Darden Restaurants, Inc. (NYSE:DRI) has been the center of divergent opinions, reflected through mixed signals from analysts. Reports have emerged of insiders selling considerable amounts of stock including: Laura B. Williamson, Olive Garden's president, and the company's CFO, who divested of $68,839; $17k; and $1.28m worth of stock, respectively. Meanwhile, numerous investment firms are either increasing or decreasing their DRI holdings with significant stake changes. Notably, Avantax Advisory Services, Knights of Columbus Asset Advisors, Lifeworks Advisors, Geneos Wealth Management, and others, have boosted their shares in
Darden Restaurants. Contrastingly, Pacer Advisors, Applied Finance Capital, Universal Beteiligungs und Servicegesellschaft, and others, have reduced their stakes. Reports suggest
Darden's stock hit a record of $221.25 and showed strong performance in the consumer discretionary sector. Opinions about the stock's performance are split with
predictions of growth in 2025 but also cautionary warnings about high valuations. The company remains a key player in the restaurant stocks group according to hedge funds, despite some Wall Street analysts urging caution. The firm is also expanding delivery services with a partnership with Uber, while senior executives have cashed in on stock sales.
Darden Restaurants Stocks DRI News Analytics from Thu, 19 Dec 2024 08:00:00 GMT to Sat, 02 Aug 2025 09:10:11 GMT -
Rating 4
- Innovation -3
- Information 6
- Rumor -2
