Darden Restaurants Inc (DRI) Files Form 4 Insider Selling : Alan N Stillman Sells 2,000 Shares

Darden Restaurants Inc (DRI): Alan N Stillman , director of Darden Restaurants Inc sold 2,000 shares on Apr 12, 2016. The Insider selling transaction was reported by the company on Apr 14, 2016 to the Securities and Exchange Commission. The shares were sold at $63.50 per share for a total value of $127,000.00 according the SEC Form 4 Filing.

Company has been under the radar of several Street Analysts.Darden Restaurants is Reiterated by Maxim Group to Buy while Lowering the Price Target of the company shares to $ 77 from a previous price target of $79 . The Rating was issued on Apr 6, 2016.Darden Restaurants is Reiterated by Barclays to Overweight while Lowering the Price Target of the company shares to $ 80 from a previous price target of $81 . The Rating was issued on Apr 6, 2016.Darden Restaurants is Reiterated by Maxim Group to Buy and the brokerage firm has raised the Price Target to $ 79 from a previous price target of $70 .The Rating was issued on Mar 11, 2016.Darden Restaurants is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 70 from a previous price target of $68 .The Rating was issued on Mar 10, 2016.Darden Restaurants is Reiterated by Maxim Group to Buy while Lowering the Price Target of the company shares to $ 70 from a previous price target of $73 . The Rating was issued on Feb 16, 2016.

Currently the company Insiders own 10.05% of Darden Restaurants shares according to the proxy statements.Institutional Investors own 89.3% of Darden Restaurants shares.During last six month period, the net percent change held by insiders has seen a change of 9.09%.

Shares of Darden Restaurants (DRI) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -0.05 points or -0.08% at $64.74 with 35,73,631 shares getting traded. Post opening the session at $65.25, the shares hit an intraday low of $64.73 and an intraday high of $66.1 and the price vacillated in this range throughout the day. The company has a market cap of $8,204 M and the number of outstanding shares has been calculated to be 12,67,25,709 shares. The 52-week high of Darden Restaurants is $68.62 and the 52-week low is $53.38.

Darden Restaurants Money Flow Index Chart

Darden Restaurants Inc. is a full service restaurant company. The Company owns and operates more than 1500 restaurants. The Company’s restaurant brands include Olive Garden LongHorn Steakhouse Bahama Breeze Seasons 52 The Capital Grille Eddie V’s Prime Seafood Wildfish Seafood Grill and Yard House. Through subsidiaries the Company owns and operates all of its restaurants in the United States and Canada except for three restaurants located in Florida and three restaurants in California which are owned jointly by the Company and third parties and managed by the Company seven franchised restaurants in Puerto Rico and one Atlanta Georgia airport location.

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