BJ’s Restaurants director Richmond C Bradford acquires $47,627 in stock

BJ’s Restaurants Inc. (NASDAQ: BJRI) disclosed on August 31, 2026 a transaction by Director Richmond C Bradford involving the acquisition of 753 shares of the company’s common stock. The purchase was executed at $63.25 per share, amounting to a total investment of $47,627. This transaction aligns with the current stock price of $63.59, which has yielded an 89% return over the previous year.

The company's stock is currently rated with a P/E ratio of 34, and according to InvestingPro analysis, is perceived as overvalued relative to its Fair Value, placing it among the stocks on the platform’s list of Most Overvalued. The shares are held under an irrevocable trust that Mr. Bradford controls, with the filing noting that he disclaims beneficial ownership of these shares except for the financial interest they represent.

Following the acquisition, the trust now owns 35,500 shares indirectly. The report also mentioned a disposition of 2,955 shares, which included unvested Restricted Stock Units. Investors can find a more detailed analysis in BJRI’s Pro Research Report, one of over 1,400 reports available on InvestingPro. Additionally, BJ’s Restaurants reported a second-quarter revenue of $388.9 million, surpassing the estimated $374.55 million, driven by a 6.5% increase in comparable restaurant sales and an 8.3% rise in customer traffic.

Analysts at Benchmark, DA Davidson, and Mizuho have raised their price targets for the stock, citing strong traffic growth, successful promotional strategies, and positive third-quarter outlook. Despite strong sales of the Pizookie dessert and improved operational execution, the company faces margin pressures due to food inflation. The article was generated with AI support and reviewed by an editor.