Forum Financial Management LP invested a position in Darden Restaurants, Inc. Worth $365,000. Insiders reportedly dumped stocks in Q1 2025. The company’s stocks were leading S&P gainers as consumer spending persisted, bolstered by a partnership with Uber and positive sales outlook. Multiple capital groups and advisory services adjusted their stock positions, with some investing and others selling. Despite concerns over insiders selling $7.0m in stocks, Darden saw a surge in stocks following a sales beat. The company announced a dividend of US$1.40, expanding delivery with Uber. Olive Garden, a subsidiary, continued to drive growth. Q2 Earnings beat estimates and saw a 6% jump in sales. However, some executive members of Darden sold significant amounts of stock, with the director Charles Sonsteby selling $1.64 million and top executives making major moves with the restaurant's stock. Despite this, Wall Street's outlook remains bullish. Guggenheim raised Darden’s stock target to $220. The group saw record high stock value at $202.88. Darden also released a promising Q3 Earnings report.
Darden Restaurants Stocks DRI News Analytics from Sat, 19 Oct 2024 07:00:00 GMT to Sat, 26 Apr 2025 21:21:32 GMT -
Rating 8
- Innovation 3
- Information 7
- Rumor 2
