The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Keurig Dr Pepper Inc shares valued at $2,252,850,000 were sold by JAB BevCo B.V. on Oct 30 ’24. At $32.65 per share, JAB BevCo B.V. sold 69,000,000 shares. The insider’s holdings dropped to 214,443,879 shares worth approximately $7.07 billion following the completion of this transaction.
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
Also, YOUNG LARRY D purchased 100,000 shares, netting a total of over 3,695,890 in proceeds.
Before that, YOUNG LARRY D had added 100,000 shares to its account. In a trade valued at $3,495,896, the Former officer/director bought Keurig Dr Pepper Inc shares for $34.96 each.
As published in a research note from Citigroup on September 23, 2024, Keurig Dr Pepper Inc [KDP] has been rated up from a Neutral to a Buy and the price target has been revised to $43 from $36. Analysts at Exane BNP Paribas started covering the stock with ‘”a Neutral”‘ outlook in a report released in late June. As of June 17, 2024, Truist has increased its “Sell” rating to a “Hold” for KDP. Earlier on January 03, 2024, Morgan Stanley downgraded its rating. Their new recommendation was “an Equal-weight” for KDP stock which previously was a “an Overweight”.
Analyzing KDP Stock Performance
During the last five days, there has been a drop of approximately -0.03%. Over the course of the year, Keurig Dr Pepper Inc shares have dropped approximately -1.02%. Shares of the company reached a 52-week high of $38.28 on 09/24/24 and a 52-week low of $28.61 on 03/15/24. A 50-day SMA is recorded $36.25, while a 200-day SMA reached $33.47. Nevertheless, trading volume fell to 14.12 million shares from 10.42 million shares the previous day.
Support And Resistance Levels for Keurig Dr Pepper Inc (KDP)
According to the 24-hour chart, there is a support level at 32.59, which, if violated, would cause prices to drop to 32.20. In the upper region, resistance lies at 33.22. The next price resistance is at 33.47. RSI (Relative Strength Index) is 25.52 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.58, which suggests the price will decrease in the coming days. Percent R is at 87.37%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
