Brinker International, Inc’s recently made public that its Officer Comings Douglas N. acquired Company’s shares for reported $2.06 million on Feb 13 ’25. In the deal valued at $159.57 per share,12,931 shares were bought.
Then, Comings Douglas N. sold 7,500 shares, generating $1,253,250 in total proceeds. Upon selling the shares at $167.10, the SVP & COO, Chili’s now owns 26,752 shares.
Before that, Ranade Prashant sold 5,700 shares. Brinker International, Inc shares valued at $1,009,413 were divested by the Director at a price of $177.09 per share. As a result of the transaction, Ranade Prashant now holds 12,137 shares, worth roughly $1.92 million.
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 Friday, Brinker International, Inc [NYSE:EAT] saw its stock fall -1.13% to $158.40. Over the last five days, the stock has lost -7.94%. Brinker International, Inc shares have risen nearly 19.74% since the year began. Nevertheless, the stocks have risen 257.40% over the past one year. While a 52-week high of $192.21 was reached on 02/04/25, a 52-week low of $42.99 was recorded on 01/02/25. SMA at 50 days reached $147.20, while 200 days put it at $95.57.
Levels Of Support And Resistance For EAT Stock
The 24-hour chart illustrates a support level at 156.46, which if violated will result in even more drops to 154.52. On the upside, there is a resistance level at 160.43. A further resistance level may holdings at 162.47. The Relative Strength Index (RSI) on the 14-day chart is 47.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -12.98, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.77%. Stochastics %K at 29.66% indicates the stock is a holding.
How much short interest is there in Brinker International, Inc?
A steep rise in short interest was recorded in Brinker International, Inc stocks on 2025-01-31, dropping by -1.03 million shares to a total of 4.39 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 5.41 million shares. There was a decline of -23.42%, which implies that there is a negative sentiment for the stock.
