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BNP Paribas Sells 28,911 Shares of Darden Restaurants, Inc. $DRI
BNP Paribas significantly reduced its stake in Darden Restaurants by 98.6% in the third quarter, selling 28,911 shares and holding only 398 shares valued at $76,000. This move aligns with a trend of company insiders being net sellers of DRI stock recently. Despite these sales, Darden Restaurants maintains a strong market position with solid financial metrics, including a market cap of approximately $23.8 billion, a P/E of 21.7, and a regular quarterly dividend.