November 23, 2016 - By Marguerite Chambers
Carol Diraimo who is presently the VP – INVESTOR REL & CORP COMM of Jack In The Box Inc not a long ago sold 2,000 shares of the California-based Jack In The Box Inc. The insider deal has $210,000 USD total value, at an average stock price per share of $105.0. Presently, Carol Diraimo owns 14,059 shares or 0.04% of Jack In The Box Inc’s market capitalization.
Out of 14 analysts covering Jack In The Box Inc. (NASDAQ:JACK), 8 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 57% are positive. $115 is the highest target while $70 is the lowest. The $92 average target is -14.67% below today’s ($107.82) stock price. Jack In The Box Inc. has been the topic of 25 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The firm has “Sell” rating given on Monday, October 24 by Goldman Sachs. The stock has “Outperform” rating given by Oppenheimer on Monday, November 9. Oppenheimer maintained the stock with “Outperform” rating in Thursday, August 6 report. Wedbush maintained Jack in the Box Inc. (NASDAQ:JACK) rating on Friday, February 19. Wedbush has “Outperform” rating and $90 price target. Wedbush maintained the shares of JACK in a report on Friday, August 5 with “Outperform” rating. The stock of Jack in the Box Inc. (NASDAQ:JACK) has “Outperform” rating given on Tuesday, September 29 by Telsey Advisory Group. The stock of Jack in the Box Inc. (NASDAQ:JACK) earned “Buy” rating by Jefferies on Thursday, November 19. Barclays Capital maintained the stock with “Equal-Weight” rating in Thursday, May 26 report. The rating was initiated by SunTrust on Wednesday, January 6 with “Neutral”. Oppenheimer maintained the stock with “Outperform” rating in Wednesday, November 18 report.
Insitutional Activity: The institutional sentiment increased to 0.92 in 2016 Q2. Its up 0.14, from 0.78 in 2016Q1. The ratio increased, as 34 funds sold all Jack in the Box Inc. shares owned while 105 reduced positions. 50 funds bought stakes while 59 increased positions. They now own 31.72 million shares or 0.07% less from 31.74 million shares in 2016Q1.
Aqr Mngmt Limited Liability Com accumulated 421,677 shares or 0.06% of the stock. The Pennsylvania-based Stoneridge Investment Partners Ltd has invested 0.12% in Jack in the Box Inc. (NASDAQ:JACK). Laurion Mngmt L P has 3,429 shares for 0% of their US portfolio. Suntrust Banks Incorporated owns 12,089 shares or 0.01% of their US portfolio. Price T Rowe Assocs Md reported 2.13M shares or 0.04% of all its holdings. Parametric Port Assoc Limited Liability Company has 0.01% invested in the company for 99,292 shares. Weaver C Barksdale And has invested 0.01% of its portfolio in Jack in the Box Inc. (NASDAQ:JACK). Princeton Alpha Mgmt L P last reported 0.07% of its portfolio in the stock. Zurcher Kantonalbank (Zurich Cantonalbank) has 853 shares for 0% of their US portfolio. Kcg Inc has 0.01% invested in the company for 4,614 shares. Citadel Limited Liability Corp accumulated 0.05% or 492,914 shares. Spot Trading Lc, a Illinois-based fund reported 686 shares. Penn Cap Co accumulated 171,039 shares or 0.85% of the stock. Hsbc Public Limited holds 3,873 shares or 0% of its portfolio. Moreover, Grp Inc has 0% invested in Jack in the Box Inc. (NASDAQ:JACK) for 80,757 shares.
Insider Transactions: Since May 26, 2016, the stock had 0 buys, and 8 sales for $12.23 million net activity. $82,701 worth of Jack in the Box Inc. (NASDAQ:JACK) was sold by PEPPER RAYMOND. The insider Allen Frances L. sold $49,836. Shares for $6.53M were sold by COMMA LEONARD A. GUILBAULT KEITH M had sold 1,925 shares worth $185,934 on Monday, August 8. Another trade for 1,480 shares valued at $150,161 was made by GOEBEL DAVID on Tuesday, September 6. Shares for $353,344 were sold by MELANCON PAUL D. RUDOLPH PHILLIP H sold $833,488 worth of stock or 8,505 shares.
The stock increased 6.07% or $6.17 during the last trading session, hitting $107.82. About 3.35M shares traded hands or 546.98% up from the average. Jack in the Box Inc. (NASDAQ:JACK) has risen 58.84% since April 21, 2016 and is uptrending. It has outperformed by 53.51% the S&P500.
Jack in the Box Inc. is a restaurant company. The company has a market cap of $3.52 billion. The Firm operates and franchises approximately 2,910 Jack in the Box quick-service restaurants and Qdoba Mexican Eats fast-casual restaurants (Qdoba). It has a 32.01 P/E ratio. The Company’s divisions are Jack in the Box and Qdoba Restaurant operations.
According to Zacks Investment Research, “Jack in the Box is a quick-service hamburger restaurant chain. Jack in the Box restaurants offer a broad selection of distinctive, innovative products targeted at the adult fast-food consumer. The Jack in the Box menu features a variety of hamburgers, specialty sandwiches, salads, Mexican food, finger foods and side items. The core of the Jack in the Box menu is its hamburger products, including its signature hamburgers, the Jumbo Jack, Ultimate Cheeseburger and Sourdough Jack.”
More important recent Jack in the Box Inc. (NASDAQ:JACK) news were published by: Nasdaq.com which released: “Jack in the Box (JACK) Stock Falls Despite Q4 Earnings Beat” on November 22, 2016, also Nasdaq.com published article titled: “Earnings Reaction History: Jack in the Box Inc., 85.7% Follow-Through ..”, Streetinsider.com published: “Form 4 JACK IN THE BOX INC /NEW For: Nov 22 Filed by: DIRAIMO CAROL A” on November 23, 2016. More interesting news about Jack in the Box Inc. (NASDAQ:JACK) was released by: Zacks.com and their article: “Will Jack in the Box (JACK) Q4 Earnings Spring a Surprise?” with publication date: November 18, 2016.
Jack in the Box Inc., incorporated on May 27, 1999, is a restaurant company. The Firm operates and franchises approximately 2,910 Jack in the Box quick-service restaurants (QSR) and Qdoba Mexican Eats fast-casual restaurants (Qdoba). The Company’s divisions are Jack in the Box and Qdoba Restaurant operations. The Firm operates and franchises approximately 2,250 Jack in the Box restaurants, primarily in the western and southern United States, including one in Guam, approximately 660 Qdoba restaurants across the United States, and approximately four in Canada.
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