We recently published a list of 20 Most Expensive Stocks Insiders Are Dumping In March. In this article, we are going to take a look at where Domino’s Pizza, Inc. (NASDAQ:DPZ) stands against other most expensive stocks insiders are dumping in March.
After being in the green for a few trading sessions, the broader market index slid 0.8% on Wednesday, and blue-chip companies declined 0.1%. The NASDAQ Composite was down 1.6% in the early afternoon. On Tuesday, Trump provided an update on tariffs, saying they will likely be more “lenient than reciprocal,” suggesting a more relaxed approach, reports CNBC.
As investors process daily market developments, uncertainty continues to impact the market. In these periods, insider trading often attracts attention, as purchases of company stock by executives may suggest confidence in the company’s future. However, insider selling doesn’t necessarily imply a lack of faith—it may be driven by personal financial needs or a desire for diversification. Executives frequently rely on pre-established plans, such as 10b5-1, to maintain transparency. While insider trading can provide useful insights, it should be evaluated in the context of a company’s financial health, market trends, and industry changes.
What are some of the most expensive stocks insiders have been selling this month so far? To find out, we used Insider Monkey’s insider trading stock screener, focusing only on stocks where at least three insiders had sold shares in March. From there, we ranked the 20 stocks with the highest average price per share in times of sales.
Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds, focusing on insider trading and stock picks from hedge fund investor newsletters and conferences. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
With each stock, we note the average price per share of these sales and the stock’s market capitalization.
A close up shot of a pizza being freshly made in a restaurant kitchen.
Domino’s Pizza, Inc. (NASDAQ:DPZ)
Market Capitalization: $15.79 billion
Domino’s Pizza, Inc. (NASDAQ:DPZ) 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 (NASDAQ:DPZ) 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 (NASDAQ:DPZ) 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 (NASDAQ:DPZ) is also one of the 10 best delivery stocks to buy according to billionaires.
Overall, DPZ ranks 11th on our list of most expensive stocks insiders are dumping in March. While we acknowledge the potential of DPZ our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than DPZ but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
