Darden Restaurants (DRI) : Darden Restaurants (DRI) had a healthy money flow of $0.65 million into the stock during the Tuesdays trading session. The value of bullish trades on upticks was $10.42 million, whereas, investors only sold shares worth $9.76 million on downticks. The stock closed the day with an up-down ratio of 1.07.The money flow in the block trades to the tune of $1.62 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $1.62 million worth of transactions were on upticks. Darden Restaurants (DRI) stock slid $0.1 intraday and traded at 62.52, a change of -0.16% over previous days close. However, for the week, the company shares are 0.79% compared to previous weeks close.
The company Insiders own 10.05% of Darden Restaurants shares according to the proxy statements. Institutional Investors own 92.79% of Darden Restaurants shares. During last six month period, the net percent change held by insiders has seen a change of -39.22%. In an insider trading activity,The director of Darden Restaurants Inc, Stillman Alan N sold 2,000 shares at $65.3 on April 12, 2016. The Insider selling transaction had a total value worth of $130,600. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Shares of Darden Restaurants, Inc. appreciated by 3.06% during the last five trading days but lost 6.55% on a 4-week basis. Darden Restaurants, Inc. has dropped 3.81% during the last 3-month period . Year-to-Date the stock performance stands at 1.14%.
Darden Restaurants (NYSE:DRI): stock turned positive on Tuesday. Though the stock opened at $62.97, the bulls momentum made the stock top out at $62.97 level for the day. The stock recorded a low of $62.4 and closed the trading day at $62.8, in the green by 0.29%. The total traded volume for the day was 2,479,657. The stock had closed at $62.62 in the previous days trading.
Darden Restaurants, Inc. is a full service restaurant company. The Company owns and operates more than 1,500 restaurants. The Companys restaurant brands include Olive Garden, LongHorn Steakhouse, Bahama Breeze, Seasons 52, The Capital Grille, Eddie Vs 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.