Jack In The Box Inc /new/ (JACK): Leonard A Comma , CHAIRMAN & CEO of Jack In The Box Inc /new/ sold 67,572 shares on Sep 12, 2016. The Insider selling transaction was reported by the company on Sep 13, 2016 to the Securities and Exchange Commission. The shares were sold at $96.44 per share for a total value of $6,532,713.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 7, 2016, David Goebel (director) sold 1,480 shares at $101.46 per share price.On Aug 9, 2016, Keith M Guilbault (QDOBA BRAND PRESIDENT) sold 1,925 shares at $96.59 per share price.Also, On Jun 3, 2016, Raymond Pepper (VP – GENERAL COUNSEL) sold 962 shares at $85.97 per share price.On May 27, 2016, Paul D Melancon (SVP – FIN/CONTROLLER/TREASURER) sold 4,187 shares at $84.21 per share price.
Jack in the Box: On Monday, Sep 12, 2016 heightened volatility was witnessed in Jack in the Box which led to swings in the share price. The shares opened for trading at $96.72 and hit $96.91 on the upside , eventually ending the session at $96.88, with a gain of 0.18% or 0.17 points. The heightened volatility saw the trading volume jump to 698,560 shares. The 52-week high of the share price is $102.629 and the company has a market cap of $3,166 M . The 52-week low of the share price is at $61.78.
Company has been under the radar of several Street Analysts.Jack in the Box is Reiterated by Telsey Advisory Group to Outperform and the brokerage firm has raised the Price Target to $ 120 from a previous price target of $105 .The Rating was issued on Aug 9, 2016.Jack in the Box is Reiterated by Wedbush to Outperform and the brokerage firm has raised the Price Target to $ 115 from a previous price target of $110 .The Rating was issued on Aug 5, 2016.Jack in the Box is Reiterated by Telsey Advisory Group to Outperform and the brokerage firm has raised the Price Target to $ 105 from a previous price target of $85 .The Rating was issued on Jul 13, 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 Companys 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 Companys Qdoba restaurants feature fresh ingredients and Mexican flavors that combine to create a variety of flavors and products.