BLOOMIN' BRANDS ($BLMN) posted quarterly earnings results on Wednesday, May 7th. The company reported earnings of $0.59 per share, beating estimates of $0.57 by $0.02. The company also reported revenue of $1,049,589,999, missing estimates of $1,052,640,683 by $-3,050,684.
You can see Quiver Quantitative's $BLMN stock page to track data on insider trading, hedge fund activity, congressional trading, and more.
BLOOMIN' BRANDS Insider Trading Activity
BLOOMIN' BRANDS insiders have traded $BLMN stock on the open market 4 times in the past 6 months. Of those trades, 3 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $BLMN stock by insiders over the last 6 months:
- MIKE SPANOS (CEO) purchased 118,000 shares for an estimated $1,018,340
- ROHIT LAL purchased 10,000 shares for an estimated $96,199
- PATRICK M HAFNER (EVP, Pres Outback Steakhouse) sold 9,555 shares for an estimated $79,497
- JULIE T. KUNKEL purchased 1,500 shares for an estimated $14,910
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
BLOOMIN' BRANDS Hedge Fund Activity
We have seen 120 institutional investors add shares of BLOOMIN' BRANDS stock to their portfolio, and 134 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- VICTORY CAPITAL MANAGEMENT INC removed 2,104,374 shares (-88.0%) from their portfolio in Q1 2025, for an estimated $15,088,361
- BARCLAYS PLC added 1,885,917 shares (+860.8%) to their portfolio in Q4 2024, for an estimated $23,027,046
- BALYASNY ASSET MANAGEMENT L.P. removed 1,588,818 shares (-76.7%) from their portfolio in Q4 2024, for an estimated $19,399,467
- SCHONFELD STRATEGIC ADVISORS LLC added 1,550,364 shares (+8666.6%) to their portfolio in Q4 2024, for an estimated $18,929,944
- AMERICAN CENTURY COMPANIES INC added 1,522,370 shares (+565.9%) to their portfolio in Q4 2024, for an estimated $18,588,137
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 1,442,964 shares (+385.6%) to their portfolio in Q4 2024, for an estimated $17,618,590
- JENNISON ASSOCIATES LLC removed 1,411,200 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $17,230,752
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
BLOOMIN' BRANDS Price Targets
Multiple analysts have issued price targets for $BLMN recently. We have seen 4 analysts offer price targets for $BLMN in the last 6 months, with a median target of $14.5.
Here are some recent targets:
- An analyst from Barclays set a target price of $11.0 on 02/27/2025
- Dennis Geiger from UBS set a target price of $13.0 on 01/07/2025
- Andrew Strelzik from BMO Capital set a target price of $16.0 on 11/11/2024
- Brian Mullan from Piper Sandler set a target price of $16.0 on 11/11/2024
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.