Kelly Garcia Sells 488 Shares of Domino's Pizza (NASDAQ:DPZ) Stock

Key Points

• EVP Kelly Garcia sold 488 shares of Domino's (NASDAQ:DPZ) on April 30 at an average price of $332.31 for about $162,167, reducing her holdings by 4.96% to 9,352 shares (filed with the SEC).
• Q1 earnings missed: Domino's reported $4.13 EPS vs. a $4.29 consensus (revenue $1.15B, up 3.5% YoY) and a net margin of 11.89%.
• The company declared a quarterly dividend of $1.99 (annualized $7.96, yield 2.4%, ex-dividend June 15), the stock trades near $330 with a 52-week range of $326.54–$499.08, and analysts hold a consensus "Hold" rating with a $421.35 price target.

Domino's Pizza Inc (NASDAQ:DPZ - Get Free Report) EVP Kelly Garcia sold 488 shares of the firm's stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $332.31, for a total value of $162,167.28. Following the sale, the executive vice president owned 9,352 shares of the company's stock, valued at $3,107,763.12. The trade was a 4.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Domino's Pizza Price Performance

Domino's Pizza stock traded down $7.35 during trading hours on Monday, hitting $330.42. The company had a trading volume of 1,062,074 shares, compared to its average volume of 961,840. The firm has a market capitalization of $10.99 billion, a P/E ratio of 19.02, a price-to-earnings-growth ratio of 1.56 and a beta of 1.02. The firm's fifty day moving average is $377.36 and its 200-day moving average is $398.81. Domino's Pizza Inc has a fifty-two week low of $326.54 and a fifty-two week high of $499.08.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last released its quarterly earnings data on Monday, April 27th. The restaurant operator reported $4.13 earnings per share for the quarter, missing the consensus estimate of $4.29 by ($0.16). The company had revenue of $1.15 billion during the quarter. Domino's Pizza had a net margin of 11.89% and a negative return on equity of 15.04%. The business's revenue for the quarter was up 3.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $4.33 EPS. Analysts anticipate that Domino's Pizza Inc will post 19.22 earnings per share for the current year.

Domino's Pizza Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid a $1.99 dividend. This represents a $7.96 annualized dividend and a yield of 2.4%. The ex-dividend date is Monday, June 15th. Domino's Pizza's dividend payout ratio is currently 45.83%.

Institutional Trading of Domino's Pizza

Large investors have recently modified their holdings of the company. SHP Wealth Management bought a new stake in shares of Domino's Pizza during the 4th quarter worth $25,000. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in Domino's Pizza by 97.1% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 69 shares of the restaurant operator's stock valued at $29,000 after purchasing an additional 34 shares during the period. MBM Wealth Consultants LLC bought a new stake in Domino's Pizza in the 1st quarter valued at $31,000. Johnson Financial Group Inc. boosted its holdings in Domino's Pizza by 200.0% in the 3rd quarter. Johnson Financial Group Inc. now owns 84 shares of the restaurant operator's stock valued at $36,000 after purchasing an additional 56 shares during the period. Finally, Arax Advisory Partners bought a new stake in Domino's Pizza in the 4th quarter valued at $42,000. 94.63% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

DPZ has been the subject of several recent research reports. TD Cowen reissued a "hold" rating and issued a $400.00 target price on shares of Domino's Pizza in a research report on Monday, April 27th. Hovde Group set a $460.00 target price on shares of Domino's Pizza in a research report on Monday, January 5th. Piper Sandler decreased their target price on shares of Domino's Pizza from $421.00 to $359.00 and set a "neutral" rating for the company in a research report on Monday, April 27th. DA Davidson decreased their target price on shares of Domino's Pizza from $436.00 to $423.00 and set a "buy" rating for the company in a research report on Wednesday, April 29th. Finally, Guggenheim decreased their target price on shares of Domino's Pizza from $450.00 to $440.00 and set a "neutral" rating for the company in a research report on Wednesday, February 25th. Seventeen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $421.35.

About Domino's Pizza

Domino's Pizza, Inc NASDAQ: DPZ is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino's has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino's Tracker system to provide real-time status updates from order placement through delivery.

Operating predominantly under a franchise model, Domino's has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.

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