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Amid a significant 9.19% decline in Domino’s Pizza Inc. (NYSE:DPZ) stock price over the past week, Cynthia A. Headen, Executive Vice President and Chief Supply Chain Officer, recently sold 887 shares of the company’s common stock. The shares were sold at a price of $433.56 each, totaling approximately $384,567. This transaction was conducted as part of a pre-established Rule 10b5-1 trading plan, which Headen adopted on August 1, 2024. The sale comes as InvestingPro analysis suggests the stock is trading slightly above its Fair Value, with a P/E ratio of 25.25x.
In addition to the sale, Headen acquired 760 restricted stock units, which will vest one-third each year on the anniversary of the grant date, and 1,710 restricted stock units, set to vest in full on the third anniversary of the grant date. These acquisitions were made at no cost. Furthermore, Headen was granted options to purchase 2,470 shares of common stock, which will vest over three years starting in 2026. Following these transactions, Headen holds 4,863.591 shares directly and 22.368 shares indirectly, which are owned by her spouse. For comprehensive insider trading analysis and 11 additional key insights about Domino’s Pizza, visit InvestingPro.
In other recent news, Domino’s Pizza reported mixed fourth-quarter earnings, with revenue slightly below expectations at $1.44 billion against the anticipated $1.48 billion. The company’s adjusted earnings per share were $4.89, narrowly missing the consensus forecast of $4.91, while earnings before interest, taxes, depreciation, and amortization (EBITDA) came in at $299 million, just shy of the $300 million target. UBS analyst Dennis Geiger maintained a Buy rating with a $540 price target, noting challenges in U.S. same-store sales but highlighting strong international performance and upcoming U.S. sales initiatives. Benchmark analyst Todd Brooks also reaffirmed a Buy rating with a $520 target, emphasizing Domino’s cost management and market share gains. Meanwhile, Bernstein maintained a Market Perform rating with a $440 target, citing the company’s ability to manage operations effectively despite challenges in the quick-service restaurant sector. Domino’s strategic initiatives include a new Parmesan stuffed crust pizza, which has been introduced nationwide as part of its product innovation efforts. The company also announced executive promotions aimed at enhancing its global operations and streamlining its organizational structure. These developments reflect Domino’s ongoing focus on growth and adaptation in a competitive market environment.
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