Six Darden executives sold stock in the past week, including a 2,226-share sale at $208.17 amid a 5% 12-month return.
Darden Restaurants Inc. (NYSE:DRI) executives sold shares this week, with one transaction totaling 2,226 shares at a weighted-average price of $208.17. The stock closed at $212.23 on July 29, reflecting a 5% total return over the past 12 months.
The company reported trailing 12-month revenue of $13.2 billion and net income of $1.2 billion, with a market capitalization of $24.3 billion as of the July 29 close. The executive retains 4,165 shares directly and nearly 3,000 derivative securities, including vested and unvested awards.
The sales occur as Darden operates a diversified portfolio of full-service dining brands, including Olive Garden and LongHorn Steakhouse, across the U.S. and Canada.