Institutional Investors Purchase Chipotle Mexican Grill Shares
Connor Clark & Lunn Investment Management Ltd. bought 203,070 shares of Chipotle Mexican Grill for about $6.9 million, and Merkkuri Wealth Advisors LLC added a new position valued around $28,000. After the transactions, an insider owned 21,415 shares. Chipotle reported quarterly revenue up 9.3% year over year, while several analysts reiterated or raised buy ratings.