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Blair William & Co. IL Sells 815,336 Shares of Chipotle Mexican Grill, Inc. $CMG
Blair William & Co. IL significantly reduced its stake in Chipotle Mexican Grill (CMG) by 35.3%, selling 815,336 shares and now holding 1,496,244 shares valued at $58.64 million. Despite recent stock weakness and critical sentiment, CMG maintains a “Moderate Buy” consensus from analysts with an average target price of $47.37. The company slightly surpassed earnings expectations last quarter, with revenue up 4.9% year-over-year.