Brinker International president & CEO Kevin Hochman sells $9.66m stock
Brinker International's CEO, Kevin Hochman, sold a significant amount of shares in the company on August 13, 2026. He disposed of 40,000 shares at a price of $241.41 per share, selling for approximately $9.66 million. This transaction was part of a pre-approved trading plan implemented on March 4, 2026. Brinker's stock has seen an impressive 68% increase year-to-date, reaching a market capitalization of $10.17 billion.
However, analysts suggest the stock may be overvalued, with a price-to-earnings ratio of 22.3. Despite selling shares, Hochman also bought 154,418 shares on the same day, and other transactions amounted to around $14.74 million. Following these actions, Hochman now owns 184,090 shares directly. Brinker International has seen positive analyst reviews, with upgrades and favorable evaluations.
The company reported fourth-quarter EPS of $3.07, slightly below the expected $3.09. Despite this, UBS noted continued outperformance at Chili's, Chili's & Co.'s parent company, with potential double-digit EPS growth. Analysts are optimistic about Brinker's growth prospects.
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