The President of Maggiano’s Little Italy of Brinker International, Inc. (NYSE: EAT) is Selling Shares

On Friday, the President of Maggiano’s Little Italy of Brinker International, Inc. (NYSE: EAT), Steve Provost, sold shares of EAT for $1.08M.

In addition to Steve Provost, 25 other EAT executives reported Sell trades in the last month.

Based on Brinker Intl.`s latest earnings report from June 30, the company posted quarterly revenue of $764.1M and quarterly net profit of $57.22M. In comparison, last year the company earned revenue of $758.7M and had a net profit of $28.82M. The company has a one year high of $62.41 and a one year low of $47.49. EAT’s market cap is $3.24B and the company has a P/E ratio of 17.6%.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $65.67, reflecting a -18.8% downside.

Looking at blogger coverage of EAT, there is a 100% Bullish tendency on the stock, in relation to a 70% average bullish tendency within the Service sector.

Over the last 3 months, the insider sentiment on Brinker Intl. has been negative based on 55 corporate insider transactions. This sentiment is lower than the average sector sentiment of insiders.

Brinker International Inc is a dining restaurant company. The Company is engaged in the ownership, operation, development, and franchising of the Chili’s Grill & Bar and Maggianos Little Italy restaurant brands.