Insider Buying

Insider Buying Report: McDonald’s Corp. (MCD:US)

McDonald’s Corp.
(MCD:US)
12 months:
+6.26%
Activity:
Bullish
Pattern:
Purchase from a director
News:
Fourth Quarter and Full Year 2021 Results
McDonald’s Corp.
(MCD:US)
12 months:
+6.26%
Activity:
Bullish
Pattern:
Purchase from a director
News:
Fourth Quarter and Full Year 2021 Results
Couple of Mcdonald's burger, fries and two Coca-Cola glasses are placed on a Mcdonald's paper with a black background.

Today we are looking at recent insider buying at McDonald’s Corp. (MCD:US).

McDonald’s Corp runs the world’s largest fast-food chain, with franchises recognized across the globe. The company trades on the New York Stock Exchange and has a market capitalization of approximately $176.24 billion.

Any insider trading behaviour at a corporation with such global significance is worth examining, and the size of the trade in this example lends added weight to our analysis.

McDonald’s Corp: Insider Buying

A high-level insider at McDonald's just purchased a significant level of stock, according to our data.

On February 28, 2022, Cathy Engelbert, an Independent Director of McDonald's Corp., purchased 1,000 MCD shares at a price of $244.18 per share. The total value of this transaction was approximately $244,180. Engelbert’s holding is now 2,041 MCD shares as a result of this transaction.

The chart shows the price history of McDonald’s Corporation over one year, with important purchase and sale events highlighted.

What does this mean for McDonald’s?

This trade is vital for potential investors to follow closely for multiple reasons. Firstly, the large value of this purchase indicates confidence from the insider that the stock is undervalued currently.

This sentiment is reinforced by the fact Engelbert has nearly doubled her holding in the company, increasing by nearly 100%.

Cathy Engelbert is a well-known businesswoman with a strong financial background, having been the first woman to become Deloitte CEO, one of the ‘Big Four’ professional services firms. Engelbert is also the first-ever Commissioner of the Women's National Basketball Association (WNBA).

Based on her extensive background supported by her strong investment knowledge and the size of this trade, we see the insider’s activity here as bullish.

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