Park Avenue Securities LLC holds a $569,000 position in
Domino’s Pizza, Inc. while
Capital Investment Advisors LLC reduced their stake. Domino's stock fell after a sales miss and reduced number of new stores predicted. Notably,
Cwm LLC also holds a significant $907,000 position in the company, with
Gateway Investment Advisers LLC recently taking a $426,000 stake. Shares also fell after the giant pizza chain reported a slowdown in Q3 sales and warned about lower store openings. Investors confidence was further weakened as
Comerica Bank and
DekaBank adjusted their positions by purchasing and selling shares, respectively. Despite unexpected
Q2 results and a
dismal outlook, experts still encourage investors to retain Domino's stocks. Insiders including the EVP, Chief Technology Officer
Kelly Garcia have notably sold their shares.
Evercore ISI reduced Domino's shares target after reviewing the earnings report.
Domino's US business gains and the company's long-term growth potential are key to its recent rise in stock price. Analysts now wonder if the company can maintain this growth, taking into account their
sluggish growth and the stock's recent fall.
Dominos Stocks News Analytics from Thu, 07 Dec 2023 08:00:00 GMT to Sun, 11 Aug 2024 16:04:24 GMT -
Rating -6
- Innovation 5
- Information 7
- Rumor -4
