Texas Roadhouse director Hugh Carroll sells $132,593 in shares

Texas Roadhouse director Hugh Carroll sold 650 shares of the company's common stock on August 25, 2026, for a total of $132,593. The sale occurred at a price of $203.99 per share, which was slightly higher than the current stock price of around $200. After the transaction, Carroll directly owned 2,883 shares of Texas Roadhouse common stock.

The company's stock has experienced a 21.6% return year-to-date and trades at a price-to-earnings ratio of 32.12. However, InvestingPro analysis suggests that the shares might be overvalued compared to their fair value estimate. In addition to the shares sold, Carroll holds 1,200 restricted stock units directly. Each restricted stock unit entitles the holder to one share of Texas Roadhouse common stock, and these units are set to vest on January 8, 2027, provided Carroll continues to work for the company.

Recent analyst revisions have been favorable, with 25 analysts raising their earnings estimates for the upcoming period, according to InvestingPro. The stock has attracted attention from various financial institutions, with Benchmark maintaining a Hold rating, Piper Sandler raising its price target to $208 with a Neutral rating, Mizuho reinforcing an Outperform rating with a $230 price target, and Evercore ISI keeping an In Line rating with a $200 price target.

These projections consider the company's consistent traffic growth, customer satisfaction scores, and potential earnings upside if food costs decrease.

Despite these positive indicators, the stock filing with the Securities and Exchange Commission was made on August 27, 2026. This information was compiled using AI support and reviewed by an editor.