20 Most Expensive Stocks Insiders Are Dumping In March

11. Domino’s Pizza, Inc. (NASDAQ:DPZ)

Market Capitalization: $15.79 billion

Domino’s Pizza is an American multinational pizza chain founded in 1960 and headquartered in Ann Arbor, Michigan. It operates over 15,000 stores worldwide, offering pizzas and a variety of other food items like wings, pasta, and desserts. The company operates through U.S. stores, international franchises, and its supply chain segment.

For the fourth quarter of 2024, Domino’s Pizza disclosed a revenue increase of $40.09 million from the revenue in the fourth quarter of 2023. The company attributes the revenue growth to higher supply chain and U.S. franchise advertising revenues. Net income grew $12.2 million compared to the same period of 2023. Diluted earnings per share were $4.89 in the fourth quarter of 2024, compared to $4.48 in the fourth quarter of 2023, representing a $0.41 or 9.2% increase.

In February, the company’s board of directors approved a 15% increase in its quarterly dividend, declaring a dividend of $1.74 per share on its outstanding common stock.

This month, five insiders, including the CFO, sold approximately $7.32 million worth of Domino’s Pizza shares at an average price of $460.14 per share. Year-to-date, the stock is up 9.65%, trading at $460.27. Over the past 12 months, Domino’s Pizza’s shares dropped 4.71%.

Based on 28 analysts’ estimates, Domino’s Pizza stock is a “Moderate Buy” with a price target of $503.41, reports MarketBeat. The average price target represents a potential upside of 9.37% from the latest price.

Domino’s Pizza is also one of the 10 best delivery stocks to buy according to billionaires.