Jersey Mike’s (NYSE:JMKE) CAO James Whalen Purchases 2,500 Shares

Jersey Mike’s (NYSE:JMKE) CAO James Whalen purchased 2,500 shares of the firm’s stock in a transaction dated Friday, July 31st. The stock was acquired at an average price of $23.00 per share, with a total value of $57,500.00. Following the purchase, the chief accounting officer directly owned 2,500 shares of the company’s stock, valued at approximately $57,500. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Jersey Mike’s Price Performance

Shares of NYSE:JMKE opened at $23.23 on Wednesday. Jersey Mike’s has a 1 year low of $20.63 and a 1 year high of $24.99.

Analyst Upgrades and Downgrades

Separately, Melius Research began coverage on shares of Jersey Mike’s in a research note on Thursday, July 30th. They set a “buy” rating and a $30.00 target price on the stock. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Jersey Mike’s has an average rating of “Buy” and an average price target of $30.00.

Jersey Mike’s Company Profile

We are Jersey Mike’s: A high-growth franchisor of fast casual, submarine-style sandwich restaurants specializing in authentic, hand-crafted, craveable subs. Built over 70 years on one uncompromising belief – that a truly great sub sandwich can change your day and that a truly great brand changes its community – Jersey Mike’s is now one of the largest and fastest-growing limited-service restaurant brands based on U.S. systemwide sales and unit growth, with 3,300 stores across all 50 states and two countries – nearly all of which are franchised.