McDonald’s General Counsel Sells $1.98 Million in Stock By Investing.com

McDonald’s General Counsel Sells $1.98 Million in Stock By Investing.com
McDonald’s General Counsel Sells $1.98 Million in Stock By Investing.com

The shares were sold at prices ranging from $289.63 to $290.15 per share, for a total transaction value of approximately $1.98 million. As a result of these transactions, Ralls-Morrison’s direct ownership of McDonald’s stock amounts to 6,267.12 shares. The sales were executed within a pre-established trading plan. As revealed by an InvestingPro tip, McDonald’s has maintained dividend payments for 49 consecutive years, demonstrating strong financial stability. The stock is currently trading near fair value, with additional information available in the full Pro Research Report, which offers in-depth analysis of McDonald’s and more than 1,400 other leading U.S. stocks. The shares were sold at prices ranging from $289.63 to $290.15 per share, for a total transaction value of approximately $1.98 million.

As a result of these transactions, Ralls-Morrison’s direct ownership of McDonald’s stock amounts to 6,267.12 shares. The sales were executed within a pre-established trading plan.

In other recent news, BMO Capital Markets highlighted McDonald’s Corp (NYSE:), Domino’s Pizza Inc, and Starbucks Corp as potential top performers in the restaurant sector for 2025. McDonald’s is recognized for its potential to accelerate sales and market outperformance, supported by revenue growth of 3.7%. Domino’s Pizza is expected to continue its trend of strong comparable sales growth and market share gains. Starbucks stands to benefit from new CEO Brian Niccol’s initiatives, with projections suggesting an appreciation in the stock’s value as the company’s business trajectory improves.

In other recent developments, McDonald’s has been at the center of several major events. Bernstein, a market analysis firm, highlighted McDonald’s in its examination of the U.S. restaurant industry. Piper Sandler maintained her neutral stance on McDonald’s, recognizing steady growth and strong dividend yield. McDonald’s also demonstrated its resilience in its third quarter 2024 performance, reporting a slight increase in adjusted earnings per share and a 6% dividend increase.

McDonald’s USA announced the launch of a new discounted menu, McValue, planned for 2025. The US Centers for Disease Control and Prevention (CDC) has closed the case regarding an outbreak of E. coli linked to McDonald’s Quarter Pounder hamburgers, allowing the company to resume selling this popular menu item. These are some of the recent developments in the company’s operations.

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