The Sr. VP, Chief Global Dev. Ofc. of Denny’s Corp (NASDAQ: DENN) is Selling Shares

By Carrie Williams

Today, the Sr. VP, Chief Global Dev. Ofc. of Denny’s Corp (DENNResearch Report), Stephen C. Dunn, sold shares of DENN for $212.2K.

Following Stephen C. Dunn’s last DENN Sell transaction on June 08, 2018, the stock climbed by 1.9%. In addition to Stephen C. Dunn, 3 other DENN executives reported Sell trades in the last month.

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Based on Denny’s Corp’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $160 million and quarterly net profit of $11.5 million. In comparison, last year the company earned revenue of $135 million and had a net profit of $13.15 million. DENN’s market cap is $1.1B and the company has a P/E ratio of 26.64. Currently, Denny’s Corp has an average volume of 345.7K.

Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $20.33, reflecting a 14.0% upside.

The insider sentiment on Denny’s Corp has been negative according to 31 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Denny’s Corp. operates as a family restaurant chain, which owns and operates Denny’s restaurant brand. It provides breakfast, lunch and dinner including craveable burgers, sandwiches, salads and entrees. The company also offers appetizers and desserts cater to the late-night crowd.