--- title: "Kevin Hochman Sells 40,000 Shares of Brinker International (NYSE:EAT) Stock" type: "News" locale: "en" url: "https://longbridge.com/en/news/296330992.md" description: "Brinker International CEO Kevin Hochman sold 40,000 shares valued at approximately $9.7 million on August 17, reducing his stake by 21.73%. This sale follows another transaction on August 13 and coincides with broader insider selling activity among other executives. Despite recent earnings that slightly missed estimates but showed revenue growth, analyst sentiment remains mixed with Piper Sandler raising its price target to $240 while maintaining a neutral rating." datetime: "2026-08-19T09:22:54.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296330992.md) - [en](https://longbridge.com/en/news/296330992.md) - [zh-HK](https://longbridge.com/zh-HK/news/296330992.md) generator: "portal-rs" --- # Kevin Hochman Sells 40,000 Shares of Brinker International (NYSE:EAT) Stock Brinker International, Inc. (NYSE:EAT - Get Free Report) CEO Kevin Hochman sold 40,000 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $243.15, for a total transaction of $9,726,000.00. Following the completion of the sale, the chief executive officer owned 144,090 shares of the company's stock, valued at approximately $35,035,483.50. This represents a 21.73% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. - Texas Roadhouse and Brinker International Have the Recipe Rivals Are Missing Kevin Hochman also recently made the following trade(s): - On Thursday, August 13th, Kevin Hochman sold 40,000 shares of Brinker International stock. The stock was sold at an average price of $241.41, for a total transaction of $9,656,400.00. ## Brinker International Trading Down 2.7% Shares of EAT stock opened at $235.22 on Wednesday. Brinker International, Inc. has a 52-week low of $100.30 and a 52-week high of $253.71. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.35 and a current ratio of 0.45. The company has a 50-day simple moving average of $190.57 and a two-hundred day simple moving average of $161.90. The company has a market capitalization of $10.09 billion, a price-to-earnings ratio of 21.60, a PEG ratio of 1.32 and a beta of 1.23. * * * * * * - Brinker Serves Up Earnings Beat, Sidesteps Cost Pressures Brinker International (NYSE:EAT - Get Free Report) last posted its earnings results on Wednesday, August 12th. The restaurant operator reported $3.07 EPS for the quarter, missing the consensus estimate of $3.09 by ($0.02). Brinker International had a return on equity of 122.35% and a net margin of 8.39%.The firm had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.53 billion. During the same period in the prior year, the business earned $2.30 EPS. Brinker International's quarterly revenue was up 5.1% compared to the same quarter last year. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. Research analysts anticipate that Brinker International, Inc. will post 13.24 EPS for the current fiscal year. ## Institutional Investors Weigh In On Brinker International A number of hedge funds have recently modified their holdings of EAT. Livforsakringsbolaget Skandia Omsesidigt purchased a new position in Brinker International in the second quarter valued at approximately $3,167,000. Empowered Funds LLC purchased a new stake in Brinker International in the second quarter worth $10,986,000. Public Employees Retirement System of Ohio bought a new stake in shares of Brinker International in the second quarter valued at $219,000. Transamerica Financial Advisors LLC bought a new stake in shares of Brinker International in the second quarter valued at $111,000. Finally, Corient Private Wealth LP purchased a new position in shares of Brinker International during the 2nd quarter valued at $362,000. ## Key Brinker International News - 3 Summer Short-Squeeze Candidates With Catalysts for Covering Here are the key news stories impacting Brinker International this week: - Positive Sentiment: Zacks highlighted rising earnings estimates for Brinker International, suggesting improving analyst expectations could support the shares. The company recently reported revenue growth of 5.1% year over year and expects fiscal 2027 EPS of $12.60 to $13.40. Earnings Estimates Moving Higher for Brinker International - Positive Sentiment: Brinker’s strong price momentum and growth profile remain supportive factors. Zacks noted that EAT had gained 5.31% over the prior week and may appeal to momentum and growth investors. Brinker International Growth Stock Analysis - Neutral Sentiment: Piper Sandler raised its price target from $166 to $240 but kept a Neutral rating, indicating improved expectations while signaling limited upside at recent levels. Northcoast Research also moved its rating to Neutral. Piper Sandler Raises Brinker Price Target - Negative Sentiment: Several senior executives reduced their holdings. CEO Kevin Hochman sold 40,000 shares for approximately $9.7 million, while SVP Daniel Fuller, EVPs George Felix and Aaron White, COO Douglas Comings, and Director Cindy Davis also reported sales. The breadth of the transactions may weigh on sentiment, although some sales were conducted under a Rule 10b5-1 plan or to cover taxes related to vested shares. Brinker Insider Sales After Record Stock Surge ## Analysts Set New Price Targets EAT has been the topic of a number of recent analyst reports. Northcoast Research lowered Brinker International from a "buy" rating to a "neutral" rating in a report on Friday, August 14th. UBS Group raised their target price on Brinker International from $190.00 to $260.00 and gave the company a "buy" rating in a research report on Monday, August 10th. BMO Capital Markets raised their target price on Brinker International from $175.00 to $230.00 and gave the company a "market perform" rating in a research report on Thursday, August 13th. Weiss Ratings upgraded Brinker International from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Tuesday, August 11th. Finally, Mizuho boosted their price target on shares of Brinker International from $175.00 to $275.00 and gave the stock an "outperform" rating in a report on Thursday, August 13th. Sixteen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $238.05. **View Our Latest Stock Analysis on EAT** ## About Brinker International (Get Free Report) Brinker International, Inc (NYSE: EAT) is a leading global operator of casual dining restaurants. The company's portfolio is anchored by its flagship Chili's® Grill & Bar concept and Maggiano's® Little Italy full‐service restaurants, offering a range of American‐style menu items, handcrafted cocktails and family‐friendly dining experiences. Through dine‐in, takeout, delivery and catering services, Brinker seeks to meet consumer preferences across multiple channels. The Chili's brand features signature items such as baby back ribs, burgers and fajitas alongside a rotating selection of limited‐time offerings and seasonal beverages. ## Featured Stories - Five stocks we like better than Brinker International - The AI Boom Is Turning This Cable Maker Into a Stock to Watch - A Star Investor Just Trimmed Amazon—Here's What It means - Wendy’s Deal Buzz May Give Fast-Food Investors a New Reason to Look - Home Depot Analysts See a Path to $375 and Beyond *This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to \[email protected\].* Insider Buying or Selling at Brinker International? Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Brinker International and related companies. 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