Domino’s Pizza CFO Sandeep Reddy sells $109,690 in stock

Published 2025/03/14, 23:22
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Domino’s Pizza Inc. (NYSE:DPZ) Executive Vice President and Chief Financial Officer, Sandeep Reddy, recently sold shares of the company, according to a filing with the Securities and Exchange Commission. On March 12, 2025, Reddy sold 253 shares of Domino’s common stock at an average price of $433.56 per share, totaling $109,690. Following this transaction, Reddy holds 7,828 shares directly. The sale comes as Domino’s stock, currently trading at $425.58 with a market capitalization of $14.6 billion, has experienced a 9% decline over the past week and trades at a P/E ratio of 25.25.

Additionally, Reddy acquired 1,637 shares as a restricted stock unit award, which carries service-based vesting criteria. These shares will vest in equal parts on the anniversaries of the grant date over the next three years. Furthermore, Reddy was awarded options to purchase 5,319 shares of common stock, which will also vest incrementally over the same period. According to InvestingPro analysis, Domino’s is currently trading above its Fair Value, with 12 additional exclusive insights available to subscribers.

These transactions were part of a pre-established trading plan under Rule 10b5-1, adopted by Reddy in December 2024.

In other recent news, Domino’s Pizza has announced several executive promotions as part of its organizational restructuring. Joseph Jordan has been appointed as the new chief operating officer and president of Domino’s U.S., while Weiking Ng has been promoted to executive vice president – International. These changes align with the company’s strategic mindset and aim to enhance global operations. Domino’s Pizza also introduced its first-ever Parmesan stuffed crust pizza, expanding its product offerings and driving innovation. This launch is part of a broader strategy to maintain growth through partnerships and product innovation.

Additionally, UBS analyst Dennis Geiger reaffirmed a Buy rating on Domino’s shares, setting a $540 price target, despite mixed fourth-quarter results. Geiger highlighted the company’s strong international performance and promising U.S. sales initiatives. Similarly, Benchmark analyst Todd Brooks maintained a Buy rating with a $520 price target, noting Domino’s better-than-expected supply chain margins and reduced expenses, although revenue fell slightly short of expectations. Bernstein SocGen Group kept its Market Perform rating with a $440 target, acknowledging Domino’s market share gains and cost discipline.

Despite some challenges in the quick-service restaurant category, analysts remain optimistic about Domino’s strategic initiatives and long-term growth potential. The company’s focus on digital investments and loyalty programs is expected to support continued sales growth. Investors will be closely monitoring how these developments impact Domino’s performance in the coming years.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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