Chipotle Mexican Grill Announces Garner Curtis E's Sale of 15,750 Shares

Chipotle Mexican Grill Inc. [CMG] has announced that Garner Curtis E, the company's President, Chief Strategy and Technology Officer, has sold 15,750 shares at a price of $56.32 per share on July 7, 2025.

Title: Chipotle Mexican Grill Inc. [CMG] President Sells 15,750 Shares

Chipotle Mexican Grill Inc. [CMG] has reported that Garner Curtis E, the company's President, Chief Strategy and Technology Officer, sold 15,750 shares at a price of $56.32 per share on July 7, 2025. This transaction was disclosed in a document filed with the Securities & Exchange Commission [1].

The sale represents a significant portion of Curtis' position in the company. As of the most recent quarter, insiders owned approximately 1.02% of the stock, with a value of about $5.45 million [1]. The sale of 15,750 shares by Curtis at an average price of $56.32 per share results in a total transaction value of approximately $883,460.

This news comes amid a period of strong institutional investment in Chipotle Mexican Grill. Brown Advisory Inc., for instance, boosted its position in CMG by 5.8% during the first quarter, owning approximately 0.68% of the company's stock worth $460,012,000 [1]. Other large investors, such as Revolve Wealth Partners LLC and Bank Pictet & Cie Europe AG, also increased their stakes in the company [1].

The stock market has been relatively volatile for Chipotle Mexican Grill, with shares opening at $55.48 on July 2, 2025, and a market capitalization of $74.75 billion. The company's recent earnings report showed a revenue increase of 6.4% year-over-year, with earnings per share (EPS) of $0.29, slightly above analysts' expectations [1].

Analysts have mixed opinions on CMG. While some have downgraded their price targets, others maintain a "Moderate Buy" rating with a consensus target price of $60.93 [1]. This mixed sentiment reflects the company's recent performance and the broader market conditions.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-brown-advisory-inc-has-46001-million-holdings-in-chipotle-mexican-grill-inc-nysecmg-2025-07-08/