Yum Brands CEO David Gibbs sells $384,480 in stock

David W. Gibbs, the Chief Executive Officer of Yum Brands Inc. (NYSE:YUM), recently sold 2,403 shares of the company’s common stock. The transaction, which took place on March 6, 2025, was executed at a price of $160 per share, resulting in a total value of $384,480. The sale occurred as YUM trades near its 52-week high of $161.28, with InvestingPro analysis indicating the stock is currently trading above its Fair Value.

Following this sale, Gibbs retains direct ownership of 157,893.15 shares. Additionally, he holds indirect ownership through trusts, with 39,499 shares in the DWG Trust and 26,394 shares in the SJG Trust.

Yum Brands, headquartered in Louisville, Kentucky, is a prominent player in the retail-eating places industry.

In other recent news, Yum! Brands has reported notable developments that are drawing attention from investors. The company anticipates an 8% growth in same-store sales for its Taco Bell unit in the first quarter, surpassing industry expectations. Additionally, Yum! Brands has set ambitious targets for Taco Bell, aiming to achieve sales volumes of $3 million by 2030 and to double the segment’s EBIT by the end of the decade. Analysts at TD Cowen have responded by raising the company’s price target to $164, while maintaining a Hold rating, reflecting confidence in the brand’s strategic initiatives.

Meanwhile, BofA Securities has increased its price target for Yum! Brands to $153, acknowledging the company’s robust recovery in the Middle East and sustained performance in regions like Latin America. However, challenges remain, as BofA notes potential hurdles in international unit development. Stifel analysts have maintained a Hold rating with a $148 target, expressing cautious optimism about Yum! Brands’ growth strategy, particularly for Taco Bell’s domestic operations.

BMO Capital Markets also adjusted its outlook, raising the price target to $139, citing Yum! Brands’ slightly better-than-expected earnings per share and strong brand momentum entering 2025. Despite these positive indicators, BMO warns of a competitive environment and suggests the current valuation of Yum! Brands’ shares may limit upside potential. These recent developments highlight Yum! Brands’ strategic positioning and market challenges as it continues to expand globally.

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