Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) Director Andrea Weiss sold 2,000 shares of the company’s stock in a transaction dated Friday, September 15th. The stock was sold at an average price of $153.39, for a total transaction of $306,780.00. Following the completion of the sale, the director now directly owns 11,758 shares of the company’s stock, valued at $1,803,559.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of Cracker Barrel Old Country Store, Inc. (NASDAQ CBRL) opened at 147.08 on Tuesday. Cracker Barrel Old Country Store, Inc. has a 52-week low of $130.15 and a 52-week high of $175.04. The firm’s 50 day moving average is $150.01 and its 200 day moving average is $158.69. The stock has a market capitalization of $3.54 billion, a price-to-earnings ratio of 17.83 and a beta of 0.52.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last posted its earnings results on Wednesday, September 13th. The restaurant operator reported $2.23 earnings per share for the quarter, topping the consensus estimate of $2.18 by $0.05. The firm had revenue of $743.20 million during the quarter, compared to analysts’ expectations of $746.72 million. Cracker Barrel Old Country Store had a return on equity of 35.49% and a net margin of 6.90%. The firm’s revenue was down .3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.12 earnings per share. Equities analysts expect that Cracker Barrel Old Country Store, Inc. will post $8.81 earnings per share for the current year.

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A number of hedge funds and other institutional investors have recently modified their holdings of CBRL. Acrospire Investment Management LLC acquired a new position in shares of Cracker Barrel Old Country Store in the second quarter valued at approximately $100,000. Bruderman Asset Management LLC acquired a new position in Cracker Barrel Old Country Store during the second quarter worth $111,000. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Cracker Barrel Old Country Store by 9.0% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 738 shares of the restaurant operator’s stock worth $123,000 after acquiring an additional 61 shares during the period. San Francisco Sentry Investment Group CA acquired a new position in Cracker Barrel Old Country Store during the second quarter worth $127,000. Finally, Neuburgh Advisers LLC grew its holdings in Cracker Barrel Old Country Store by 14.0% during the first quarter. Neuburgh Advisers LLC now owns 784 shares of the restaurant operator’s stock worth $125,000 after acquiring an additional 96 shares during the period. Institutional investors own 85.80% of the company’s stock.

A number of analysts recently weighed in on the stock. BidaskClub raised shares of Cracker Barrel Old Country Store from a “hold” rating to a “buy” rating in a research note on Friday, June 30th. Instinet assumed coverage on shares of Cracker Barrel Old Country Store in a research note on Wednesday, July 12th. They issued a “neutral” rating and a $162.00 price objective for the company. Nomura assumed coverage on shares of Cracker Barrel Old Country Store in a research note on Wednesday, July 12th. They issued a “neutral” rating and a $162.00 price objective for the company. Zacks Investment Research raised shares of Cracker Barrel Old Country Store from a “hold” rating to a “buy” rating and set a $181.00 price objective for the company in a research note on Wednesday, July 12th. Finally, Wells Fargo & Company reaffirmed a “market perform” rating and issued a $156.00 price objective (down from $157.50) on shares of Cracker Barrel Old Country Store in a research note on Thursday, May 25th. Three investment analysts have rated the stock with a sell rating and seven have issued a hold rating to the stock. Cracker Barrel Old Country Store currently has an average rating of “Hold” and a consensus price target of $163.22.

About Cracker Barrel Old Country Store

Cracker Barrel Old Country Store, Inc is engaged in the operation and development of the Cracker Barrel Old Country Store concept (Cracker Barrel). The Company’s segments include Restaurant and Retail. As of September 19, 2016, the Company operated 640 Cracker Barrel stores in 43 states. The format of its stores consists of a rustic old country-store design offering a restaurant menu that features home-style country food and a range of decorative and functional items, such as rocking chairs, holiday and seasonal gifts and toys, apparel, cookware and foods.

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