Kroger Co’s recent filing unveils that its Vice President & Controller Nichols Brian W unloaded Company’s shares for reported $86723.0 on Mar 13 ’25. In the deal valued at $66.71 per share,1,300 shares were sold. As a result of this transaction, Nichols Brian W now holds 12,090 shares worth roughly $0.8 million.
Then, Massa Timothy A sold 29,554 shares, generating $1,967,260 in total proceeds. Upon selling the shares at $66.56, the Senior Vice President now owns 103,092 shares.
Before that, COSSET YAEL sold 10,510 shares. Kroger Co shares valued at $691,190 were divested by the Senior Vice President and CIO at a price of $65.77 per share. As a result of the transaction, COSSET YAEL now holds 156,809 shares, worth roughly $10.41 million.
Jefferies also remained covering KR and has increased its forecast on December 03, 2024 with a “Buy” recommendation from previously “Hold” rating. BMO Capital Markets revised its rating on December 03, 2024. It rated KR as “a Market perform” which previously was an “an Outperform”.
Price Performance Review of KR
On Monday, Kroger Co [NYSE:KR] saw its stock jump 1.98% to $66.39. Over the last five days, the stock has lost -1.96%. Kroger Co shares have risen nearly 8.57% since the year began. Nevertheless, the stocks have risen 18.38% over the past one year. While a 52-week high of $68.51 was reached on 03/10/25, a 52-week low of $49.04 was recorded on 01/17/25. SMA at 50 days reached $62.89, while 200 days put it at $57.27.
Levels Of Support And Resistance For KR Stock
The 24-hour chart illustrates a support level at 65.54, which if violated will result in even more drops to 64.68. On the upside, there is a resistance level at 66.96. A further resistance level may holdings at 67.53. The Relative Strength Index (RSI) on the 14-day chart is 57.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.97, 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 59.34% 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 2025-02-28, dropping by -5.28 million shares to a total of 38.07 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 43.35 million shares. There was a decline of -13.86%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on November 27, 2024 when Telsey Advisory Group resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $65.
