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2 clusters · 2 sources · 9 days · First seen · Last updated

Darden Restaurants investor and insider activity

Overview

Darden Restaurants, Inc. has seen notable shifts in investor activity. Chief People Officer Sarah H. King sold 4,373 shares for approximately $920,200 at a weighted average price of $210.42, reducing her direct holdings to 742 shares while maintaining exposure through derivative securities.

Concurrently, institutional interest has grown, with Edgestream Partners L.P. acquiring a new stake of 19,499 shares valued at roughly $3.8 million. Other institutional entities, including Meridian Wealth Management and Sanctuary Advisors, have also taken positions. Following these movements, several analysts from Citigroup, Guggenheim, and Deutsche Bank raised their price targets for the company's stock.

Entities

Sarah H. King · Darden Restaurants, Inc. · Joseph Mansueto · Morningstar, Inc. · Edgestream Partners L.P.

Timeline

  1. 10 days ago

    [BUSINESS] 2 sources
    Darden and Morningstar executives execute notable stock sales

    Executives at Darden Restaurants and Morningstar, Inc. have completed notable stock sales via SEC filings and pre-arranged trading plans.

  2. 19 days ago

    [BUSINESS] 2 sources
    Darden Restaurants insider sale and fresh institutional stake raise market interest

    Darden Restaurants saw an insider sale of 4,373 shares by Sarah King and a new 19,499‑share stake by Edgestream Partners, amid broader institutional buying and analyst target hikes.

Sources

otravel.com · stocknews.com