Brinker International SVP sells $1.25 million in stock

DALLAS—Douglas N. Comings, Senior Vice President and Chief Operating Officer of Chili’s, a division of Brinker International, Inc. (NYSE:EAT), recently sold 7,500 shares of the company’s common stock. The transaction comes as Brinker’s stock has shown remarkable performance, with a 279% return over the past year and a market capitalization of $7.28 billion, according to InvestingPro data. The shares were sold at an average price of $167.10 each, totaling approximately $1.25 million in value. Following this transaction, Comings retains direct ownership of 26,752 shares. The sale occurred during a volatile period for the stock, which has experienced a 10.7% decline over the past week, though InvestingPro analysis suggests the stock is currently trading near its Fair Value.

Additionally, Comings holds 1,925.4 units in the Brinker Common Stock Fund through the company’s 401(k) Savings Plan, as of February 10, 2025. For deeper insights into insider trading patterns and comprehensive analysis, including 16 additional ProTips and detailed financial metrics, investors can access the full Pro Research Report on InvestingPro.

In other recent news, Brinker International has been the subject of several analyst upgrades. Stifel raised its price target for Brinker to $200, citing the company’s impressive financial results, including a surge in Chili’s comparable store sales and a 180% year-over-year earnings increase. BMO Capital Markets also increased its price target for Brinker to $150, following the company’s announcement of its second-quarter earnings, which surpassed estimates.

In addition, BofA Securities raised its price target for Brinker to $195, acknowledging the company’s successful turnaround efforts, which have resulted in significant transaction growth. JPMorgan also increased its price target for Brinker to $160, noting the strong performance of the Chili’s brand in the second quarter of 2025 and the continued momentum into the third quarter. Finally, Citi raised its price target for Brinker to $185, highlighting the successful implementation of improved food quality, service, atmosphere, and marketing strategies at Chili’s restaurants.

These are the latest developments for Brinker International, demonstrating the analysts’ confidence in the company’s ongoing growth trajectory.

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