KFC CEO Scott Mezvinsky sells $41,044 in YUM Brands stock By Investing.com
Scott Mezvinsky, CEO of KFC Division at YUM Brands Inc. (), sold common stock valued at $41,044 on August 3, 2026. The shares were sold at a price of $153.15 each.
The transaction involved the sale of 268 shares of YUM Brands common stock. This sale followed the acquisition of 483 shares through the exercise of a stock appreciation right at a price of $68.00 per share, totaling $32,844. Additionally, 215 shares were disposed of at $153.28 per share, totaling $32,955. All reported transactions were conducted pursuant to a pre-arranged 10b5-1 trading plan.The insider sale comes as YUM Brands, with a market capitalization of $40.62 billion, trades at a P/E ratio of 18.79. According to InvestingPro analysis, the stock appears undervalued relative to its Fair Value, placing it among opportunities on the most undervalued stocks list. InvestingPro Tips highlight that the company has raised its dividend for 8 consecutive years and is trading at a low P/E ratio relative to near-term earnings growth—just 2 of 8 exclusive tips available to subscribers. For deeper insights, investors can access YUM’s comprehensive Pro Research Report, one of 1,400+ available for top US equities.
In other recent news, Yum! Brands reported second-quarter 2026 earnings that exceeded profit expectations, although revenue slightly missed projections. The company achieved an earnings per share of $1.62, surpassing the anticipated $1.58, while revenue reached $2.17 billion, just below the expected $2.19 billion. Investors seemed optimistic due to robust digital growth and improved margins. Yum! Brands also completed a strategic review of Pizza Hut and decided to sell the business in separate transactions. Digital sales, excluding Pizza Hut, grew by 25% year-over-year, reaching over $17 billion in the first half of the year. Additionally, Taco Bell’s U.S. restaurant-level margins expanded to 26.2%, aided by strong sales and effective cost management. KFC reported a 6% increase in system sales, driven by unit expansion and a 2% rise in same-store sales. In a separate development, Michigan health officials contacted Yum! Brands in early July regarding a parasitic outbreak, weeks before the company informed consumers. The discussions involved potential interventions to address the issue.
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