The EVP & President of Chili’s of Brinker International (EAT) is Selling Shares


Today, the EVP & President of Chili’s of Brinker International (NYSE: EAT), Kelli Valade, sold shares of EAT for $212.7K.

Following Kelli Valade’s last EAT Sell transaction on February 13, 2017, the stock climbed by 4.9%.

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Based on Brinker International’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $817 million and quarterly net profit of $43.72 million. In comparison, last year the company earned revenue of $811 million and had a net profit of $50.58 million. EAT’s market cap is $1.94B and the company has a P/E ratio of 17.15. Currently, Brinker International has an average volume of 1.03M.

Based on 6 analyst ratings, the analyst consensus is Hold with an average price target of $47.67, reflecting a 3.6% upside.

In the last 30 days, insiders have sold $212.7K worth of EAT shares and purchased $282.9K worth of EAT shares.

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Brinker International, Inc. engages in owning, developing, and franchising Chili’s Grill and Bar and Maggiano’s Little Italy restaurant brands. It operates through the following segments: Chili’s, and Maggiano’s.

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