Why Texas Roadhouse (TXRH) Stock Is Up Today

Texas Roadhouse (TXRH) is up 5.7% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to improving sentiment ahead of the company’s next earnings report, helped by a string of recent analyst upgrades and the view that the stock’s pullback had become overdone. This could also reflect investors refocusing on Texas Roadhouse’s still-strong sales trends and unit growth after earlier controversy around a false online hoax faded.

Details:

The company said on October 8 that it plans to report third-quarter results on November 5, putting investor attention back on a near-term earnings catalyst.

In second-quarter results released in August, revenue rose 11.1% year over year to about $1.68 billion, while comparable restaurant sales increased 6.2% at company restaurants.

Texas Roadhouse also said it operated more than 830 restaurants system-wide as of June 30, 2026, showing that new-unit expansion remains part of the growth story.

Several analysts turned more constructive in October, with upgrades and maintained positive ratings suggesting Wall Street sees the recent weakness as temporary rather than fundamental.

Sources:

Texas Roadhouse Investor Relations, SEC, StreetInsider

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$TXRH Insider Trading Activity

$TXRH insiders have traded $TXRH stock on the open market 12 times in the past 6 months. Of those trades, 0 have been purchases and 12 have been sales.

Here’s a breakdown of recent trading of $TXRH stock by insiders over the last 6 months:

GERALD L. MORGAN (CEO, EXECUTIVE VICE CHAIRMAN) sold 15,000 shares for an estimated $3,032,550
GREGORY N MOORE has made 0 purchases and 2 sales selling 4,250 shares for an estimated $847,635.
CURTIS WARFIELD sold 2,640 shares for an estimated $483,252
LLOYD PAUL MARSHALL (CHIEF GROWTH OFFICER) has made 0 purchases and 2 sales selling 1,500 shares for an estimated $280,665.
DONNA E EPPS sold 820 shares for an estimated $169,379
KEITH HUMPICH (CHIEF ACCT & FIN SVCS OFFCR) sold 819 shares for an estimated $167,166
HUGH J CARROLL sold 650 shares for an estimated $132,593
CHRISTOPHER C. COLSON (CHIEF BUSINESS & ADMIN OFFICER) sold 499 shares for an estimated $89,430
SEAN G RENFROE (GENERAL COUNSEL) sold 426 shares for an estimated $82,017
JANE GROTE ABELL sold 339 shares for an estimated $60,148

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$TXRH Hedge Fund Activity

We have seen 296 institutional investors add shares of $TXRH stock to their portfolio, and 325 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 1,455,728 shares (-93.9%) from their portfolio in Q2 2026, for an estimated $281,290,321
JPMORGAN CHASE & CO added 1,021,501 shares (+inf%) to their portfolio in Q2 2026, for an estimated $197,384,638
STEADFAST CAPITAL MANAGEMENT LP removed 909,109 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $175,667,132
D. E. SHAW & CO., INC. removed 674,009 shares (-56.7%) from their portfolio in Q2 2026, for an estimated $130,238,759
VICTORY CAPITAL MANAGEMENT INC added 624,264 shares (+52.1%) to their portfolio in Q2 2026, for an estimated $120,626,532
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 578,148 shares (+inf%) to their portfolio in Q2 2026, for an estimated $111,715,538
AQR CAPITAL MANAGEMENT LLC added 465,908 shares (+12.9%) to their portfolio in Q2 2026, for an estimated $90,027,402

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$TXRH Congressional Stock Trading

Members of Congress have traded $TXRH stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $TXRH stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 2 times. They made 1 purchase worth up to $15,000 on 06/30 and 1 sale worth up to $15,000 on 08/11.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$TXRH Price Targets

Multiple analysts have issued price targets for $TXRH recently. We have seen 10 analysts offer price targets for $TXRH in the last 6 months, with a median target of $190.0.

Here are some recent targets:

Brian Mullen from Deutsche Bank set a target price of $212.0 on 07/09/2026
Andrew Charles from TD Cowen set a target price of $205.0 on 05/27/2026
Andrew Strelzik from BMO Capital set a target price of $180.0 on 05/21/2026
Gregory Francfort from Guggenheim set a target price of $210.0 on 05/18/2026
Logan Reich from RBC Capital set a target price of $210.0 on 05/15/2026
John Ivankoe from JP Morgan set a target price of $188.0 on 05/14/2026
Chris O'Cull from Stifel set a target price of $180.0 on 05/12/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.