Yum Brands KFC division CEO Mezvinsky sells $40k in stock

Published 01/07/2025, 16:52
Yum Brands KFC division CEO Mezvinsky sells $40k in stock

KFC Division CEO Scott Mezvinsky of Yum Brands Inc (NYSE:YUM), the $41.8 billion restaurant giant currently trading at $150.53, sold 272 shares of common stock on July 1, 2025, at a price of $148.28, for a total value of $40332. According to InvestingPro analysis, YUM is currently trading near its Fair Value with a "GOOD" overall financial health score.

On the same day, Mezvinsky also acquired 410 shares of common stock upon exercising stock appreciation rights at a price of $49.66, for a total value of $20360. In addition, Mezvinsky disposed of 138 shares at $148.18, for a total value of $20448.

Following these transactions, Mezvinsky directly owns 1755 shares of Yum Brands Inc. common stock and indirectly owns 1487 shares held in a 401(k) plan.

In other recent news, Yum! Brands reported its first-quarter 2025 earnings, revealing an earnings per share (EPS) of $1.30, slightly above the forecast of $1.28. However, the company’s revenue fell short of expectations, coming in at $1.79 billion compared to the anticipated $1.85 billion. In a strategic move, the company announced Chris Turner as the new CEO, effective October 1, 2025, succeeding David Gibbs. Turner has been with Yum! Brands since 2019 and has played a significant role in the company’s digital transformation.

Additionally, Yum! Brands declared a quarterly dividend of $0.71 per share, payable on June 6, 2025. Analyst firm Redburn-Atlantic upgraded Yum! Brands’ stock from Neutral to Buy, raising the price target to $177, citing optimism about the company’s growth prospects and financial position. Meanwhile, JPMorgan increased its price target for the company to $170, maintaining a Neutral rating. Yum! Brands’ Taco Bell and KFC divisions showed strong operating profit growth, contributing significantly to the company’s financial performance.

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