Yum! Brands’ Board of Directors is Eating Up Stock

Yum! Brands board of directors: Strong insider activity has been going on at Yum! Brands, Inc. (NYSE:YUM). Yesterday, D Robert Walter, a Director on the Board, acquired 20,000 company shares at an average price of $66.0858 (the transaction was actually executed in multiple trades at prices ranging from $66.02 to $66.12). The transaction totaled more than $1,321,700, and leaves Mr. Walter’s holdings at 108,301 shares, valued at $7.2 million.

Yum! Brands, Inc. (NYSE:YUM)

In addition, two other insiders, Guiton Bonnie Hill, Director, and David Jonathan Blum, Senior Vice President and Chief of Public Affairs, purchased stock from the company last Thursday. However, their situations differ slightly from Walter’s. Hill acquired 3,546 shares at $16.9275, making use of some stock options that she holds. Additionally, she sold 2,270 shares at an average price of $65.933, making a big profit. Blum did something similar: he sold 9,500 shares at more than $66 each (actually, he sold them in two rounds, at $66.43 and $66.49), and bought the same amount, paying $29.29 per share, using Stock Appreciation Rights that he owns.

The purchases follow the third quarter earnings call, which took place on Oct. 9th. Even though results came in below analyst projections and the company is still struggling in China mainly due to bad publicity, an avian flu scare and the sluggish Chinese economy, these insiders seem to still deposit their trust on the firm.

Another fact that may have motivated the purchases is Yum’s recent announcement of a quarterly dividend, which is scheduled for Friday, November 1st. Investors of record on Friday, October 11th, will receive a dividend of $0.37 per share, more than 2% of the current stock price.

Disclosure: Javier Hasse holds no position in any stocks mentioned

Recommended Reading:

Ferrellgas Insider Trading Activity Continues

Are CommunityOne Bancorp Directors Looking for a Rebound?

Bassett Furniture Insider Buying Heats Up

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Click here to Read Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 74 percentage points in 2.5 years. Our beta is only 1.2 (download a FREE newsletter and see the details inside)

Lists

Best Selling Magazines in the World

Shortest People in History

The Most Celebrated Holidays in the World

Most Expensive Handbag Brands in the World

Top Selling Comic Book Issues of this Century

The Most Powerful Women in Politics

Best Paid DJs

Most Rebellious Female Artists

Best Paid TV Actresses of 2014

Best Paid Actors of 2014

Most Expensive Horses in the World

Tallest People Ever

Most Encouraging Feminist Celebrities

Best Paid Supermodels of 2014

Top 10 Suburbs for Retirement in 2015

10 Wealthiest Cities in America

Top 10 TED Talks for Entrepreneurs

Best TED Talks on Education

25 Most Dangerous Places to Live in America

Top 10 Ski Resorts in the United States – 2014 List

Top 10 Most Remote Places in the World

Most Visited Museums in the United States

Wealthiest Photographers in the World

Most Famous Gay Athletes

The World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!