An Analysis of Mondelez International Inc. (MDLZ)’s Potential Price Growth


Mondelez International Inc.’s recent filing unveils that its EVP and President AMEA Brusadelli Maurizio unloaded Company’s shares for reported $1.38 million on Feb 22. In the deal valued at $66.68 per share,20,675 shares were sold. As a result of this transaction, Brusadelli Maurizio now holds 205,081 shares worth roughly $ 13.46 million.

From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio

The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.

Get our free report, "Top 5 AI Stocks to Buy for 2023".


Then, Brusadelli Maurizio sold 22,388 shares, generating $1,512,309 in total proceeds. Upon selling the shares at $67.55, the EVP and President AMEA now owns 0 shares.

Before that, COUSIN ERTHARIN sold 67 shares. Mondelez International Inc. shares valued at $4,179 were divested by the Director at a price of $62.37 per share. As a result of the transaction, COUSIN ERTHARIN now holds 4,319 shares, worth roughly $0.28 million.

Wells Fargo initiated its Mondelez International Inc. [MDLZ] rating to an Overweight in a research note published on Monday, January 03, 2023; the price target was $75. PT values the company’s stock at a premium of 12.48 to its Monday closing price. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who decreased its forecast for the stock in early January from “an Outperform” to “a Sector perform”. UBS also remained covering MDLZ and has decreased its forecast on December 08, 2022 with a “Neutral” recommendation from previously “Buy” rating. Exane BNP Paribas started covering the stock on November 15, 2022. It rated MDLZ as “a Neutral”.

Price Performance Review of MDLZ

On Monday, Mondelez International Inc. [NASDAQ:MDLZ] saw its stock jump 0.14% to $65.64. On the same session, the stock had its day’s lowest price of $65.5221, but rose to a high of $66.285. Over the last five days, the stock has lost -1.81%. Mondelez International Inc. shares have fallen nearly -1.52% since the year began. Nevertheless, the stocks have risen 1.53% over the past one year. While a 52-week high of $68.81 was reached on 01/09/23, a 52-week low of $54.72 was recorded on 01/20/23. SMA at 50 days reached $66.03, while 200 days put it at $63.18. A total of 3.33 million shares were traded, compared to the trading of 5.24 million shares in the previous session.

Levels Of Support And Resistance For MDLZ Stock

The 24-hour chart illustrates a support level at 65.35, which if violated will result in even more drops to 65.05. On the upside, there is a resistance level at 66.11. A further resistance level may holdings at 66.58. The Relative Strength Index (RSI) on the 14-day chart is 48.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.05%. Stochastics %K at 49.35% indicates the stock is a holding.

How much short interest is there in Mondelez International Inc.?

A steep rise in short interest was recorded in Mondelez International Inc. stocks on Jan 30, 2023, dropping by -1.23 million shares to a total of 10.62 million shares. Yahoo Finance data shows the prior-month short interest on Dec 29, 2022 was 11.85 million shares. There was a decline of -11.58%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 0.78% of the overall stock float, the days-to-cover ratio (short ratio) fell to 1.86.

Mondelez International Inc. [MDLZ] – Who Are The Largest Shareholders?

In filings from The Vanguard Group, Inc., it is revealed that the company now owns 116,767,501 shares, or roughly 8.55% of the outstanding MDLZ shares. In other words, the investor’s shares have risen by 1,047,974 from its previous 13-F filing of 115719527.0. Additionally, BlackRock Fund Advisors increased 4.26% of its stake after which the total value it holdings stand at $4,183,786,645, while SSgA Funds Management, Inc. added 0.54% of its stake to hold $3.99 billion in the firm. Over the last quarter, T. Rowe Price Associates, Inc. purchased 4,685,244 shares of Mondelez International Inc., while Geode Capital Management LLC bought 399,152 shares. At present, Wellington Management Co. LLP is holding 22,548,508 shares valued at $1.48 billion. Fidelity Management & Research Co owned 21,312,988 shares of the company at the time of its most recent 13F filing, worth $1.39 billion.

According to FactSet, Mondelez International Inc.’s share price will average $74.88 in the next year, based on opinions of analysts polled by the firm. This is up nearly 14.42 percent from its previous closing price of $65.55. Analysts expect Mondelez International Inc. stock to reach the higher price of $80.00, while the lowest price estimate is $69.00. However, 26 analysts have rated MDLZ stock as an Overweight in their predictions for 2023. The most recent change occurred on September 14, 2022 when Cowen began covering the stock and recommended ‘”an Outperform”‘ rating along with a $71 price target.


Please enter your comment!
Please enter your name here