Verde Servicos Internacionais S.A. substantially increased its holdings in Domino's Pizza Inc (NASDAQ:DPZ) by 64.4% during the third quarter. The investment firm now possesses 30,784 shares of DPZ, valued at an impressive $13.29 million, making it their ninth-largest investment position. This move underscores a notable institutional confidence in the pizza giant, as institutional investors collectively own 94.63% of Domino's Pizza's stock. However, the sentiment remains mixed, with an executive insider reportedly selling a portion of their holdings. Analysts currently maintain a "Hold" consensus rating for DPZ, setting a target price of $478.33, suggesting a cautious yet stable outlook for the stock.
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