Kroger Co.’s recently made public that its Senior VP & Interim CFO Foley Todd A unloaded Company’s shares for reported $0.37 million on Apr 26 ’24. In the deal valued at $55.69 per share,6,616 shares were sold. As a result of this transaction, Foley Todd A now holds 46,958 shares worth roughly $2.44 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Kimball Kenneth C sold 30,251 shares, generating $1,693,451 in total proceeds. Upon selling the shares at $55.98, the Senior Vice President now owns 105,298 shares.
Before that, Adcock Mary Ellen sold 82,806 shares. Kroger Co. shares valued at $4,605,194 were divested by the Senior Vice President at a price of $55.61 per share. As a result of the transaction, Adcock Mary Ellen now holds 193,469 shares, worth roughly $10.07 million.
Wells Fargo upgraded its Kroger Co. [KR] rating to an Overweight from a an Equal weight in a research note published on April 16, 2024; the price target was increased to $65 from $58. A number of analysts have revised their coverage, including Exane BNP Paribas’s analysts, who decreased its forecast for the stock in early April from “a Neutral” to “an Underperform”. Telsey Advisory Group also remained covering KR and reiterated its “an Outperform” recommendation on March 28, 2024. Telsey Advisory Group maintained its rating on March 08, 2024. It rated KR as “an Outperform”.
Price Performance Review of KR
On Tuesday, Kroger Co. [NYSE:KR] saw its stock jump 0.35% to $52.04. Over the last five days, the stock has lost -0.52%. Kroger Co. shares have risen nearly 13.85% since the year began. Nevertheless, the stocks have risen 13.33% over the past one year. While a 52-week high of $58.34 was reached on 04/03/24, a 52-week low of $42.10 was recorded on 02/07/24. SMA at 50 days reached $55.13, while 200 days put it at $48.56. A total of 5.51 million shares were traded, compared to the trading of 5.45 million shares in the previous session.
Levels Of Support And Resistance For KR Stock
The 24-hour chart illustrates a support level at 51.80, which if violated will result in even more drops to 51.55. On the upside, there is a resistance level at 52.26. A further resistance level may holdings at 52.47. The Relative Strength Index (RSI) on the 14-day chart is 33.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.89%. Stochastics %K at 9.98% indicates the stock is a buying.
