BJ’s restaurants director acquires $30,525 in common stock

Richmond C Bradford, a director at BJ’s Restaurants Inc. (NASDAQ:BJRI), recently acquired shares of the company’s common stock, according to a Form 4 filing with the Securities and Exchange Commission.

On September 2, 2026, Mr. Bradford purchased 500 shares of common stock at a price of $61.05 per share. This transaction amounted to a total value of $30,525. The shares are held indirectly by an irrevocable trust, with Mr. Richmond maintaining investment control over them.The insider purchase comes as BJRI shares trade near $60.71, with the stock delivering impressive returns of 79% over the past year and 69% over the last six months. According to InvestingPro analysis, which tracks over 1,400 US equities with comprehensive metrics, the stock currently appears overvalued relative to its Fair Value estimate. Investors can access the full Most Overvalued stocks list and detailed Pro Research Reports for deeper insights.

The filing also noted a disposal of 2,955 shares of common stock, which includes unvested Restricted Stock Units.

The transaction was signed by Rana Schirmer, Attorney-in-Fact, on September 2, 2026.

In other recent news, BJ’s Restaurants reported second-quarter revenue of $388.9 million, surpassing Wall Street’s forecast of $374.55 million. The company’s same-store sales increased by 6.5%, driven by an 8.3% rise in customer traffic. Despite facing food inflation, BJ’s Restaurants managed to expand its restaurant-level margins. Analyst firm Mizuho raised its price target for BJ’s Restaurants to $74, citing successful management turnaround and increased visibility into sustained sales growth. Benchmark also increased its price target to $80, maintaining a Buy rating, reflecting confidence in the company’s traffic growth and revenue performance. DA Davidson adjusted its price target to $65, highlighting strong seasonal demand for Pizookies and improvements in operational execution. These developments reflect a positive outlook from analysts regarding BJ’s Restaurants’ recent performance.