The EVP- CHF OF STAFF & STRATEGY of Jack In The Box Inc (NASDAQ: JACK) is Selling Shares

By Carrie Williams

Yesterday, the EVP- CHF OF STAFF & STRATEGY of Jack In The Box Inc (JACKResearch Report), Mark Blankenship, sold shares of JACK for $201.9K.

Following Mark Blankenship’s last JACK Sell transaction on November 27, 2015, the stock climbed by 14.3%. In addition to Mark Blankenship, 2 other JACK executives reported Sell trades in the last month.

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Based on Jack In The Box Inc’s latest earnings report for the quarter ending April 30, the company posted quarterly revenue of $216 million and quarterly net profit of $25.09 million. In comparison, last year the company earned revenue of $210 million and had a net profit of $11.88 million. JACK’s market cap is $2.12B and the company has a P/E ratio of 18.18. Currently, Jack In The Box Inc has an average volume of 552.6K.

Based on 7 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $91.50, reflecting a 8.3% upside.

The insider sentiment on Jack In The Box Inc has been negative according to 107 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Jack in the Box, Inc. engages in operating and franchising a chain of quick-service and fast-casual restaurants. It operates through the Jack in the Box Restaurant segments.