Dunkin’ Brands Group, Inc. (DNKN): John H Costello , President, Global Mktg & Innov of Dunkin’ Brands Group, Inc. sold 52,757 shares on May 2, 2016. The Insider selling transaction was reported by the company on May 4, 2016 to the Securities and Exchange Commission. The shares were sold at $46.63 per share for a total value of $2,460,059.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 3, 2016, Scott Murphy (SVP, OPS, DD US & CAN) sold 7,500 shares at $46.90 per share price.On Aug 10, 2015, Paul C Carbone (Chief Financial Officer) sold 7,465 shares at $53.12 per share price.Also, On Aug 4, 2015, Richard J Emmett (Chief Legal and HR Officer) sold 5,000 shares at $54.94 per share price.On Aug 4, 2015, Nigel Travis (CEO & Chairman) sold 60,000 shares at $54.56 per share price.
Dunkin Brands Group Inc: On Wednesday, May 4, 2016 heightened volatility was witnessed in Dunkin Brands Group Inc which led to swings in the share price. The shares opened for trading at $46.13 and hit $47.1 on the upside , eventually ending the session at $46.92, with a gain of 1.47% or 0.68 points. The heightened volatility saw the trading volume jump to 16,41,377 shares. The 52-week high of the share price is $56.79 and the company has a market cap of $4,301 M . The 52-week low of the share price is at $36.44.
Company has been under the radar of several Street Analysts.Dunkin Brands Group Inc is Reiterated by Wedbush to Neutral and the brokerage firm has raised the Price Target to $ 47 from a previous price target of $43 .The Rating was issued on Apr 29, 2016.Dunkin Brands Group Inc is Initiated by Nomura to Neutral and the brokerage firm has set the Price Target at $46. The Rating was issued on Apr 20, 2016.Dunkin Brands Group Inc is Downgraded by Credit Agricole to Outperform. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 13, 2016.Dunkin Brands Group Inc is Downgraded by Guggenheim to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Mar 7, 2016.Dunkin Brands Group Inc is Downgraded by CL King to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Feb 18, 2016.
Dunkin Brands Group Inc. is a franchisor of quick service restaurants (QSRs) serving hot and cold coffee and baked goods as well as hard serve ice cream. The Company franchises restaurants under its Dunkin’ Donuts and Baskin-Robbins brands. The Company operates business through four segments: Dunkin’ Donuts-U.S. Dunkin’ Donuts International Baskin-Robbins International and Baskin-Robbins-U.S. Dunkin’ Donuts-U.S. segment is a United States QSR concept and markets donut and bagel categories for servings. In addition it has APODs such as self-service kiosks in grocery stores hospitals airports offices and other smaller-footprint properties. Baskin-Robbins-U.S. segment is one of the QSR chains in the United States for servings of hard-serve ice cream and develops and sells a range of frozen ice cream treats such as cones cakes sundaes and frozen beverages. It has approximately 11310 Dunkin’ Donuts and over 7552 Baskin-Robbins points of distribution.