Pepsico (NYSE:PEP) has climbed 0.1% in the past week and advanced 3.31% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.3% and the outperformance has advanced to 2.36% for the last 4 weeks period.
Pepsico (NYSE:PEP): The stock opened at $103.59 on Friday but the bulls could not build on the opening and the stock topped out at $103.86 for the day. The stock traded down to $102.40 during the day, due to lack of any buying support eventually closed down at $103.41 with a loss of -0.42% for the day. The stock had closed at $103.85 on the previous day. The total traded volume was 5,577,860 shares.
The company shares have rallied 8.17% from its 1 Year high price. On May 11, 2016, the shares registered one year high at $106.94 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $103.01 and the 200 Day Moving Average price is recorded at $100.70.
On the companys insider trading activities, The Securities and Exchange Commission has divulged that Nooyi Indra K, director officer (Chairman and CEO) of Pepsico Inc, had unloaded 304,220 shares at an average price of $103.31 in a transaction dated on May 2, 2016. The total value of the transaction was worth $31,428,968.
Many analysts have stated their opinion on the company shares. Barclays maintains its rating on Pepsico (NYSE:PEP). The global brokerage major raises the current price target from $105 per share to $115 per share. Analysts at the Barclays have a current rating of Overweight on the shares. The rating by the firm was issued on April 19, 2016. Currently the company Insiders own 0.33% of Pepsico shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -16.81% . Institutional Investors own 72% of Pepsico shares. During last six month period, the net percent change held by insiders has seen a change of -16.81%.
PepsiCo, Inc. (PepsiCo) is a global food and beverage company. The Company operates through six segments: Frito-Lay North America (FLNA), Quaker Foods North America (QFNA), Latin America Foods (LAF), which includes its food and snack businesses in Latin America; PepsiCo Americas Beverages (PAB), which includes its North American and Latin American beverage businesses; PepsiCo Europe (Europe), which includes beverage, food and snack businesses in Europe and South Africa, and PepsiCo Asia, Middle East and Africa (AMEA), which includes beverage, food and snack businesses in AMEA, excluding South Africa. Through its operations, bottlers, contract manufacturers and other third-parties, the Company manufactures, markets, distributes and sells a variety of beverages, foods and snacks, serving customers and consumers in more than 200 countries and territories.