McDonald’s chief impact officer sells $456k in stock

Published 21/02/2025, 23:34
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McDonald’s Corp (NYSE:MCD) Executive Vice President and Chief Impact Officer, Jonathan Banner (NASDAQ:BANR), recently sold a significant portion of the company’s stock. According to a Form 4 filing with the Securities and Exchange Commission, Banner sold 1,500 shares of McDonald’s common stock on February 21, 2025, at a price of $304.33 per share, near the stock’s 52-week high of $317.90. The total value of the transaction amounted to $456,495. Following this sale, Banner holds 1,098.66 shares directly in the $218.5 billion restaurant giant, which maintains a strong financial health rating according to InvestingPro analysis.InvestingPro data shows McDonald’s trading slightly above its Fair Value, with 10+ additional exclusive insights available to subscribers. Get access to the comprehensive Pro Research Report, part of the analysis available for 1,400+ top US stocks, to see what makes McDonald’s a prominent player in the Hotels, Restaurants & Leisure industry.

In other recent news, McDonald’s Corporation has revised its executive compensation plan, aligning incentives with key performance metrics such as operating income and Systemwide sales. This adjustment, detailed in a recent SEC filing, is part of the company’s strategy to drive growth and improve franchisee health. Additionally, several financial firms have updated their outlooks on McDonald’s stock. Loop Capital raised its price target to $346, maintaining a Buy rating despite the company’s fourth-quarter earnings per share falling short of expectations. Morgan Stanley (NYSE:MS) also increased its price target to $340, keeping an Overweight rating, citing McDonald’s resilience in the challenging quick-service restaurant environment.

TD Cowen adjusted its target to $305, maintaining a Hold rating, influenced by McDonald’s proactive strategies and anticipated product launches. Meanwhile, BofA Securities increased its price target to $316, maintaining a Neutral rating, noting the company’s focus on value offerings to drive traffic amid economic pressures. These developments reflect a mix of cautious optimism and strategic adjustments as McDonald’s navigates recent challenges and prepares for future growth.

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