Jack In The Box Inc /new/ (JACK) Files Form 4 Insider Selling : Raymond Pepper Sells 962 Shares

Jack In The Box Inc /new/ (JACK): Raymond Pepper , VP – GENERAL COUNSEL of Jack In The Box Inc /new/ sold 962 shares on Jun 3, 2016. The Insider selling transaction was reported by the company on Jun 3, 2016 to the Securities and Exchange Commission. The shares were sold at $85.97 per share for a total value of $82,701.41 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 27, 2016, Paul D Melancon (SVP – FIN/CONTROLLER/TREASURER) sold 4,187 shares at $84.21 per share price.On May 13, 2016, Timothy P Casey (QDOBA BRAND PRESIDENT) sold 4,812 shares at $72.00 per share price.Also, On Dec 4, 2015, Keith M Guilbault (SVP – CHIEF MARKETING OFFICER) sold 2,197 shares at $78.08 per share price.On Nov 27, 2015, Carol A Diraimo (VP, INVESTOR REL & CORP COMM) sold 411 shares at $74.79 per share price.

Shares of Jack in the Box (JACK) ended Friday, Jun 3, 2016 session in red amid volatile trading. The shares closed down -0.49 points or -0.57% at $86.06 with 6,77,071 shares getting traded. Post opening the session at $87.09, the shares hit an intraday low of $85.5958 and an intraday high of $87.13 and the price vacillated in this range throughout the day. The company has a market cap of $2,800 M and the number of outstanding shares has been calculated to be 3,25,40,996 shares. The 52-week high of Jack in the Box is $98.26 and the 52-week low is $61.78.

Jack in the Box Money Flow Index Chart

Company has been under the radar of several Street Analysts.Jack in the Box is Reiterated by UBS to Neutral and the brokerage firm has raised the Price Target to $ 87 from a previous price target of $80 .The Rating was issued on Jun 3, 2016.Jack in the Box is Upgraded by Robert W. Baird to Outperform and the brokerage firm has raised the Price Target to $ 95 from a previous price target of $80 .Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on May 26, 2016.Jack in the Box is Reiterated by Barclays to Equal Weight and the brokerage firm has raised the Price Target to $ 86 from a previous price target of $79 .The Rating was issued on May 26, 2016.Jack in the Box is Reiterated by Telsey Advisory Group to Outperform while Lowering the Price Target of the company shares to $ 85 from a previous price target of $95 . The Rating was issued on Apr 13, 2016.Jack in the Box is Upgraded by Morgan Stanley to Overweight. Earlier the firm had a rating of Equal-Weight on the company shares. The Rating was issued on Apr 8, 2016.

Jack in the Box Inc. (JACK) is a restaurant company. The Company operates in two segments: Jack in the Box and Qdoba Restaurant Operations. It operates and franchises approximately 2888 Jack in the Box quick-service restaurants (QSRs) and Qdoba Mexican Grill fast-casual restaurants. The Company’s Jack in the Box restaurants offer a selection of products targeted primarily at the adult fast-food consumer. Its menu features a variety of items including hamburgers tacos specialty sandwiches drinks real ice cream shakes salads and side items. The Company’s Qdoba restaurants feature fresh ingredients and Mexican flavors that combine to create a variety of flavors and products.

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