In a filing, Darden Restaurants, Inc revealed its Director SONSTEBY CHARLES M unloaded Company’s shares for reported $1.64 million on Mar 28 ’25. In the deal valued at $204.56 per share,8,005 shares were sold. As a result of this transaction, SONSTEBY CHARLES M now holds 21,943 shares worth roughly $4.7 million.
Then, Charles Sonsteby bought 8,005 shares, generating $1,637,467 in total proceeds.
Before that, Williamson Laura B sold 2,289 shares. Darden Restaurants, Inc shares valued at $474,408 were divested by the President, LongHorn Steakhouse at a price of $207.26 per share. As a result of the transaction, Williamson Laura B now holds 10,056 shares, worth roughly $2.15 million.
Bernstein upgraded its Darden Restaurants, Inc [DRI] rating to an Outperform from a a Mkt perform in a research note published on January 22, 2025; the price target was increased to $215 from $180. A number of analysts have revised their coverage, including Goldman’s analysts, who began to cover the stock in early December with a ‘”a Neutral”‘ rating. Evercore ISI also remained covering DRI and has increased its forecast on September 20, 2024 with a “an Outperform” recommendation from previously “an In-line” rating. Bernstein revised its rating on September 20, 2024. It rated DRI as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of DRI
On Friday, Darden Restaurants, Inc [NYSE:DRI] saw its stock jump 0.23% to $214.21. Over the last five days, the stock has gained 5.07%. Darden Restaurants, Inc shares have risen nearly 14.74% since the year began. Nevertheless, the stocks have risen 44.42% over the past one year. While a 52-week high of $215.68 was reached on 05/29/25, a 52-week low of $135.87 was recorded on 01/13/25. SMA at 50 days reached $202.62, while 200 days put it at $180.91.
Levels Of Support And Resistance For DRI Stock
The 24-hour chart illustrates a support level at 212.95, which if violated will result in even more drops to 211.68. On the upside, there is a resistance level at 215.12. A further resistance level may holdings at 216.02. The Relative Strength Index (RSI) on the 14-day chart is 64.46, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.36, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.29%. Stochastics %K at 90.77% indicates the stock is a selling.
