Today it was reported that the Exec. Chairman of Dunkin’ Brands (NASDAQ: DNKN), Nigel Travis, exercised options to sell 255,427 DNKN shares at $3.02 a share, for a total transaction value of $17.68M.
Following Nigel Travis’ last DNKN Sell transaction on May 07, 2018, the stock climbed by 5.9%. In addition to Nigel Travis, one other DNKN executive reported Sell trades in the last month.
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Based on Dunkin’ Brands’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $351 million and quarterly net profit of $60.5 million. In comparison, last year the company earned revenue of $219 million and had a net profit of $55.7 million. DNKN’s market cap is $5.76B and the company has a P/E ratio of 17.46. Currently, Dunkin’ Brands has an average volume of 1.04M.
Based on 12 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $72.45, reflecting a -2.6% downside. Four different firms, including Goldman Sachs and Jefferies, currently also have a Sell rating on the stock.
The insider sentiment on Dunkin’ Brands 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.
Nigel Travis’ trades have generated a 11.4% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Dunkin’ Brands Group, Inc. operates as a franchisor of quick service restaurants, which engages in the service of hot and cold coffee, baked goods, and ice cream. It operates through the following segments: Dunkin’ Donuts U.S., Dunkin’ Donuts International, Baskin-Robbins International, and Baskin-Robbins U.S. The company was founded on November 22, 2005 and is headquartered in Canton, MA.
