A Board Member Bought Almost $500,000 Worth of Darden
According to a filing with the SEC, William Lewis Jr., who serves on the Board of Directors at Darden Restaurants, Inc. (NYSE:DRI), purchased 11,000 shares of the stock on January 11th at an average price of $44.91 per share. This gives Lewis almost 51,000 shares of Darden total in his direct holdings, so this buy is a substantial percentage increase. Darden is a table service restaurant company whose brands include Olive Garden, Red Lobster, LongHorn Steakhouse, and Capital Grille.
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