In a filing, Kroger Co revealed its Senior Vice President Kimball Kenneth C unloaded Company’s shares for reported $0.72 million on Mar 21 ’25. In the deal valued at $65.37 per share,11,000 shares were sold. As a result of this transaction, Kimball Kenneth C now holds 127,106 shares worth roughly $8.31 million.
Then, MCMULLEN W RODNEY bought 262,182 shares, generating $17,104,160 in total proceeds.
Before that, Arreaga Gabriel sold 15,959 shares. Kroger Co shares valued at $1,047,421 were divested by the Senior Vice President at a price of $65.63 per share. As a result of the transaction, Arreaga Gabriel now holds 89,085 shares, worth roughly $5.83 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 unchanged to $65.40. Over the last five days, the stock has lost -1.49%. Kroger Co shares have risen nearly 6.95% since the year began. Nevertheless, the stocks have risen 15.08% 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 $63.39, while 200 days put it at $57.61.
Levels Of Support And Resistance For KR Stock
The 24-hour chart illustrates a support level at 64.92, which if violated will result in even more drops to 64.44. On the upside, there is a resistance level at 65.77. A further resistance level may holdings at 66.14. The Relative Strength Index (RSI) on the 14-day chart is 52.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.32, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 47.77%. Stochastics %K at 48.75% 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.
