DARDEN RESTAURANTS ($DRI) posted quarterly earnings results on Thursday, March 20th. The company reported earnings of $2.80 per share, missing estimates of $2.82 by $0.02. The company also reported revenue of $3,158,000,000, missing estimates of $3,249,287,624 by $-91,287,624.
You can see Quiver Quantitative's $DRI stock page to track data on insider trading, hedge fund activity, congressional trading, and more.
DARDEN RESTAURANTS Insider Trading Activity
DARDEN RESTAURANTS insiders have traded $DRI stock on the open market 22 times in the past 6 months. Of those trades, 0 have been purchases and 22 have been sales.
Here’s a breakdown of recent trading of $DRI stock by insiders over the last 6 months:
- RICARDO CARDENAS (President and CEO) has made 0 purchases and 2 sales selling 42,403 shares for an estimated $7,279,874.
- DANIEL J. KIERNAN (President, Olive Garden) sold 20,665 shares for an estimated $3,552,286
- MATTHEW R BROAD (SVP General Counsel) has made 0 purchases and 2 sales selling 17,119 shares for an estimated $3,140,531.
- TODD BURROWES (President, Business Developmt) has made 0 purchases and 2 sales selling 15,783 shares for an estimated $2,888,792.
- MELVIN JOHN MARTIN (President, SRG) has made 0 purchases and 3 sales selling 14,470 shares for an estimated $2,605,343.
- DOUGLAS J. MILANES (SVP, Chief Supply Chain Ofcr) has made 0 purchases and 2 sales selling 13,597 shares for an estimated $2,527,929.
- SUSAN M. CONNELLY (SVP, Chief Comm & PA Officer) has made 0 purchases and 2 sales selling 12,584 shares for an estimated $2,253,451.
- LAURA B WILLIAMSON (President, LongHorn Steakhouse) has made 0 purchases and 4 sales selling 8,058 shares for an estimated $1,392,777.
- RAJESH VENNAM (SVP, CFO) sold 7,228 shares for an estimated $1,313,374
- JOHN W. MADONNA (SVP, Corporate Controller) sold 4,735 shares for an estimated $818,959
- NANA MENSAH sold 1,171 shares for an estimated $201,292
- M SHAN ATKINS sold 1,100 shares for an estimated $199,217
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
DARDEN RESTAURANTS Hedge Fund Activity
We have seen 385 institutional investors add shares of DARDEN RESTAURANTS stock to their portfolio, and 498 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MIZUHO SECURITIES USA LLC removed 8,849,864 shares (-99.9%) from their portfolio in Q4 2024, for an estimated $1,652,181,110
- VICTORY CAPITAL MANAGEMENT INC removed 1,153,875 shares (-87.7%) from their portfolio in Q4 2024, for an estimated $215,416,923
- UBS GROUP AG added 1,019,722 shares (+196.9%) to their portfolio in Q4 2024, for an estimated $190,371,900
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/ removed 875,533 shares (-59.6%) from their portfolio in Q4 2024, for an estimated $163,453,255
- CITADEL ADVISORS LLC removed 507,878 shares (-87.3%) from their portfolio in Q4 2024, for an estimated $94,815,743
- BALYASNY ASSET MANAGEMENT L.P. added 428,744 shares (+inf%) to their portfolio in Q4 2024, for an estimated $80,042,217
- STEADFAST CAPITAL MANAGEMENT LP removed 414,172 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $67,978,050
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
DARDEN RESTAURANTS Congressional Stock Trading
Members of Congress have traded $DRI stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $DRI stock by members of Congress over the last 6 months:
- REPRESENTATIVE ROBERT BRESNAHAN sold up to $15,000 on 01/13.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
DARDEN RESTAURANTS Analyst Ratings
Wall Street analysts have issued reports on $DRI in the last several months. We have seen 3 firms issue buy ratings on the stock, and 2 firms issue sell ratings.
Here are some recent analyst ratings:
- BTIG issued a "Buy" rating on 12/20/2024
- Jefferies issued a "Underperform" rating on 12/19/2024
- Morgan Stanley issued a "Overweight" rating on 12/17/2024
- Wedbush issued a "Underperform" rating on 10/14/2024
- Benchmark issued a "Buy" rating on 09/23/2024
To track analyst ratings and price targets for DARDEN RESTAURANTS, check out Quiver Quantitative's $DRI forecast page.
DARDEN RESTAURANTS Price Targets
Multiple analysts have issued price targets for $DRI recently. We have seen 3 analysts offer price targets for $DRI in the last 6 months, with a median target of $209.0.
Here are some recent targets:
- Brian Harbour from Morgan Stanley set a target price of $209.0 on 12/19/2024
- Mark Hughes from Truist Financial set a target price of $275.0 on 09/23/2024
- Aaron Raker from Wells Fargo set a target price of $175.0 on 09/23/2024
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.
