Insider Market Move: James Wilen Insider Trade for 5,000 Shares of Monro Muffler Brake Inc (NASDAQ:MNRO)

November 23, 2016 - By Louis Casey

Insider Market Move: James Wilen Insider Trade for 5,000 Shares of Monro Muffler Brake Inc (NASDAQ:MNRO)

James Wilen Insider Sell

James Wilen, an insider and also director of the famous company Monro Muffler Brake Inc made trade. He made a sale of 5,000 shares of the company with James Wilen’s transaction valued at $297,250 USD – calculated based on $59.5 for every share. The regulatory filing shows that James Wilen now owns precisely 0.02% of the New York-based company’s market capitalization (total value of the shares outstanding) Dated 22/11/2016 the sale report is freely available here.

Monro Muffler Brake Inc (NASDAQ:MNRO) Ratings Coverage

Out of 11 analysts covering Monro Muffler Brake (NASDAQ:MNRO), 5 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 45% are positive. $86 is the highest target while $66 is the lowest. The $76 average target is 28.60% above today’s ($59.1) stock price. Monro Muffler Brake has been the topic of 14 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The stock of Monro Muffler Brake Inc (NASDAQ:MNRO) has “Hold” rating given on Tuesday, December 8 by Gabelli. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, October 23 report. The rating was maintained by Jefferies on Friday, October 23 with “Buy”. The stock of Monro Muffler Brake Inc (NASDAQ:MNRO) earned “Neutral” rating by Northcoast on Thursday, October 27. The firm earned “Hold” rating on Wednesday, August 5 by Evercore. The firm has “Neutral” rating given on Wednesday, April 6 by Goldman Sachs. Sterne Agee CRT initiated the shares of MNRO in a report on Tuesday, October 20 with “Buy” rating. The firm has “Sector Weight” rating by KeyBanc Capital Markets given on Wednesday, August 19. The stock of Monro Muffler Brake Inc (NASDAQ:MNRO) has “Neutral” rating given on Thursday, December 17 by Goldman Sachs. The stock of Monro Muffler Brake Inc (NASDAQ:MNRO) has “Neutral” rating given on Monday, September 28 by CL King.

Insitutional Activity: The institutional sentiment decreased to 0.77 in Q2 2016. Its down 0.45, from 1.22 in 2016Q1. The ratio dropped, as 18 funds sold all Monro Muffler Brake Inc shares owned while 60 reduced positions. 25 funds bought stakes while 70 increased positions. They now own 34.02 million shares or 2.60% more from 33.16 million shares in 2016Q1.

Suntrust Banks Inc holds 0% or 7,496 shares in its portfolio. Swiss Commercial Bank last reported 0.01% of its portfolio in the stock. Moreover, Manning Napier Advsrs Ltd Co has 0.06% invested in Monro Muffler Brake Inc (NASDAQ:MNRO) for 165,860 shares. Sector Pension Board accumulated 0.02% or 22,851 shares. Huntington Comml Bank holds 0.01% of its portfolio in Monro Muffler Brake Inc (NASDAQ:MNRO) for 3,436 shares. Stephens Inc Ar reported 4,875 shares or 0.01% of all its holdings. Comerica National Bank & Trust holds 32,619 shares or 0.02% of its portfolio. California State Teachers Retirement Sys accumulated 65,953 shares or 0.01% of the stock. Macquarie Group Inc holds 0% or 22,300 shares in its portfolio. Texas Permanent School Fund holds 0.02% of its portfolio in Monro Muffler Brake Inc (NASDAQ:MNRO) for 24,658 shares. Moreover, Schwab Charles Inc has 0.01% invested in Monro Muffler Brake Inc (NASDAQ:MNRO) for 133,884 shares. Atlanta Cap Co L L C accumulated 546,662 shares or 0.23% of the stock. Scout reported 97,025 shares or 0.17% of all its holdings. Moreover, Pinebridge Invs Lp has 0.01% invested in Monro Muffler Brake Inc (NASDAQ:MNRO) for 4,090 shares. Blackrock Gru holds 0% of its portfolio in Monro Muffler Brake Inc (NASDAQ:MNRO) for 45,139 shares.

Insider Transactions: Since May 24, 2016, the stock had 0 insider purchases, and 12 selling transactions for $12.08 million net activity. $415,953 worth of Monro Muffler Brake Inc (NASDAQ:MNRO) was sold by GLICKMAN DONALD. 10,000 Monro Muffler Brake Inc (NASDAQ:MNRO) shares with value of $621,322 were sold by MELLOR ROBERT E. SOLOMON PETER J sold $552,121 worth of Monro Muffler Brake Inc (NASDAQ:MNRO) on Monday, October 31. Lamb John C also sold $53,812 worth of Monro Muffler Brake Inc (NASDAQ:MNRO) on Tuesday, November 15. Another trade for 4,400 shares valued at $269,544 was sold by WOLSZON ELIZABETH A. Another trade for 6,750 shares valued at $382,743 was sold by HOORNBECK CHRISTOPHER R. $525,200 worth of Monro Muffler Brake Inc (NASDAQ:MNRO) was sold by D AMICO CATHERINE.

About 101,484 shares traded hands. Monro Muffler Brake Inc (NASDAQ:MNRO) has declined 12.80% since April 21, 2016 and is downtrending. It has underperformed by 18.13% the S&P500.

Monro Muffler Brake, Inc. is engaged in the provision of automotive undercar repair and tire services in the United States. The company has a market cap of $1.98 billion. The Firm provides a range of services on passenger cars, light trucks and vans for brakes; mufflers and exhaust systems, and steering, drive train, suspension and wheel alignment. It has a 31.31 P/E ratio. It also offers tires and routine maintenance services, which include state inspections.

According to Zacks Investment Research, “Monro Muffler/Brake, Inc. is a chain of company-operated and dealer-operated stores providing automotive undercar repair services in the United States. Monro’s stores provide a full range of services for exhaust systems, brake systems, steering and suspension systems and many other vehicle maintenance services. The company’s stores typically are situated in high-visibility locations in suburban areas and small towns, as well as in major metropolitan areas.”

Analysts await Monro Muffler Brake Inc (NASDAQ:MNRO) to report earnings on January, 24. They expect $0.53 earnings per share, up 3.92% or $0.02 from last year’s $0.51 per share. MNRO’s profit will be $17.77 million for 27.85 P/E if the $0.53 EPS becomes a reality. After $0.53 actual earnings per share reported by Monro Muffler Brake Inc for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

More news for Monro Muffler Brake Inc (NASDAQ:MNRO) were recently published by: Barrons.com, which released: “Monro Muffler Brake Inc.” on August 24, 2015. Bloomberg.com‘s article titled: “Monro Muffler Rises Amid Favorable Outlook for Auto Services” and published on September 07, 2016 is yet another important article.

MNRO Company Profile

Monro Muffler Brake, Inc., incorporated on October 5, 1959, is engaged in the provision of automotive undercar repair and tire services in the United States. The Firm provides a range of services on passenger cars, light trucks and vans for brakes; mufflers and exhaust systems, and steering, drive train, suspension and wheel alignment. The Firm also provides other services and products, including tires and routine maintenance services, including state inspections. The Firm is also engaged in repair and replacement of parts. The Company’s store provides a range of undercar repair services for brakes, steering, mufflers and exhaust systems, drive train, suspension and wheel alignment, as well as tire replacement and service. These services apply to all makes and models of domestic and foreign cars, light trucks and vans.

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