commented on the stock. Zacks Investment Research raised shares of Monro Muffler Brake from a “sell” rating to a “hold” rating in a research report on Wednesday, October 5th. Northcoast Research upgraded shares of Monro Muffler Brake from a “sell” rating to a “neutral” rating in a research note on Thursday, October 27th. 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 target price for the company. Finally, Gabelli initiated coverage on shares of Monro Muffler Brake in a research note on Thursday, August 25th. They set a “hold” rating for the company. One research 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. The stock currently has a consensus rating of “Hold” and a consensus target price of $73.67.

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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