Kroger Co’s recent filing unveils that its Senior Vice President and CIO COSSET YAEL unloaded Company’s shares for reported $1.17 million on Dec 10 ’24. In the deal valued at $58.39 per share,20,000 shares were sold. As a result of this transaction, COSSET YAEL now holds 144,620 shares worth roughly $8.78 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, COSSET YAEL sold 30,000 shares, generating $1,756,260 in total proceeds. Upon selling the shares at $58.54, the Senior Vice President and CIO now owns 164,620 shares.
Before that, Massa Timothy A sold 25,889 shares. Kroger Co shares valued at $1,556,498 were divested by the Senior Vice President at a price of $60.12 per share. As a result of the transaction, Massa Timothy A now holds 115,861 shares, worth roughly $7.04 million.
Jefferies upgraded its Kroger Co [KR] rating to a Buy from a a Hold in a research note published on December 03, 2024; the price target was increased to $73 from $54. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who decreased its forecast for the stock in early December from “an Outperform” to “a Market perform”. Telsey Advisory Group also remained covering KR and reiterated its “an Outperform” recommendation on November 27, 2024. Exane BNP Paribas started covering the stock on October 18, 2024. It rated KR as “a Neutral”.
Price Performance Review of KR
On Tuesday, Kroger Co [NYSE:KR] saw its stock jump 5.12% to $60.73. Over the last five days, the stock has gained 1.27%. Kroger Co shares have risen nearly 32.86% since the year began. Nevertheless, the stocks have risen 36.23% over the past one year. While a 52-week high of $61.37 was reached on 12/05/24, a 52-week low of $43.51 was recorded on 02/07/24. SMA at 50 days reached $57.81, while 200 days put it at $54.80.
Levels Of Support And Resistance For KR Stock
The 24-hour chart illustrates a support level at 58.59, which if violated will result in even more drops to 56.46. On the upside, there is a resistance level at 62.08. A further resistance level may holdings at 63.44. The Relative Strength Index (RSI) on the 14-day chart is 58.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.48, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 14.92%. Stochastics %K at 50.43% indicates the stock is a holding.
How much short interest is there in Kroger Co?
A steep rise in short interest was recorded in Kroger Co stocks on 2024-11-15, dropping by -1.41 million shares to a total of 8.27 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 9.68 million shares. There was a decline of -17.06%, which implies that there is a negative sentiment for the stock.
