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Insider Selling in Restaurant Brands International (QSR) Shares Continues

05/07/2021 18:36

10:20 PM EDT, 05/07/2021 (MT Newswires) -- An insider disposed of 16,535 shares of Restaurant Brands International having a market value of approximately $1,157,450 today, as revealed in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 30,412 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 46,947 shares and have averaged 23,474 shares per transaction over this time period.

During the last 90 days, the number of insider buy/sell trades at Restaurant Brands International is above the 23-company peer group average. Quick Service Restaurants peer group saw 28 buy/sell trades during this period for an average of 1.2 transactions per company. The number of shares per buy/sell trade for Restaurant Brands International insiders was also higher. Within the peer group there were 90,858 shares purchased and 89,745 shares sold with company insiders having bought 70 shares on average.

In order to focus on significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated from data used to compose and write this story.

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.