Insight Advisors LLC PA Sells 59 Shares of Domino’s Pizza, Inc. (NASDAQ:DPZ)

Insight Advisors LLC PA reduced its holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 7.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 732 shares of the restaurant operator’s stock after selling 59 shares during the quarter. Insight Advisors LLC PA’s holdings in Domino’s Pizza were worth $308,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Berkshire Hathaway Inc bought a new stake in Domino’s Pizza during the 3rd quarter valued at approximately $549,399,000. Janney Montgomery Scott LLC boosted its position in shares of Domino’s Pizza by 278.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 11,060 shares of the restaurant operator’s stock valued at $4,643,000 after purchasing an additional 8,136 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Domino’s Pizza by 1.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 229,099 shares of the restaurant operator’s stock valued at $98,545,000 after purchasing an additional 2,201 shares in the last quarter. Commerce Bank grew its stake in Domino’s Pizza by 17.7% in the third quarter. Commerce Bank now owns 9,354 shares of the restaurant operator’s stock worth $4,024,000 after purchasing an additional 1,404 shares during the period. Finally, Benjamin Edwards Inc. bought a new position in Domino’s Pizza in the third quarter worth $1,154,000. 94.63% of the stock is currently owned by institutional investors.

Domino’s Pizza Stock Performance

Shares of Domino’s Pizza stock opened at $470.56 on Friday. The stock has a market cap of $16.25 billion, a P/E ratio of 28.90, a P/E/G ratio of 2.35 and a beta of 0.90. The stock’s fifty day moving average is $438.48 and its 200 day moving average is $431.22. Domino’s Pizza, Inc. has a one year low of $396.06 and a one year high of $542.75.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on DPZ. Morgan Stanley dropped their target price on shares of Domino’s Pizza from $510.00 to $496.00 and set an “overweight” rating on the stock in a report on Tuesday, January 21st. Citigroup cut their price objective on shares of Domino’s Pizza from $450.00 to $440.00 and set a “neutral” rating on the stock in a report on Friday, October 11th. BMO Capital Markets lowered their target price on shares of Domino’s Pizza from $510.00 to $500.00 and set an “outperform” rating for the company in a report on Friday, October 11th. JPMorgan Chase & Co. cut their price target on Domino’s Pizza from $470.00 to $450.00 and set a “neutral” rating on the stock in a research note on Friday, October 11th. Finally, Jefferies Financial Group reduced their price objective on Domino’s Pizza from $455.00 to $450.00 and set a “hold” rating for the company in a research report on Friday, October 11th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Domino’s Pizza currently has a consensus rating of “Moderate Buy” and a consensus target price of $502.33.

Insiders Place Their Bets

In other news, EVP Kevin Scott Morris sold 2,646 shares of the firm’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $459.00, for a total transaction of $1,214,514.00. Following the sale, the executive vice president now directly owns 1,966 shares in the company, valued at $902,394. This trade represents a 57.37 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.81% of the company’s stock.

Domino’s Pizza Profile

Domino’s Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. The company operates through three segments: U.S. Stores, International Franchise, and Supply Chain. It offers pizzas under the Domino’s brand name through company-owned and franchised stores.