Montgomery Moran Acquires Shares in Sweetgreen, Inc.
Sweetgreen's insider Montgomery Moran bought 24,115 shares.
Key Points
- Montgomery Moran purchased 24,115 shares of Sweetgreen, Inc. (NYSE:SG) on June 11, 2026, at a transaction price of $0.00.
- Sweetgreen, trading at $9.07, has a market cap of $1.08 billion and a P/E ratio of 75.58, with a 52-week range between $4.49 and $16.70.
- Insiders including Moran, Singer, Ru, and Blumenthal each bought 24,115 shares, while analysts have mixed ratings with price targets ranging from $5.00 to $13.00.
Montgomery Moran, an insider at Sweetgreen, Inc. (NYSE:SG), acquired 24,115 shares of the company on June 11, 2026. The shares were bought at a transaction price of $0.00, according to recent filings.
Insider Buying and Selling at Sweetgreen, Inc.
Montgomery Moran wasn't the only insider making moves at Sweetgreen. On the same day, insiders Bradley Singer, Nathaniel Ru, and Neil Harris Blumenthal each purchased 24,115 shares. Additionally, Jamie McConnell, the CFO, bought 1,401 shares at $8.00 each on May 18, while COO Jason Miles Cochran acquired 15,038 shares at $7.99.
Other Institutional Activity in Sweetgreen, Inc.
Several institutional investors have also adjusted their positions in Sweetgreen. Baillie Gifford & Co reduced its holdings by 350,916 shares, ending with 10,315,624 shares valued at approximately $53.54 million. BlackRock, Inc. cut 105,649 shares, leaving it with 7,710,286 shares worth about $40.02 million. Conversely, Woodson Capital Management, LP increased its stake by 700,000 shares to 6,700,000 shares valued at $34.77 million. Neuberger Berman Group LLC and Greenhouse Funds LLLP also expanded their positions by 1,396,757 and 1,498,671 shares, respectively.
Sweetgreen, Inc. Stock Snapshot
Shares of Sweetgreen, Inc. (NYSE:SG) traded near $9.07. The company has a market cap of $1.08 billion and a P/E ratio of 75.58. Its 52-week low is $4.49, and high is $16.70. The stock's 50-day moving average is $7.43, and the 200-day moving average is $6.97. Sweetgreen's beta is 2.16, indicating higher volatility in comparison to the market. The company maintains a current ratio of 1.61 and a quick ratio of 1.50, with a debt-to-equity ratio of 72.83.
Recent Earnings
Sweetgreen reported revenues of $674.69 million with a slight decline in revenue growth of 2.9%. The company achieved a net margin of 2.49% and a return on equity of 3.64%. Its earnings per share stood at $0.12. Sweetgreen is expected to announce its next earnings on August 6, 2026.
Analysts Set New Price Targets
Analysts have mixed views on Sweetgreen. On May 27, 2026, TD Cowen maintained a 'hold' rating with an $8.00 price target. On May 22, JP Morgan upgraded the stock to 'buy' with a target of $13.00. Oppenheimer held a 'buy' rating with a $10.00 target on May 20. The consensus recommendation is 'hold', with an average target price of $7.81 among 13 analysts.
About Sweetgreen, Inc.
Sweetgreen, Inc. operates a chain of fast-food restaurants focused on serving healthy meals and beverages across the United States. Founded in 2006, the company is known for its fresh ingredients and sustainable practices. Sweetgreen allows customers to order through its online platforms and offers gift cards without expiration dates. Headquartered in Los Angeles, California, the company employs approximately 6,486 people and is led by CEO Jonathan Neman.
Bottom Line
Montgomery Moran's recent stock purchase at Sweetgreen highlights ongoing insider interest in the company. Sweetgreen's market position and recent institutional activity suggest a dynamic environment. However, remember that insider and institutional transactions are historical and may not reflect current positions.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
