Jack In The Box Inc. (NASDAQ:JACK) CEO Leonard A. Comma sold 45,374 shares of the stock in a transaction on Tuesday, November 29th. The shares were sold at an average price of $104.32, for a total value of $4,733,415.68. Following the completion of the sale, the chief executive officer now directly owns 159,317 shares of the company’s stock, valued at $16,619,949.44. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Jack In The Box Inc. (NASDAQ:JACK) opened at 104.95 on Wednesday. Jack In The Box Inc. has a 52 week low of $61.78 and a 52 week high of $109.40. The firm has a 50-day moving average price of $97.88 and a 200 day moving average price of $92.52. The company has a market cap of $3.39 billion, a P/E ratio of 28.86 and a beta of 0.50.

Jack In The Box (NASDAQ:JACK) last posted its quarterly earnings results on Monday, November 21st. The company reported $1.03 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.88 by $0.15. Jack In The Box had a negative return on equity of 83.17% and a net margin of 7.76%. The firm earned $398.42 million during the quarter, compared to analysts’ expectations of $398.67 million. During the same quarter in the previous year, the business earned $0.62 earnings per share. The company’s revenue was up 12.5% on a year-over-year basis. Analysts expect that Jack In The Box Inc. will post $3.73 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Jack In The Box (NASDAQ:JACK)

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 16th. Stockholders of record on Monday, December 5th will be paid a $0.40 dividend. The ex-dividend date is Thursday, December 1st. This represents a $1.60 annualized dividend and a dividend yield of 1.52%. This is a boost from Jack In The Box’s previous quarterly dividend of $0.30. Jack In The Box’s payout ratio is currently 32.97%.

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Several hedge funds and other institutional investors have recently bought and sold shares of the company. Cortina Asset Management LLC boosted its position in Jack In The Box by 29.8% in the second quarter. Cortina Asset Management LLC now owns 385,056 shares of the company’s stock valued at $33,084,000 after buying an additional 88,383 shares in the last quarter. Adams Diversified Equity Fund Inc. acquired a new position in Jack In The Box during the second quarter valued at $473,000. Kornitzer Capital Management Inc. KS acquired a new position in Jack In The Box during the second quarter valued at $258,000. Falcon Point Capital LLC boosted its position in Jack In The Box by 1.6% in the second quarter. Falcon Point Capital LLC now owns 147,332 shares of the company’s stock valued at $12,659,000 after buying an additional 2,315 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its position in Jack In The Box by 51.6% in the first quarter. Renaissance Technologies LLC now owns 199,300 shares of the company’s stock valued at $12,729,000 after buying an additional 67,800 shares in the last quarter. Hedge funds and other institutional investors own 95.36% of the company’s stock.

A number of equities research analysts recently commented on the company. TheStreet lowered Jack In The Box from a “buy” rating to a “hold” rating in a research report on Monday, November 21st. Wedbush reissued an “outperform” rating and issued a $125.00 price target on shares of Jack In The Box in a research report on Tuesday, November 22nd. Goldman Sachs Group Inc. reissued a “sell” rating and issued a $88.00 price target on shares of Jack In The Box in a research report on Friday, November 25th. Jefferies Group increased their price target on Jack In The Box from $112.00 to $121.00 and gave the company a “buy” rating in a research report on Friday, November 25th. Finally, Oppenheimer Holdings Inc. reissued an “outperform” rating and issued a $115.00 price target (up from $105.00) on shares of Jack In The Box in a research report on Monday, September 26th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and ten have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $102.23.

About Jack In The Box

Jack in the Box Inc is a restaurant company. The Company operates and franchises approximately 2,910 Jack in the Box quick-service restaurants (QSR) and Qdoba Mexican Eats fast-casual restaurants (Qdoba). Its segments are Jack in the Box and Qdoba Restaurant operations. It operates and franchises approximately 2,250 Jack in the Box restaurants, primarily in the western and southern United States, including one in Guam, over 660 Qdoba restaurants across the United States, and approximately four in Canada.

5 Day Chart for NASDAQ:JACK

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