Insight Advisors LLC PA Decreases Holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Insight Advisors LLC PA decreased its holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 7.5% in the fourth quarter, Holdings Channel reports. The fund owned 732 shares of the restaurant operator’s stock after selling 59 shares during the quarter. Insight Advisors LLC PA’s holdings in Domino’s Pizza were worth $308,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. True Wealth Design LLC raised its stake in shares of Domino’s Pizza by 2,033.3% in the third quarter. True Wealth Design LLC now owns 64 shares of the restaurant operator’s stock valued at $28,000 after acquiring an additional 61 shares during the period. Livforsakringsbolaget Skandia Omsesidigt bought a new position in Domino’s Pizza during the 3rd quarter valued at about $43,000. Blue Trust Inc. raised its position in Domino’s Pizza by 100.0% in the 3rd quarter. Blue Trust Inc. now owns 126 shares of the restaurant operator’s stock worth $54,000 after purchasing an additional 63 shares during the period. Rakuten Securities Inc. lifted its stake in Domino’s Pizza by 195.6% in the third quarter. Rakuten Securities Inc. now owns 133 shares of the restaurant operator’s stock worth $57,000 after purchasing an additional 88 shares during the last quarter. Finally, ORG Wealth Partners LLC purchased a new position in shares of Domino’s Pizza during the third quarter valued at approximately $93,000. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on DPZ shares. BMO Capital Markets reduced their price target on Domino’s Pizza from $510.00 to $500.00 and set an “outperform” rating on the stock in a report on Friday, October 11th. Loop Capital upgraded Domino’s Pizza from a “hold” rating to a “buy” rating and increased their target price for the stock from $419.00 to $559.00 in a research note on Friday, November 8th. Jefferies Financial Group lowered their target price on shares of Domino’s Pizza from $455.00 to $450.00 and set a “hold” rating for the company in a research note on Friday, October 11th. TD Cowen raised their price target on shares of Domino’s Pizza from $475.00 to $515.00 and gave the stock a “buy” rating in a research note on Monday, November 25th. Finally, Oppenheimer lifted their price objective on shares of Domino’s Pizza from $490.00 to $495.00 and gave the company an “outperform” rating in a report on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Domino’s Pizza has an average rating of “Moderate Buy” and an average target price of $502.33.

Insiders Place Their Bets

In other news, EVP Kevin Scott Morris sold 2,646 shares of the business’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $459.00, for a total transaction of $1,214,514.00. Following the sale, the executive vice president now owns 1,966 shares in the company, valued at approximately $902,394. The trade was a 57.37 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.81% of the company’s stock.

Domino’s Pizza Stock Up 3.5 %

NASDAQ DPZ opened at $470.56 on Friday. Domino’s Pizza, Inc. has a 52 week low of $396.06 and a 52 week high of $542.75. The company has a 50 day moving average price of $438.48 and a 200 day moving average price of $431.22. The firm has a market cap of $16.25 billion, a PE ratio of 28.90, a price-to-earnings-growth ratio of 2.35 and a beta of 0.90.

About Domino’s Pizza

Domino’s Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. The company operates through three segments: U.S. Stores, International Franchise, and Supply Chain. It offers pizzas under the Domino’s brand name through company-owned and franchised stores.