Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Brinker International, Inc shares valued at $1,409,250 were purchased by Comings Douglas N. on Feb 06 ’25. At $187.90 per share, Comings Douglas N. acquired 7,500 shares.
Also, Davis Cindy L sold 5,802 shares, netting a total of over 1,089,964 in proceeds. Following the sale of shares at $187.86 each, the insider now holds 11,107 shares.
Before that, Allen Frances L. had sold 1,626 shares from its account. In a trade valued at $292,973, the Director traded Brinker International, Inc shares for $180.18 each. Upon closing the transaction, the insider’s holdings decreased to 1,626 shares, worth approximately $3.36 million.
As published in a research note from Northcoast on January 30, 2025, Brinker International, Inc [EAT] has been rated up from a Neutral to a Buy and the price target has been revised to $215. Analysts at KeyBanc Capital Markets downgraded the stock from ‘”an Overweight”‘ to ‘”a Sector weight”‘ outlook in a report released in late January. As of December 24, 2024, Argus has increased its “Hold” rating to a “Buy” for EAT. Earlier on December 20, 2024, Morgan Stanley upgraded its rating. Their new recommendation was “an Equal-weight” for EAT stock which previously was a “an Underweight”.
Analyzing EAT Stock Performance
During the last five days, there has been a drop of approximately -0.12%. Over the course of the year, Brinker International, Inc shares have jumped approximately 37.79%. Shares of the company reached a 52-week high of $192.21 on 02/04/25 and a 52-week low of $133.00 on 01/02/25. A 50-day SMA is recorded $143.08, while a 200-day SMA reached $92.08. Nevertheless, trading volume fell to 1.19 million shares from 0.79 million shares the previous day.
Support And Resistance Levels for Brinker International, Inc (EAT)
According to the 24-hour chart, there is a support level at 178.99, which, if violated, would cause prices to drop to 175.71. In the upper region, resistance lies at 187.28. The next price resistance is at 192.29. RSI (Relative Strength Index) is 73.70 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 18.05, which suggests the price will increase in the coming days. Percent R is at 20.32%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
