Insider Activity: President of Tim Hortons at Restaurant Brands International (QSR) Buys $2.9 Million in Stock
Alexandre Macedo, President of Tim Hortons at Restaurant Brands International (QSR), bought 45,000 shares of the company’s common stock on Feb. 19. At $64.73 per share, Macedo paid a total of $2,912,850 for the new shares.
Already a member?
Login to see your Insider Activity Trade Idea.
Not yet a member?
You can receive four timely bull-put credit spreads each market day by joining our InvestorsKeyhole Daily Trade Alerts Service. Our analysts scour the news looking for unusual options activity, how insiders are trading, and breaking news, and publish trades accordingly.
Become A Member
About Restaurant Brands International Inc.
The consolidation of Burger King, Tim Hortons, and Popeyes Louisiana Kitchen as Restaurant Brands International creates the third-largest global quick-service restaurant chain, with $32 billion in pro forma system sales generated in 2018 and more than 26,000 units (99% franchised) as of June 2019. Revenue comes largely from franchise royalties and distribution sales to franchisees. Worldwide, there are 18,000 Burger King locations, almost 4,900 Tim Hortons locations, and more than 3,200 Popeyes locations.