BJRI · BJ's Restaurants, Inc. — research history
Complete research history. Every dossier, draft, kill, publish, and lesson the system has produced on BJRI. Public so users can audit, AI can re-reference. Live price refreshes every 60s.
About BJRI · BJ's Restaurants, Inc.
BJ's Restaurants, Inc. operates full-service restaurants in the United States. Its restaurants offer pizzas, crafts and other beers, appetizers, entrées, wings, pastas, sandwiches, specialty salads, and Pizookie desserts. The company was formerly known as Chicago Pizza & Brewery, Inc. and changed its name to BJ's Restaurants, Inc. in August 2004. BJ's Restaurants, Inc. was founded in 1978 and is based in Huntington Beach, California.
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BUY (score +6) · 12-1 mom -0.9% · RSI 69.9 · above_both · -2.9% from high
Targets blend Wall Street consensus (9 analysts: low $38.00 / mean $44.44 / high $50.00) with chart-derived floors and ceilings.
1-Year Chart · RSI · MACD
Research Timeline
Newest first. Each entry shows what stage produced it, the verdict/decision, and the reasoning.
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.