Brinker International director DePinto sells $5.76m in shares
Brinker International director Joseph Michael DePinto recently sold 25,000 shares of the company's common stock, according to a recent SEC Form 4 filing. The transaction took place on August 28, 2026, and DePinto received approximately $5,759,750 for the sale. The shares were sold at prices ranging from $230.00 to $231.33 per share, with a weighted average price of $230.39.
Currently, Brinker International shares are trading at $228.50, a 10% decrease from the previous week. Despite this decline, the company maintains a P/E ratio of 21.05, which suggests it may be overvalued according to InvestingPro's Fair Value analysis. Following his sale, DePinto still maintains a direct holding of 77,812 shares in the company.
On August 27, 2026, DePinto also acquired 460 shares of Brinker International common stock at a price of $0.00 per share. Analysts have been focusing on Brinker International Inc., with several upgrades and increases in price targets. BofA Securities raised its price target to $310 from $224, while UBS increased it to $285 from $260.
DA Davidson also raised its price target to $260 from $160. These upgrades come amid positive analyst sentiment regarding Brinker's growth prospects and operational improvements.
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