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darden restaurants insider trading and institutional investment updates
Darden Restaurants' CFO sold shares at an average price of $181.71, reducing their ownership by 41.33% to 10,262 shares valued at approximately $1.86 million. Insiders sold a total of 52,926 shares worth $9.85 million last quarter, with institutional investors holding 93.64% of the stock. Analysts have raised Darden's price targets, with a consensus rating of "Moderate Buy" and an average target of $201.36.
darden restaurants insider trading and institutional investment activity update
Insiders at Darden Restaurants sold a total of 52,926 shares valued at $9.85 million last quarter, reducing their ownership to 0.58%. Institutional investors hold 93.64% of the stock, with Citigroup raising its price target to $229, indicating a potential upside of 15.01%. The company reported a quarterly EPS of $2.80, meeting expectations, with revenue of $3.16 billion, a 6.2% increase year-over-year.
darden restaurants insider sales and hedge fund activity update
Darden Restaurants' senior vice president now holds 4,567 shares valued at $843,433.56, reflecting a 66.98% decrease in ownership. Insiders have sold 52,926 shares worth $9.85 million recently, while institutional investors own 93.64% of the stock. Analysts have raised price targets for DRI, with Barclays setting a new target of $235, indicating an 18.11% potential upside.
darden restaurants insider sales and institutional investments update
Darden Restaurants' CFO sold shares at an average price of $181.71, reducing their stake by 41.33% to 10,262 shares valued at $1.86 million. Insiders sold 52,926 shares worth $9.85 million last quarter, while institutional investors hold 93.64% of the stock. Analysts have raised price targets, with UBS Group now forecasting a target of $225, indicating a potential upside of 13.24%.
darden restaurants insider trading activity and analyst price target updates
Darden Restaurants' CFO now owns 10,262 shares valued at $1.86 million, reflecting a 41.33% decrease in ownership. Insiders sold 52,926 shares worth $9.85 million last quarter, with 0.58% of stock held by insiders, while institutional investors own 93.64%. Morgan Stanley raised the price target for DRI to $217, indicating a potential upside of 9.23%.