Restaurant Brands International Inc’s recently made public that its President, International SANTELMO THIAGO T unloaded Company’s shares for reported $0.23 million on Jan 06 ’25. In the deal valued at $64.20 per share,3,511 shares were sold. As a result of this transaction, SANTELMO THIAGO T now holds 32,937 shares worth roughly $2.19 million.
Then, SCHWAN AXEL MR sold 5,019 shares, generating $322,247 in total proceeds. Upon selling the shares at $64.20, the Pres., Tim Hortons Americas now owns 105,311 shares.
Before that, Granat Jill sold 6,675 shares. Restaurant Brands International Inc shares valued at $428,549 were divested by the insider at a price of $64.20 per share. As a result of the transaction, Granat Jill now holds 403,309 shares, worth roughly $26.77 million.
Guggenheim upgraded its Restaurant Brands International Inc [QSR] rating to a Buy from a a Neutral in a research note published on January 24, 2025; the price target was decreased to $71 from $74. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who remained covering the stock and in late October has reiterated a ‘”an Outperform”‘ rating for it. Goldman began covering QSR with “Buy” recommendation on June 13, 2024. Bernstein revised its rating on November 30, 2023. It rated QSR as “an Outperform” which previously was an “a Mkt perform”.
Price Performance Review of QSR
On Monday, Restaurant Brands International Inc [NYSE:QSR] saw its stock jump 3.48% to $66.37. Over the last five days, the stock has gained 7.57%. Restaurant Brands International Inc shares have risen nearly 1.83% since the year began. Nevertheless, the stocks have fallen -13.63% over the past one year. While a 52-week high of $83.29 was reached on 01/02/25, a 52-week low of $59.67 was recorded on 02/03/25. SMA at 50 days reached $65.08, while 200 days put it at $69.05.
Levels Of Support And Resistance For QSR Stock
The 24-hour chart illustrates a support level at 65.04, which if violated will result in even more drops to 63.70. On the upside, there is a resistance level at 67.11. A further resistance level may holdings at 67.84. The Relative Strength Index (RSI) on the 14-day chart is 68.54, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.30, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.05%. Stochastics %K at 89.10% indicates the stock is a selling.
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 2025-01-15, dropping by 3536.0 shares to a total of 6.84 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 6.85 million shares. There was a decline of -0.05%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 19, 2023 when Deutsche Bank began covering the stock and recommended ‘”a Buy”‘ rating along with a $75 price target.
