Texas Roadhouse, Inc. (TXRH) Files Form 4 Insider Selling : Kathy Widmer Sells 6,000 Shares

Texas Roadhouse, Inc. (TXRH): Kathy Widmer , director of Texas Roadhouse, Inc. sold 6,000 shares on May 5, 2016. The Insider selling transaction was reported by the company on May 9, 2016 to the Securities and Exchange Commission. The shares were sold at $44.20 per share for a total value of $265,200.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 26, 2016, S. Chris Jacobsen (Chief Marketing Officer) sold 3,500 shares at $41.28 per share price.On Feb 26, 2016, Celia Catlett (General Counsel) sold 5,000 shares at $41.28 per share price.Also, On Feb 26, 2016, Scott Matthew Colosi (President and CFO) sold 10,000 shares at $42.33 per share price.On Feb 26, 2016, Gregory N Moore (director) purchased 750 shares at $41.67 per share price.

Shares of Texas Roadhouse Inc (TXRH) ended Friday, May 6, 2016 session in red amid volatile trading. The shares closed down -0.15 points or -0.34% at $43.46 with 6,56,135 shares getting traded. Post opening the session at $43.48, the shares hit an intraday low of $42.58 and an intraday high of $43.65 and the price vacillated in this range throughout the day. The company has a market cap of $3,056 M and the number of outstanding shares has been calculated to be 7,03,23,596 shares. The 52-week high of Texas Roadhouse Inc is $44.91 and the 52-week low is $31.55.

Texas Roadhouse Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Texas Roadhouse Inc is Reiterated by Telsey Advisory Group to Outperform and the brokerage firm has raised the Price Target to $ 48 from a previous price target of $44 .The Rating was issued on May 3, 2016.Texas Roadhouse Inc is Reiterated by Deutsche Bank to Hold and the brokerage firm has raised the Price Target to $ 45 from a previous price target of $40 .The Rating was issued on May 3, 2016.Texas Roadhouse Inc is Downgraded by Raymond James to Mkt Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Apr 18, 2016.Texas Roadhouse Inc is Reiterated by Maxim Group to Buy and the brokerage firm has raised the Price Target to $ 48 from a previous price target of $45 .The Rating was issued on Apr 5, 2016.Texas Roadhouse Inc is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 42 from a previous price target of $41 .The Rating was issued on Feb 23, 2016.

Texas Roadhouse Inc. is a full-service casual dining restaurant company. The Company offers an assortment of seasoned and aged steaks. In addition to steaks it also offers ribs fish seafood chicken pork chops pulled pork and vegetable plates and an assortment of hamburgers salads and sandwiches. Its entrees include made-from-scratch yeast rolls and also include the choice of two of the following made-from-scratch sides: baked potato sweet potato steak fries mashed potatoes house or Caesar salad green beans chili seasoned rice buttered corn applesauce and steamed vegetables. Its restaurants offer a full bar that offers draft and bottled beer different brands of liquor and wine as well as margaritas. As of December 30 2014 the Company had 451 restaurants which included 372 Company restaurants of which 356 were wholly-owned and 16 were majority-owned and 79 franchise restaurants in which the Company held 5% to 10.0% ownership interest in 23 restaurants.

Leave a Reply

Texas Roadhouse Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Texas Roadhouse Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.