Yum! Brands (YUM) : Traders are bullish on Yum! Brands (YUM) as it has outperformed the S&P 500 by a wide margin of 0.33% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.51%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.02% in the last 1 week, and is up 4.72% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 4.63% and the 50-Day Moving Average is 6.29%.
Yum! Brands (NYSE:YUM): The stock opened at $88.50 on Friday but the bulls could not build on the opening and the stock topped out at $88.78 for the day. The stock traded down to $87.46 during the day, due to lack of any buying support eventually closed down at $87.49 with a loss of -0.88% for the day. The stock had closed at $88.27 on the previous day. The total traded volume was 4,227,518 shares.
The company Insiders own 7.38% of Yum! Brands shares according to the proxy statements. Institutional Investors own 77.55% of Yum! Brands shares. During last six month period, the net percent change held by insiders has seen a change of -4.76%. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (CEO, KFC) of Yum Brands Inc, Eaton Roger G. had sold 44,952 shares worth of $3,979,601 in a transaction dated July 15, 2016. In this transaction, 44,952 shares were sold at $88.53 per share.
YUM! Brands, Inc. (YUM) is engaged in restaurant business. YUM develops, operates, franchises and licenses a system of both traditional and non-traditional Quick Service Restaurants (QSR), which prepare, package and sell a menu of food items. YUM operates in five segments: YUM China, which includes all operations in mainland China; YUM India, which includes all operations in India, Bangladesh, Nepal and Sri Lanka; The KFC Division, which includes all operations of the KFC concept outside of China Division and India Division; The Pizza Hut Division, which includes all operations of the Pizza Hut concept outside of China Division and India Division; and the Taco Bell Division , which includes all operations of the Taco Bell concept outside of India Division. Its three Concepts focus on the chicken, pizza and Mexican-style food categories. The Company operates approximately 41,000 restaurants in approximately 125 countries and territories.