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 $120,677,464 were purchased by JAB BevCo B.V. on Jan 29 ’25. At $33.34 per share, JAB BevCo B.V. acquired 3,619,600 shares. The insider’s holdings grew to 218,063,479 shares worth approximately $6.79 billion following the completion of this transaction.
Also, JAB BevCo B.V. sold 69,000,000 shares, netting a total of over 2,252,850,000 in proceeds. Following the sale of shares at $32.65 each, the insider now holds 214,443,879 shares.
Before that, YOUNG LARRY D had added 100,000 shares to its account. In a trade valued at $3,695,890, the Former officer/director bought Keurig Dr Pepper Inc shares for $36.96 each.
As published in their initiating research note from Piper Sandler on January 07, 2025, Keurig Dr Pepper Inc [KDP] has been a Neutral and the price target has been revised to $35. Analysts at Deutsche Bank upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in mid December. As of September 23, 2024, Citigroup has increased its “Neutral” rating to a “Buy” for KDP. Earlier on June 24, 2024, Exane BNP Paribas initiated its rating. Their recommendation was “a Neutral” for KDP stock.
Analyzing KDP Stock Performance
During the last five days, there has been a drop of approximately -2.29%. Over the course of the year, Keurig Dr Pepper Inc shares have dropped approximately -3.08%. Shares of the company reached a 52-week high of $32.81 on 02/03/25 and a 52-week low of $30.12 on 01/13/25. A 50-day SMA is recorded $32.11, while a 200-day SMA reached $33.98. Nevertheless, trading volume fell to 8.67 million shares from 7.27 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 30.91, which, if violated, would cause prices to drop to 30.70. In the upper region, resistance lies at 31.49. The next price resistance is at 31.85. RSI (Relative Strength Index) is 43.97 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.03, which suggests the price will decrease in the coming days. Percent R is at 82.96%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
