Kraft Heinz Co’s recent filing unveils that its EVP & Pres. North America Navio Pedro F P unloaded Company’s shares for reported $1.51 million on Nov 05 ’24. In the deal valued at $33.45 per share,45,000 shares were sold. As a result of this transaction, Navio Pedro F P now holds 168,195 shares worth roughly $ 4.93 million.
Then, PEDRO FRANCISCO PREZENCO NAVIO bought 45,000 shares, generating $1,505,362 in total proceeds.
Before that, La Lande Rashida bought 15,000 shares. Kraft Heinz Co shares valued at $519,788 were divested by the Former Officer at a price of $34.65 per share.
Citigroup downgraded its Kraft Heinz Co [KHC] rating to a Neutral from a a Buy in a research note published on February 13, 2025; the price target was decreased to $28 from $34. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in mid February from “a Buy” to “an Underperform”. Mizuho also remained covering KHC and has decreased its forecast on February 10, 2025 with a “Neutral” recommendation from previously “an Outperform” rating. Evercore ISI revised its rating on January 07, 2025. It rated KHC as “an In-line” which previously was an “an Outperform”.
Price Performance Review of KHC
On Tuesday, Kraft Heinz Co [NASDAQ:KHC] saw its stock jump 1.38% to $29.32. Over the last five days, the stock has gained 1.24%. Kraft Heinz Co shares have fallen nearly -4.53% since the year began. Nevertheless, the stocks have fallen -14.17% over the past one year. While a 52-week high of $38.96 was reached on 01/02/25, a 52-week low of $27.25 was recorded on 02/12/25. SMA at 50 days reached $29.94, while 200 days put it at $33.16.
Levels Of Support And Resistance For KHC Stock
The 24-hour chart illustrates a support level at 28.81, which if violated will result in even more drops to 28.31. On the upside, there is a resistance level at 29.63. A further resistance level may holdings at 29.95. The Relative Strength Index (RSI) on the 14-day chart is 48.91, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 32.57%. Stochastics %K at 58.74% indicates the stock is a holding.
