In a filing, Keurig Dr Pepper Inc revealed its 10% Owner JAB BevCo B.V. acquired Company’s shares for reported $120.68 million on Jan 29 ’25. In the deal valued at $33.34 per share,3,619,600 shares were bought. As a result of this transaction, JAB BevCo B.V. now holds 218,063,479 shares worth roughly $7.0 billion.
Then, JAB BevCo B.V. sold 69,000,000 shares, generating $2,252,850,000 in total proceeds. Upon selling the shares at $32.65, the 10% Owner now owns 214,443,879 shares.
Before that, YOUNG LARRY D bought 100,000 shares. Keurig Dr Pepper Inc shares valued at $3,695,890 were divested by the Former officer/director at a price of $36.96 per share.
Piper Sandler initiated its Keurig Dr Pepper Inc [KDP] rating to a Neutral in a research note published on January 07, 2025; the price target was $35. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who increased its forecast for the stock in mid December from “a Hold” to “a Buy”. Citigroup also remained covering KDP and has increased its forecast on September 23, 2024 with a “Buy” recommendation from previously “Neutral” rating. Exane BNP Paribas started covering the stock on June 24, 2024. It rated KDP as “a Neutral”.
Price Performance Review of KDP
On Friday, Keurig Dr Pepper Inc [NASDAQ:KDP] saw its stock fall -0.43% to $32.10. Over the last five days, the stock has gained 3.05%. Keurig Dr Pepper Inc shares have fallen nearly -0.06% since the year began. Nevertheless, the stocks have risen 0.94% over the past one year. While a 52-week high of $38.28 was reached on 01/02/25, a 52-week low of $28.61 was recorded on 01/13/25. SMA at 50 days reached $32.11, while 200 days put it at $33.97.
Levels Of Support And Resistance For KDP Stock
The 24-hour chart illustrates a support level at 31.87, which if violated will result in even more drops to 31.65. On the upside, there is a resistance level at 32.36. A further resistance level may holdings at 32.62. The Relative Strength Index (RSI) on the 14-day chart is 53.85, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.60, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 12.97%. Stochastics %K at 91.18% indicates the stock is a selling.
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 2025-01-15, growing by 4.77 million shares to a total of 22.44 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 17.66 million shares. There was a rise of 21.28%, which implies that there is a positive sentiment for the stock.
