A Brinker Director Sold Near the Stock's Peak. Here's What to Know
One Brinker insider sold shares this past week following a 52% stock rally over the past year.
Overview
Cindy L. Davis, a director at Brinker International, Inc. (NYSE:EAT), disclosed a sale of 1,775 shares of common stock on August 13, according to an SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($248.92); post-transaction value based on the August 13 market close ($238.61).
Details
Brinker International is a leading casual dining restaurant operator with a portfolio of over 1,600 restaurants generating $5.7 billion in TTM revenue. The company's diversified brand portfolio and established market presence position it competitively within the casual dining segment, supported by strong operational execution and brand loyalty. With a market capitalization of $10.2 billion and a 52% one-year stock price appreciation, the company demonstrates robust investor confidence and operational momentum.
Source
Originally published at www.fool.com.