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David W. Gibbs, the Chief Executive Officer of Yum Brands Inc. (NYSE:YUM), recently sold a significant portion of his holdings in the company. According to a recent SEC filing, Gibbs sold a total of 30,604 shares of Yum Brands common stock. The sales occurred on March 5, 2025, with share prices ranging from $158.30 to $160.03, amounting to a total transaction value of approximately $4.88 million. The timing is notable as the stock trades near its 52-week high of $161.28, with a strong year-to-date return of 19.35%. According to InvestingPro analysis, the stock appears to be trading above its Fair Value.
Following these transactions, Gibbs retains direct ownership of 160,296.15 shares. Additionally, he holds indirect ownership through trusts, with 39,499 shares in a trust labeled DWG and 26,394 shares in a trust labeled SJG. For investors seeking deeper insights, InvestingPro reveals that Yum Brands maintains an overall GREAT financial health score, with 10+ additional exclusive ProTips available for subscribers. These transactions are part of the routine activities of company insiders and provide investors with insights into executive confidence and financial strategies.
In other recent news, Yum! Brands has reported notable developments across various aspects of its business. The company anticipates an 8% growth in same-store sales for its Taco Bell unit in the first quarter, exceeding industry expectations. Yum! Brands has also set ambitious targets for Taco Bell, aiming to achieve sales volumes of $3 million by 2030 and to double its segment EBIT by the end of the decade. Analyst firms have responded to these updates with mixed reactions. TD Cowen raised its price target for Yum! Brands to $164, citing the company’s strong first-quarter performance and long-term growth plans, while maintaining a Hold rating. BofA Securities increased its price target to $153, acknowledging Yum! Brands’ robust recovery in international markets, though noting challenges in unit development. Stifel analysts maintained a Hold rating with a $148 target, expressing cautious optimism about the company’s strategy. Meanwhile, BMO Capital Markets raised its price target to $139, highlighting Yum! Brands’ slightly better-than-expected earnings per share for 2024. These recent developments reflect Yum! Brands’ strategic positioning in a competitive industry landscape.
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