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President of Tim Hortons – Canada and USA of Restaurant Brands International sold 27% of his shares


President of Tim Hortons – Canada and USA of Restaurant Brands International sold 27% of his shares

Some Restaurant Brands International Inc. (NYSE:QSR) shareholders may be a little concerned that Tim Hortons President – Canada & U.S. Axel Schwan recently sold $2.5 million worth of stock at a price of $70.44 per share. That’s a big disposal and reduced their holding size by 27%, which is notable but not too bad.

Check out our latest analysis for Restaurant Brands International

The last 12 months of insider transactions at Restaurant Brands International

The largest single sale by an insider in the last twelve months was when CEO Joshua Kobza sold US$2.8 million worth of shares at a price of US$76.26 per share. While insider selling is a negative, we find it even more negative when shares are sold at a lower price. The good news is that this large sale was well above the current price of US$69.11, so it’s hard to draw any firm conclusions from it.

Over the last year, Restaurant Brands International insiders have not purchased any shares of the company. Below is a visual representation of insider transactions (by companies and individuals) over the last 12 months. By clicking on the graphic below, you can see the exact details of each insider transaction!

Insider trading volume
NYSE:QSR Insider Trading Volume August 29, 2024

I’ll like Restaurant Brands International better if I see some big insider buying. While we wait, check out this free List of undervalued stocks and small cap stocks with significant recent insider buying.

Insider ownership of Restaurant Brands International

I like to look at how many shares insiders own in a company to get an idea of ​​how well they work with insiders. I think it’s a good sign when insiders own a significant number of shares in the company. It’s great to see that Restaurant Brands International insiders own 1.0% of the company, which is worth about US$321 million. Most shareholders would be happy to see this kind of insider ownership, as it suggests that management’s incentives are well aligned with those of other shareholders.

So what do the insider transactions at Restaurant Brands International mean?

An insider recently sold shares, but he didn’t buy. And there were no purchases in the last year that could reassure us. On the positive side, Restaurant Brands International is making money and growing its earnings. The company boasts a high insider ownership, but given the history of share sales, we are a little hesitant. In addition to knowing about ongoing insider transactions, it is beneficial to identify the risks facing Restaurant Brands International. At Simply Wall St, we have found that Restaurant Brands International 2 warning signs (1 is a little uncomfortable for us!) that deserve your attention before you continue with your analysis.

If you would rather check out another company — one with potentially better financials — then don’t miss this free List of interesting companies with HIGH return on equity and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulator. Currently, we only consider open market transactions and private disposals of direct holdings, but not derivative transactions or indirect holdings.

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This Simply Wall St article is of a general nature. We comment solely on the basis of historical data and analyst forecasts, using an unbiased methodology. Our articles do not constitute financial advice. It is not a recommendation to buy or sell any stock and does not take into account your objectives or financial situation. Our goal is to provide you with long-term analysis based on fundamental data. Note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Simply Wall St does not hold any of the stocks mentioned.

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