Insider Exclusive: Reasons for Sandra Cochran’s Shares Unload of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL)’s Stock

November 28, 2016 - By Adrian Mccoy

Insider Exclusive: Reasons for Sandra Cochran's Shares Unload of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL)'s Stock

Sandra Cochran Insider Sell

Sandra Cochran, President & COO of Cracker Barrel Old Country Store Inc, in an insider trading deal unloaded some 30,000 shares whose sum is estimated to be $4,921,485 at average stock price of $164.0. A document obtainable for free here unveiled this trade activity. It was unveiled on November 28, 2016 and filled with Security and Exchange Commission. The prospect that this sell remains unnoticed are super little owing to the huge amount of cash involved. Today, Sandra Cochran owns 129,895 shares which are about 0.55% of the company’s market cap (share price times the number of shares outstanding).

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) Ratings Coverage

Out of 7 analysts covering Cracker Barrel (NASDAQ:CBRL), 1 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 14% are positive. $170 is the highest target while $142 is the lowest. The $164 average target is 0.71% above today’s ($162.84) stock price. Cracker Barrel has been the topic of 21 analyst reports since September 29, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Maxim Group given on Monday, February 22. The firm has “Buy” rating by Maxim Group given on Wednesday, December 9. Maxim Group maintained it with “Buy” rating and $165 target price in Thursday, September 15 report. The firm has “Hold” rating given on Wednesday, November 25 by Argus Research. Maxim Group maintained Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) rating on Tuesday, November 15. Maxim Group has “Buy” rating and $170 price target. The company was maintained on Tuesday, August 30 by Telsey Advisory Group. The stock has “Neutral” rating given by Suntrust Robinson on Thursday, October 8. SunTrust maintained Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) on Thursday, June 2 with “Neutral” rating. The rating was downgraded by Bank of America on Monday, July 11 to “Underperform”. The company was upgraded on Tuesday, January 26 by SunTrust.

Insitutional Activity: The institutional sentiment decreased to 0.96 in Q2 2016. Its down 0.21, from 1.17 in 2016Q1. The ratio worsened, as 27 funds sold all Cracker Barrel Old Country Store, Inc. shares owned while 98 reduced positions. 47 funds bought stakes while 99 increased positions. They now own 20.00 million shares or 0.19% less from 20.03 million shares in 2016Q1.

Alta Cap Mngmt Limited Co has 10,728 shares for 0.11% of their US portfolio. Stevens Cap Mngmt L P has 0.06% invested in the company for 8,848 shares. Renaissance Technologies Limited Company accumulated 131,832 shares or 0.04% of the stock. Central Bank And Tru Co has invested 0.01% of its portfolio in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL). Clark Cap Management Group Inc accumulated 66,639 shares or 0.74% of the stock. State Bank Of America De has 192,875 shares for 0.01% of their US portfolio. Gsa Capital Prns Limited Liability Partnership holds 0.11% of its portfolio in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) for 11,806 shares. Moreover, City has 0.04% invested in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) for 500 shares. Assetmark, a California-based fund reported 1 shares. Stifel Fincl Corporation holds 6,995 shares or 0.01% of its portfolio. Csat Advisory L P reported 14,466 shares or 5.21% of all its holdings. Fuller Thaler Asset Management holds 0.14% or 48,125 shares in its portfolio. Los Angeles Mgmt & Equity Research Inc has invested 0.01% of its portfolio in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL). Biglari Cap last reported 4.74 million shares in the company. The Alabama-based Retirement Systems Of Alabama has invested 0.03% in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL).

About 214,180 shares traded hands. Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) has risen 10.88% since April 25, 2016 and is uptrending. It has outperformed by 4.87% the S&P500.

Cracker Barrel Old Country Store, Inc. is engaged in the operation and development of the Cracker Barrel Old Country Store concept . The company has a market cap of $3.88 billion. The Company’s divisions include Restaurant and Retail. It has a 19.93 P/E ratio. As of September 19, 2016, the Company operated 640 Cracker Barrel stores in 43 states.

According to Zacks Investment Research, “Cracker Barrel Old Country Store, Inc., formerly CBRL Group, Inc., is principally engaged in the operation and development of the Cracker Barrel Old Country Store restaurant and retail concept. The format of Cracker Barrel stores consists of a rustic, old country-store design with a separate retail area offering a variety of decorative and functional items featuring rocking chairs, holiday and seasonal gifts and toys, apparel, cookware and foods, including various old fashioned candies and jellies.”

More notable recent Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) news were published by: Nasdaq.com which released: “Cracker Barrel Old Country Store Reaches Analyst Target Price” on November 23, 2016, also Prnewswire.com with their article: “Cracker Barrel Old Country Store® Introduces New Heat n’ Serve Holiday Family ..” published on November 10, 2016, Reuters.com published: “BRIEF-Cracker Barrel Old Country Store Inc reports Q1 EPS of $2.01” on November 22, 2016. More interesting news about Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) were released by: Forbes.com and their article: “Ex-Dividend Reminder: Cracker Barrel Old Country Store, Foot Locker and Yum ..” published on July 11, 2016 as well as Prnewswire.com‘s news article titled: “Amy Grant and Cracker Barrel Old Country Store® Bring Home the Holidays with ..” with publication date: October 20, 2016.

CBRL Company Profile

Cracker Barrel Old Country Store, Inc., incorporated on October 16, 1969, is engaged in the operation and development of the Cracker Barrel Old Country Store concept (Cracker Barrel). The Company’s divisions include Restaurant and Retail. As of September 19, 2016, the Company operated 640 Cracker Barrel stores in 43 states. The format of its stores consists of a rustic old country-store design offering a restaurant menu that features home-style country food and a range of decorative and functional items, such as rocking chairs, holiday and seasonal gifts and toys, apparel, cookware and foods. The Company’s restaurants offer home-style country cooking featuring of its own recipes. The Company’s restaurants serve breakfast, lunch and dinner. The Company’s breakfast items include juices, eggs, pancakes, fruit and yogurt parfaits, pork and turkey bacon, country ham, sausage, grits, and a range of biscuit specialties, such as gravy and biscuits and country ham and biscuits. The Company’s Lunch and dinner items include country ham, chicken and dumplings, chicken fried chicken, meatloaf, country fried steak, pork chops, fish, steak, roast beef, vegetable plates, a range of salads, sandwiches, soups, fresh side items and specialty items, such as pinto beans and turnip greens.

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