Restaurant Brands International Inc’s recent filing unveils that its Executive Chairman DOYLE J PATRICK unloaded Company’s shares for reported $2.91 million on Nov 21 ’24. In the deal valued at $69.18 per share,42,052 shares were sold. As a result of this transaction, DOYLE J PATRICK now holds 127,001 shares worth roughly $8.79 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, CURTIS THOMAS BENJAMIN sold 6,536 shares, generating $448,582 in total proceeds. Upon selling the shares at $68.63, the insider now owns 37,179 shares.
Before that, SCHWAN AXEL MR sold 36,000 shares. Restaurant Brands International Inc shares valued at $2,535,934 were divested by the Pres., Tim Hortons Americas at a price of $70.44 per share. As a result of the transaction, SCHWAN AXEL MR now holds 97,479 shares, worth roughly $6.75 million.
Oppenheimer reiterated its Restaurant Brands International Inc [QSR] rating to an Outperform in a research note published on October 22, 2024; the price target was $86. A number of analysts have revised their coverage, including Goldman’s analysts, who began to cover the stock in mid June with a ‘”a Buy”‘ rating. Bernstein also remained covering QSR and has increased its forecast on November 30, 2023 with a “an Outperform” recommendation from previously “Mkt perform” rating. Deutsche Bank started covering the stock on October 19, 2023. It rated QSR as “a Buy”.
Price Performance Review of QSR
On Tuesday, Restaurant Brands International Inc [NYSE:QSR] saw its stock fall -0.86% to $69.21. Over the last five days, the stock has lost -0.35%. Restaurant Brands International Inc shares have fallen nearly -11.42% since the year began. Nevertheless, the stocks have fallen -1.63% over the past one year. While a 52-week high of $83.29 was reached on 03/13/24, a 52-week low of $65.87 was recorded on 05/30/24. SMA at 50 days reached $70.23, while 200 days put it at $71.94.
Levels Of Support And Resistance For QSR Stock
The 24-hour chart illustrates a support level at 68.64, which if violated will result in even more drops to 68.08. On the upside, there is a resistance level at 70.04. A further resistance level may holdings at 70.88. The Relative Strength Index (RSI) on the 14-day chart is 48.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.70, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 30.14%. Stochastics %K at 77.13% indicates the stock is a holding.
How much short interest is there in Restaurant Brands International Inc?
A steep rise in short interest was recorded in Restaurant Brands International Inc stocks on 2024-11-15, growing by 0.73 million shares to a total of 7.41 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 6.68 million shares. There was a rise of 9.9%, which implies that there is a positive sentiment for the stock.
