Texas Roadhouse chief growth officer sells $102,325 in stock
Marshall Lloyd Paul, the Chief Growth Officer at Texas Roadhouse, Inc., divested 500 shares of the company's stock on August 26, 2026. Each share was sold for $204.65, yielding a total net profit of $102,325. Following this sale, Paul was left with a personal holding of 9,826 shares. The sale occurred at a time when the stock price was $200.12, lower than the transaction price.
Despite the slight decrease, Texas Roadhouse shares have delivered a robust 21.6% return this year. The company boasts a substantial market capitalization of $13.14 billion and a price-to-earnings ratio of 32.12. Aside from his stock sale, Paul also holds Restricted Stock Units (RSUs), which give him the right to receive additional shares contingent on his continued employment.
Specifically, 2,700 RSUs are set to vest on January 8, 2027, and 9,400 more on January 8, 2028. Projections from InvestingPro indicate that Texas Roadhouse might be overvalued at present, yet 25 analysts have adjusted their earnings expectations upwards for the coming period, signaling optimism. For more detailed insights, readers can access a comprehensive Pro Research Report on Texas Roadhouse and 1,400+ other US equities.
Recently, the company reported stronger-than-expected Q2 2026 earnings, surpassing analyst forecasts. Texas Roadhouse reported revenue of $1.74 billion, up 6.2% year-over-year, with a significant 3.0% increase in same-store sales. Earnings per share stood at $1.85, marginally exceeding the estimated $1.82. Following this positive performance, Piper Sandler raised its price target for Texas Roadhouse to $208, retaining a Neutral rating.
Mizuho echoed this sentiment by reaffirming an Outperform rating, highlighting the company's strong position for sustained traffic growth through 2027. Evercore ISI maintained an In Line rating with a $200 price target, predicting potential earnings gains if food costs become more manageable. Conversely, Benchmark held onto a Hold rating after the earnings release.
These factors underscore Texas Roadhouse's impressive performance and the diverse outlooks among analysts regarding its future trajectory.
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