The Regional President of Restaurant Brands International (QSR) is Selling Shares

Yesterday, the Regional President of Restaurant Brands International (QSR), Felipe Athayde, sold shares of QSR for $1.18M.

Following Felipe Athayde’s last QSR Sell transaction on May 07, 2020, the stock climbed by 6.4%. In addition to Felipe Athayde, 3 other QSR executives reported Sell trades in the last month.

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The company has a one-year high of $74.61 and a one-year low of $25.08.

Based on 13 analyst ratings, the analyst consensus is Strong Buy with an average price target of $64.37, reflecting a -10.0% downside.

In the last 30 days, insiders have sold $11.71M worth of QSR shares and purchased $5.79M worth of QSR shares. The insider sentiment on Restaurant Brands International 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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Restaurant Brands International, Inc. is a holding company, which engages in the operation of quick service restaurants. It operates through the following segments: Tim Hortons, Burger King, and Popeyes. The Tim Hortons segment provides donut, coffee, and tea restaurant services. The Burger King segment manages fast food hamburger restaurant. The Popeyes segment handles chicken category of the quick service segment of the restaurant industry. The company was founded on August 25, 2014 and is headquartered in Toronto, Canada.

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