Restaurant Brands International executive sells shares worth $585,771

Jeffrey Housman, Chief People & Services Officer at Restaurant Brands International Inc. (NYSE:QSR), recently executed a significant stock transaction. On February 21, 2025, Housman sold 9,394 common shares of the company, generating proceeds of approximately $585,771. The shares were sold at a price of $62.35 each.

In addition to the sale, Housman acquired 23,875 common shares through performance share units, though these acquisitions were priced at zero dollars. Following these transactions, Housman now holds a total of 120,493 common shares in the company. Analysts maintain a positive outlook on QSR, with price targets ranging from $67 to $93, suggesting potential upside from current levels.

These transactions are part of the regular reporting requirements for company insiders and provide investors with insight into the trading activities of executives within the company. For deeper insights into insider trading patterns and comprehensive analysis, InvestingPro subscribers can access detailed insider transaction history and expert analysis in the Pro Research Report, available for over 1,400 US stocks including QSR.

In other recent news, Restaurant Brands International has completed the acquisition of Burger King China for approximately $158 million, gaining near-total ownership of the business. This strategic move aims to expand its presence in the Chinese market, with plans to find a new local partner to inject primary capital into the business. In addition to this acquisition, the company continues its partnership with Cartesian to grow the Tim Hortons brand in China. Analyst activity surrounding Restaurant Brands International has been varied. TD Cowen downgraded the company’s stock rating from Buy to Hold, citing potential challenges in the Canadian market and competition in the fast-food industry as influencing factors. Meanwhile, JPMorgan maintained an Overweight rating with a price target of $80, highlighting the company’s stronger-than-expected global sales growth in the fourth quarter of fiscal 2024. BMO Capital also expressed optimism, maintaining an Outperform rating and setting a price target of $86, following better-than-expected fourth-quarter earnings per share. In contrast, Stifel analysts held a more cautious stance, maintaining a Hold rating with a $68 price target, noting modest EBITDA growth since the acquisition of Popeyes in 2017.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.