Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Restaurant Brands International Inc shares valued at $225,426 were sold by SANTELMO THIAGO T on Jan 06 ’25. At $64.20 per share, SANTELMO THIAGO T sold 3,511 shares. The insider’s holdings dropped to 32,937 shares worth approximately $2.11 million following the completion of this transaction.
Also, SCHWAN AXEL MR sold 5,019 shares, netting a total of over 322,247 in proceeds. Following the sale of shares at $64.20 each, the insider now holds 105,311 shares.
Before that, Granat Jill had sold 6,675 shares from its account. In a trade valued at $428,549, the insider traded Restaurant Brands International Inc shares for $64.20 each. Upon closing the transaction, the insider’s holdings decreased to 6,675 shares, worth approximately $25.85 million.
As published in a research note from Guggenheim on January 24, 2025, Restaurant Brands International Inc [QSR] has been rated up from a Neutral to a Buy and the price target has been revised to $71 from $74. Analysts at Oppenheimer resumed the stock at ‘”an Outperform”‘ outlook in a report released in late October. As of June 13, 2024, Goldman has initiated its “Buy” rating for QSR. Earlier on November 30, 2023, Bernstein upgraded its rating. Their new recommendation was “an Outperform” for QSR stock which previously was a “a Mkt perform”.
Analyzing QSR Stock Performance
During the last five days, there has been a surge of approximately 2.59%. Over the course of the year, Restaurant Brands International Inc shares have dropped approximately -1.67%. Shares of the company reached a 52-week high of $66.52 on 01/02/25 and a 52-week low of $59.67 on 02/03/25. A 50-day SMA is recorded $65.25, while a 200-day SMA reached $69.13. Nevertheless, trading volume fell to 2.5 million shares from 1.62 million shares the previous day.
Support And Resistance Levels for Restaurant Brands International Inc (QSR)
According to the 24-hour chart, there is a support level at 62.68, which, if violated, would cause prices to drop to 61.27. In the upper region, resistance lies at 65.21. The next price resistance is at 66.33. RSI (Relative Strength Index) is 57.67 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.01, which suggests the price will increase in the coming days. Percent R is at 15.81%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
