Douglas Milanes Buys Shares of Darden Restaurants
Douglas Milanes, a senior vice president at Darden Restaurants, purchased 2,171 shares.
Key Points
- Douglas Milanes, SVP at Darden Restaurants, bought 2,171 shares on June 23, 2026.
- Shares of NYSE:DRI traded near $209.98 on Thursday, with a market cap of $24.28 billion.
- Analysts from firms like Guggenheim and Citigroup maintain a 'buy' rating with targets up to $276.
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Douglas Milanes, the Senior Vice President and Chief Supply Chain Officer at Darden Restaurants, Inc., has purchased 2,171 shares of the company. The transaction took place on June 23, 2026, and was not part of a pre-planned trading scheme. The shares were acquired at an unspecified price.
Insider Buying and Selling at Darden Restaurants, Inc.
On the same day, several other executives at Darden Restaurants also bought shares. Ricardo Cardenas, President and CEO, acquired 23,249 shares, while John Wilkerson, President of Olive Garden, purchased 2,325 shares. Rajesh Vennam, the Senior Vice President and CFO, bought 5,890 shares. These transactions were similarly unplanned.
Darden Restaurants, Inc. Stock Down 2.6%
Shares of Darden Restaurants, Inc. (NYSE:DRI) traded near $209.98 on Thursday. The company boasts a market capitalization of approximately $24.28 billion and a price-to-earnings (P/E) ratio of 22.32. Over the past 52 weeks, the stock has ranged from a low of $169.00 to a high of $224.94. The 50-day moving average is $199.51, with a 200-day moving average of $195.85. Darden has a current ratio of 0.387 and a quick ratio of 0.133, indicating its liquidity position.
$DRI stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
Analyst firms have recently reiterated their positive outlook on Darden Restaurants. On June 24, 2026, Guggenheim maintained a 'buy' rating with a price target of $235. Oppenheimer reiterated a 'buy' rating on June 18, 2026, also targeting $235. Citigroup, on June 15, 2026, maintained its 'buy' rating with a target of $245. B of A Securities set a higher target of $276 on June 5, 2026. The consensus among 26 analysts is a 'buy' recommendation, with an average price target of $226.23.
About Darden Restaurants
Darden Restaurants, Inc. operates full-service restaurants primarily in the United States and Canada. The company owns popular brands such as Olive Garden, LongHorn Steakhouse, and Cheddar's Scratch Kitchen. Founded in 1938, Darden is headquartered in Orlando, Florida, and is led by CEO Ricardo Cardenas. With nearly 198,000 employees, the company is a major player in the consumer cyclical sector.
Bottom Line
Douglas Milanes' recent purchase of shares in Darden Restaurants highlights insider confidence in the company's prospects. As a major restaurant operator, Darden's stock performance is closely watched by investors. With analysts maintaining a 'buy' rating, the company remains a key focus in the consumer cyclical sector.
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