A Director at Dine Brands Global Inc (DIN) is Buying Shares


Today, a Director at Dine Brands Global Inc (NYSE: DIN), Richard Dahl, bought shares of DIN for $102.2K.

Following this transaction Richard Dahl’s holding in the company was increased by 4.01% to a total of $3.53 million. In addition to Richard Dahl, 2 other DIN executives reported Buy trades in the last month.

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Based on Dine Brands Global Inc’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $188 million and quarterly net profit of $16.51 million. In comparison, last year the company earned revenue of $156 million and had a net profit of $14.1 million. Currently, Dine Brands Global Inc has an average volume of 266.7K.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $87.33, reflecting a -22.2% downside. Eight different firms, including C.L. King and J.P. Morgan, currently also have a Buy rating on the stock. Starting in March 2018, DIN received 4 Buy ratings in a row.

In the last 30 days, insiders have sold $1.39M worth of DIN shares and purchased $102.2K worth of DIN shares. The insider sentiment on Dine Brands Global Inc has been negative according to 29 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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Dine Brands Global, Inc. owns and franchises casual and family dining restaurants. It operates through four segments: Franchise Operations, Rental operations, Company Restaurant Operations, and Financing Operations. The Franchise Operations segment comprises of royalties, fees, and other income for Applebee’s and IHOP franchised and area licensed restaurants.

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