In a filing, Brinker International, Inc revealed its Director Allen Frances L. unloaded Company’s shares for reported $0.29 million on Jan 30 ’25. In the deal valued at $180.18 per share,1,626 shares were sold. As a result of this transaction, Allen Frances L. now holds 18,414 shares worth roughly $3.48 million.
Then, Allen Frances L. sold 400 shares, generating $74,212 in total proceeds. Upon selling the shares at $185.53, the Director now owns 18,014 shares.
Before that, Davis Cindy L bought 5,802 shares. Brinker International, Inc shares valued at $1,089,964 were divested by the Director at a price of $187.86 per share.
Northcoast upgraded its Brinker International, Inc [EAT] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who decreased its forecast for the stock in late January from “an Overweight” to “a Sector weight”. Argus also remained covering EAT and has increased its forecast on December 24, 2024 with a “Buy” recommendation from previously “Hold” rating. Morgan Stanley revised its rating on December 20, 2024. It rated EAT as “an Equal-weight” which previously was an “an Underweight”.
Price Performance Review of EAT
On Monday, Brinker International, Inc [NYSE:EAT] saw its stock jump 3.94% to $189.14. Over the last five days, the stock has gained 24.58%. Brinker International, Inc shares have risen nearly 42.97% since the year began. Nevertheless, the stocks have risen 342.02% over the past one year. While a 52-week high of $187.08 was reached on 02/03/25, a 52-week low of $42.99 was recorded on 01/02/25. SMA at 50 days reached $139.33, while 200 days put it at $89.97.
Levels Of Support And Resistance For EAT Stock
The 24-hour chart illustrates a support level at 180.69, which if violated will result in even more drops to 172.24. On the upside, there is a resistance level at 193.98. A further resistance level may holdings at 198.82. The Relative Strength Index (RSI) on the 14-day chart is 84.46, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 25.64, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.48%. Stochastics %K at 94.70% indicates the stock is a selling.
How much short interest is there in Brinker International, Inc?
A steep rise in short interest was recorded in Brinker International, Inc stocks on 2025-01-15, growing by 0.11 million shares to a total of 5.16 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 5.05 million shares. There was a rise of 2.18%, which implies that there is a positive sentiment for the stock.
