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ANN ARBOR, MI—Sandeep Reddy, Executive Vice President and Chief Financial Officer of Domino’s Pizza Inc. (NYSE:DPZ), recently sold a portion of his holdings in the company. According to a filing with the Securities and Exchange Commission, Reddy sold 399 shares of Domino’s common stock on April 2, 2025, at an average price of $462.18 per share. The total value of the transaction was approximately $184,409. The sale comes as Domino’s, with a market capitalization of $15.3 billion, trades near its 52-week high of $542.75. InvestingPro analysis indicates the stock is currently overvalued, with a P/E ratio of 26.2x.
Following this sale, Reddy retains ownership of 8,756 shares in the company. The transaction was executed under a pre-established Rule 10b5-1 trading plan, which Reddy adopted on December 10, 2024. Notably, Domino’s maintains a strong dividend profile, having raised its dividend for 11 consecutive years, with a current yield of 1.5%. For deeper insights into DPZ’s valuation and 8 additional exclusive tips, visit InvestingPro.
In other recent news, Domino’s Pizza has announced a partnership with DoorDash (NASDAQ:DASH), allowing customers to place orders through the DoorDash app, with deliveries handled by Domino’s drivers. This collaboration, set to launch nationwide in the U.S. in May 2025, aims to strengthen Domino’s delivery business and expand its user base. RBC Capital Markets maintains an Outperform rating on Domino’s shares with a $500 price target, citing the adoption of new products like the stuffed crust pizza as a potential boost to same-store sales and earnings per share. Meanwhile, TD Cowen has reaffirmed a Buy rating with a $490 price target, highlighting a robust expansion plan that could lead to 210 new domestic store openings in 2025. Stifel also maintains a Buy rating with a $500 target, noting Domino’s initiatives to boost domestic sales, including new product launches and expansion into third-party platforms. The company’s significant market share gains over the past decade further support the positive outlook. These recent developments underscore Domino’s strategic efforts to enhance its market presence and operational capabilities.
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