The VP, CHIEF IR & CP COMM OFFICER of Jack In The Box Inc is Exercising Options

By Carrie Williams

Today it was reported that the VP, CHIEF IR & CP COMM OFFICER of Jack In The Box Inc (JACKResearch Report), Carol Diraimo, exercised options to sell 590 JACK shares at $27.49 a share, for a total transaction value of $48.39K.

Following Carol Diraimo’s last JACK Sell transaction on November 27, 2015, the stock climbed by 12.1%.

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Based on Jack In The Box Inc’s latest earnings report for the quarter ending January 31, the company posted quarterly revenue of $291 million and quarterly net profit of $34.18 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 20.33. Currently, Jack In The Box Inc has an average volume of 743.2K.

Based on 7 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $91.50, reflecting a 10.0% upside.

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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.