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On February 24, 2025, Manuel JM Steijaert, Executive Vice President and Chief Customer Officer at McDonald’s Corp (NYSE:MCD), sold a significant portion of the company’s stock. Steijaert sold 10,459 shares of McDonald’s common stock at an average price of $308.71, totaling approximately $3.2 million. The transaction occurred as McDonald’s stock trades near its 52-week high of $317.90, with the current share price at $310.72.
In addition to the sale, Steijaert exercised stock options to acquire 10,459 shares at prices ranging from $128.09 to $174.15, with the total value of these acquisitions amounting to approximately $1.7 million. Following these transactions, Steijaert holds 4,606.1 shares of McDonald’s stock directly. According to InvestingPro, McDonald’s maintains a strong financial health rating of "GOOD" and typically trades with low price volatility.
These transactions were part of a series of trades executed on the same day, reflecting Steijaert’s management of his equity position in the company. InvestingPro analysis indicates McDonald’s is currently trading near its Fair Value, with 10+ additional key insights available to subscribers through the comprehensive Pro Research Report.
In other recent news, McDonald’s Corporation announced revisions to its executive compensation structure, aiming to align incentives with company performance and strategic goals. The new plan, filed with the SEC, bases payouts on metrics like operating income and Systemwide sales, with additional components tied to new restaurant openings and strategic initiatives. Meanwhile, several analyst firms have adjusted their outlooks on McDonald’s stock. BofA Securities raised its price target to $316, maintaining a Neutral rating, citing expected improvements in same-store sales growth and the introduction of the McValue menu. TD Cowen also increased its target to $305, keeping a Hold rating, and highlighted McDonald’s proactive strategy in the global sales environment.
Loop Capital Markets lifted its price target to $346, maintaining a Buy rating, despite McDonald’s fourth-quarter earnings per share falling short of expectations. The firm remains optimistic about recovery from the E. coli outbreak. Morgan Stanley (NYSE:MS) raised its target to $340, maintaining an Overweight rating, acknowledging challenges in the fourth-quarter results but noting stronger comparable sales outside the United States. These developments reflect a cautious optimism among analysts about McDonald’s ability to navigate current industry challenges and pursue strategic growth.
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