On January 21, 2026, Scott L. O’Melia, Chief Legal Officer of Driven Brands Holdings Inc. (NASDAQ: DRVN), executed a stock sale comprising 46,875 shares at $16.00 each, totaling $750,000. This sale was conducted at a price point close to Driven Brands’ current market price of $16.08, reflecting the company’s 9.18% year-to-date appreciation despite its ongoing unprofitable status over the last twelve months.
Following this transaction, O’Melia retains a substantial stake, holding 326,944 shares, as disclosed in a recent SEC Form 4 filing. The company, operating within the auto services segment and holding a market capitalization of $2.64 billion, is considered slightly undervalued based on InvestingPro’s valuation assessments.
Analysts anticipate Driven Brands will return to profitability within the current fiscal year, with official earnings results scheduled for release on February 19. Investor interest is further supported by analyst price targets ranging between $17 and $24, indicating possible upside potential beyond current trading levels.
In the latest financial results, Driven Brands surpassed analyst expectations for its third quarter, reporting adjusted earnings per share of $0.34, which was $0.04 above consensus estimates. Revenues marginally exceeded forecasts, reaching $535.7 million versus an anticipated $535.02 million. Additionally, the company has refined its full-year guidance, signaling a more precise outlook.
Further reinforcing positive sentiment, BTIG has reiterated its Buy recommendation on Driven Brands, assigning a price target of $21.00. This follows the strategic announcement of the sale of Driven Brands’ IMO international car wash operations, a move that will be reported as discontinued operations starting with the company’s fourth-quarter earnings for 2025.
These developments shed light on Driven Brands’ ongoing efforts to enhance financial performance and strategic positioning within the auto services industry, while marking notable insider activity by one of its key executives.