Restaurant Brands International Inc’s filing revealed 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 $2.1 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 $25.75 million.
TD Cowen downgraded its Restaurant Brands International Inc [QSR] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Argus’s analysts, who decreased its forecast for the stock in mid February from “a Buy” to “a Hold”. Guggenheim also remained covering QSR and has increased its forecast on January 24, 2025 with a “Buy” recommendation from previously “Neutral” rating. Oppenheimer maintained its rating on October 22, 2024. It rated QSR as “an Outperform”.
Price Performance Review of QSR
On Friday, Restaurant Brands International Inc [NYSE:QSR] saw its stock jump 2.46% to $63.84. Over the last five days, the stock has lost -1.05%. Restaurant Brands International Inc shares have fallen nearly -2.06% since the year began. Nevertheless, the stocks have fallen -15.69% over the past one year. While a 52-week high of $83.29 was reached on 02/12/25, a 52-week low of $59.67 was recorded on 02/03/25. SMA at 50 days reached $64.11, while 200 days put it at $68.61.
Levels Of Support And Resistance For QSR Stock
The 24-hour chart illustrates a support level at 62.46, which if violated will result in even more drops to 61.08. On the upside, there is a resistance level at 64.80. A further resistance level may holdings at 65.76. The Relative Strength Index (RSI) on the 14-day chart is 50.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.57%. Stochastics %K at 34.37% indicates the stock is a holding.
The most recent change occurred on June 13, 2024 when Goldman began covering the stock and recommended ‘”a Buy”‘ rating along with a $80 price target.
