The EVP Digital and CIO of Bloomin’ Brands (NASDAQ: BLMN) is Selling Shares

By Carrie Williams

Yesterday, the EVP Digital and CIO of Bloomin’ Brands (NASDAQ: BLMN), Donagh Herlihy, sold shares of BLMN for $343.4K.

In addition to Donagh Herlihy, 4 other BLMN executives reported Sell trades in the last month.

Based on Bloomin’ Brands’ latest earnings report from March 31, the company posted quarterly revenue of $1.16B and quarterly net profit of $34.48M. In comparison, last year the company earned revenue of $1.03B and had a net profit of $16.81M. BLMN’s market cap is $1.88B and the company has a P/E ratio of 31.68. The company has a one year high of $19.89 and a one year low of $14.91.

The insider sentiment on Bloomin’ Brands has been neutral according to 45 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.

Bloomin’ Brands, Inc. engages in the acquisition, operation, design, and development of restaurant concepts. It operates through the U.S. and International segments. The U.S. segment operates in USA and Puerto Rico. The International segment operates in Brazil, South Korea, Hong Kong, and China. Its brands include Outback Steakhouse, Carrabba’s Italian Grill. Bonefish Grill, and Fleming’s Prime Steakhouse & Wine Bar. The company was founded by Chris Thomas Sullivan, Robert Danker Basham and John Timothy Gannon in October 2006 and is headquartered in Tampa, FL.