A Director at Bloomin’ Brands (BLMN) is Selling Shares


Today, a Director at Bloomin’ Brands (BLMN), Mindy Grossman, sold shares of BLMN for $167.6K.

This is Grossman’s first transaction since reporting a Buy transaction on HSNI back in July 2014 Following Mindy Grossman’s last BLMN Sell transaction on May 16, 2014, the stock climbed by 0.5%.

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Based on Bloomin’ Brands’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $965 million and quarterly net profit of $4.07 million. In comparison, last year the company earned revenue of $949 million and had a net profit of $4.34 million. BLMN’s market cap is $1.94B and the company has a P/E ratio of 18.03. The Company has a Price to Book ratio of 38.5991.

Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $21.75, reflecting a 3.0% upside.

The insider sentiment on Bloomin’ Brands has been negative according to 65 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Bloomin’ Brands, Inc. engages in the acquisition, operation, design, and development of restaurant concepts. It operates through the following segments: U.S. and International. The U.S. segment operates in USA and Puerto Rico. The International segment operates in Brazil, South Korea, Hong Kong, and China.

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