In a filing, Keurig Dr Pepper Inc revealed its 10% Owner JAB BevCo B.V. unloaded Company’s shares for reported $2.25 billion on Oct 30 ’24. In the deal valued at $32.65 per share,69,000,000 shares were sold. As a result of this transaction, JAB BevCo B.V. now holds 214,443,879 shares worth roughly $7.1 billion.
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, YOUNG LARRY D bought 100,000 shares, generating $3,695,890 in total proceeds.
Before that, YOUNG LARRY D bought 100,000 shares. Keurig Dr Pepper Inc shares valued at $3,495,896 were divested by the Former officer/director at a price of $34.96 per share.
Deutsche Bank upgraded its Keurig Dr Pepper Inc [KDP] rating to a Buy from a a Hold in a research note published on December 12, 2024; the price target was increased to $39 from $37. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in late September from “a Neutral” to “a Buy”. Exane BNP Paribas began covering KDP with “Neutral” recommendation on June 24, 2024. Truist revised its rating on June 17, 2024. It rated KDP as “a Hold” which previously was an “a Sell”.
Price Performance Review of KDP
On Monday, Keurig Dr Pepper Inc [NASDAQ:KDP] saw its stock fall -1.28% to $33.12. Over the last five days, the stock has lost -1.43%. Keurig Dr Pepper Inc shares have fallen nearly -0.60% since the year began. Nevertheless, the stocks have risen 2.83% over the past one year. While a 52-week high of $38.28 was reached on 09/24/24, a 52-week low of $28.61 was recorded on 03/15/24. SMA at 50 days reached $33.89, while 200 days put it at $33.72.
Levels Of Support And Resistance For KDP Stock
The 24-hour chart illustrates a support level at 32.88, which if violated will result in even more drops to 32.63. On the upside, there is a resistance level at 33.59. A further resistance level may holdings at 34.05. The Relative Strength Index (RSI) on the 14-day chart is 48.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 44.27%. Stochastics %K at 75.17% indicates the stock is a holding.
How much short interest is there in Keurig Dr Pepper Inc?
A steep rise in short interest was recorded in Keurig Dr Pepper Inc stocks on 2024-11-29, dropping by -7.32 million shares to a total of 16.89 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 24.21 million shares. There was a decline of -43.34%, which implies that there is a negative sentiment for the stock.
