$BJRI

Elbogen Noah A. sold $194K of BJRI

Elbogen Noah A. sold 4,049 shares of BJs RESTAURANTS INC (BJRI) at $47.85 ($0.19M total) on 2026-05-29.

Original reporting
SEC EDGAR · Elbogen Noah A.
Published Jun 1, 2026, 8:30 PM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Jun 1, 2026, 8:50 PM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
alphai market briefInsider activity
Primary signal
$BJRI
Bearish
low confidence
Mentioned
$BJRI
Relevance
6/10
alphai data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$BJRIBearishLow
01

Why it matters

The disclosure updates insider ownership information but does not introduce new operating, financial, or strategic developments.

02

Market read

Traders may monitor for follow-on insider activity, but this filing alone is unlikely to change valuation expectations.

03

What to watch

The article does not state whether the sale was part of a broader planned program (10b5-1 is marked 'No'), nor does it provide context for taxes, diversification, or personal liquidity needs.

Relevance 6/10Novelty 6/10Timing: Filed 2026-06-01; sale occurred 2026-05-29

Background

This is an SEC Form 4 insider transaction disclosure for BJs Restaurants (BJRI).

Company-level read

Ticker impact

$BJRIBearishLow confidence
Context

Director Noah A. Elbogen sold 4,049 BJRI shares in an open-market transaction disclosed via SEC Form 4 on 2026-05-29.

Expected impact

Low likelihood of a sustained price move; any reaction is likely short-lived unless followed by additional insider activity or fundamental news.

Evidence & confidence

The filing provides a disclosed sale price and size, but no new company-specific operational or financial information.

Market effects

Limited read-across; insider transactions are company-specific and rarely move restaurant peers without corroborating news.

None indicated.

None indicated.

Counterpoint

A director sale can be routine liquidity/portfolio rebalancing and may not reflect bearish expectations, especially without any stated linkage to performance.

Key entities

  • BJs Restaurants Inc

    Subject of the Form 4 insider sale by a director.

  • Noah A. Elbogen

    Director who sold 4,049 shares of BJRI at $47.8500 on 2026-05-29.

Related articles

$BJRIMed

BJ's Restaurants, Inc. Q2 2026 Earnings Call Summary

BJ’s Restaurants reported Q2 2026 results and discussed drivers including 8.3% traffic growth, improved marketing efficiency, and higher Pizookie incidence. Restaurant-level margins rose 20 bps to 17.2% despite a 120 bps headwind from ~20% higher beef costs. The company raised full-year comparable restaurant sales guidance to 3%-4% and plans two new openings in Q4.

$BJRIMedAI 8/10

BJ's Restaurants Q2 Earnings Call Highlights

BJ's Restaurants management said Q2 sales and traffic rose across geographies and dayparts. Mother's Day sales were up more than 8% and Father's Day up more than 3%. Restaurant-level operating margin rose 20 bps to 17.2%. Commodity inflation and higher beef costs pressured cost of sales, but BJ's expects moderation later in 2026. Fiscal 2026 guidance raised: comp sales 3% to 4%, operating profit $228m-$235m, adjusted EBITDA $145m-$152m.

$BJRIMed

BJ’s Restaurants continues traffic-led growth in Q2

BJ’s Restaurants reported Q2 ended June 30 same-store sales up 6.5%, driven by 8.3% traffic growth, and said it has eight straight quarters of sales and traffic gains. Q2 revenues rose 6.4% to $388.9 million, while net income fell to $18.8 million, or $0.86 per share. The company cited marketing and menu innovation, plus two planned unit openings.

$BJRIHighAI 9/10

BJ's Restaurants (BJRI) Q2 2026 Earnings Call Transcript

Thursday, July 30, 2026 at 5:00 p.m. ET CALL PARTICIPANTS Director of SEC Reporting - Rana Schirmer Chief Executive Officer and President - Lyle Tick Chief Financial Officer - Todd Wilson TAKEAWAYS Total Revenue -- $388.9 million, representing a 6.4% increase compared to the prior year. Comparable Restaurant Sales -- 6.5% growth, driven by an 8.3% increase in guest traffic.

$BJRIMedAI 8/10

Orange County Business Journal

BJ’s Restaurants Inc. on Thursday reported second quarter revenue rose 6.4% to $389 million and same-store sales, a key industry metric, increased 6.5%. The Huntington Beach-based company said that the second quarter marked its eighth consecutive quarter of same-store sales growth, driven by an 8.3% jump in traffic during what BJ’s calls its “celebration season.” Chief Executive Lyle Tick said the casual dining chain continues to outperform industry benchmarks (Nasdaq: BJRI).

$BJRIMed

BJ's (BJRI) Shares Skyrocket, What You Need To Know

BJ’s Restaurants (NASDAQ: BJRI) shares rose 6.7% after William Blair upgraded the stock to Outperform, citing expectations for strong Q2 sales momentum. The firm expects BJ’s to deliver its eighth straight quarter of growth in comparable sales and traffic, with comparable sales above the 2.5% consensus and possibly mid-single digits. The article also notes prior results and raised full-year EBITDA guidance.