{
  "symbol": "BJRI",
  "company": "BJ's Restaurants, Inc.",
  "generated_at": "2026-06-24T07:36:45.737Z",
  "event_count": 1,
  "events": [
    {
      "type": "scout_dossier",
      "ts": "2026-06-23T06:41:56.704Z",
      "summary": "The investigation was triggered by a cluster of 10 Form 4 filings in 14 days. All transactions on 06/18/2026 involved executives exercising multi-year-old stock options (M codes at $31-$39 strikes) and immediately selling shares (S codes), plus directors receiving RSU grants that vest June 2027. There are zero open-market P (purchase) trades from any insider in this cluster — not one. This is a phantom smart-money signal driven by scheduled compensation events (option expiry, annual RSU vesting), not conviction buying. BJRI has been on an exceptional run (+71% YTD to near 52-week highs at $54.72) with RSI(14)=78.2 entering Q2 earnings on 07/30/2026. The stock is within ~3% of its all-time high, the forward P/E (21x) sits slightly above casual-dining sector norms (~18-20x), and earnings growth has been negative year-over-year (-29%). Meanwhile, heavy insider selling at $55+ prices suggests those closest to the business view current levels as an exit opportunity. A new Brand President hire from Darden/LongHorn is a legitimate positive catalyst but doesn't change the near-term risk/reward given valuation and momentum extremes.",
      "verdict": "no_anomaly",
      "confidence": 5,
      "tool_calls": 22,
      "walltime_min": 12,
      "debug_path": "dossiers/2026-06-23-BJRI.scout.debug.json"
    }
  ],
  "lessons": [],
  "chart_signal": {
    "ticker": "BJRI",
    "call": "BUY",
    "confidence": 5,
    "score": 6,
    "factors": {
      "above_200dma": "+2",
      "above_50dma": "+1",
      "momentum_flat": "0 (-0.9%)",
      "rsi_neutral": "0 (69.9)",
      "macd_above_signal": "+1",
      "recent_macd_bullish_cross": "+1 (7d ago)",
      "near_52w_high": "+1 (-2.9% from high)"
    },
    "summary": "BUY (score +6) · 12-1 mom -0.9% · RSI 69.9 · above_both · -2.9% from high",
    "last_close": 53.16,
    "one_month_ago_close": 44.4,
    "twelve_month_ago_close": 44.8,
    "twelve_one_momentum_pct": -0.89,
    "rsi_14": 69.9,
    "ma_stack": "above_both",
    "from_period_high_pct": -2.85,
    "period_high": 54.72,
    "price_targets": {
      "bear": 38,
      "fair": 46.95,
      "bull": 62.93,
      "bear_return_pct": -28.5,
      "fair_return_pct": -11.7,
      "bull_return_pct": 18.4,
      "method": "street_targets ⨯ chart_floors",
      "street": {
        "target_low": 38,
        "target_mean": 44.44444,
        "target_high": 50,
        "analyst_count": 9
      }
    },
    "generated_at": "2026-06-24T07:36:45.734Z"
  }
}