Pepsico Inc (PEP): Laxman Narasimhan , CEO, Latin America of Pepsico Inc sold 3,219 shares on Jul 13, 2016. The Insider selling transaction was reported by the company on Jul 14, 2016 to the Securities and Exchange Commission. The shares were sold at $109.11 per share for a total value of $351,235.72 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 13, 2016, Ramon Laguarta (CEO, ESSA) sold 17,221 shares at $108.27 per share price.On Jul 13, 2016, Marie T. Gallagher (SVP and Controller) sold 13,586 shares at $109.01 per share price.Also, On Jul 13, 2016, Albert P Carey (Chief Executive Officer, NAB) sold 170,003 shares at $108.81 per share price.On May 4, 2016, Indra K Nooyi (Chairman and CEO) sold 304,220 shares at $103.31 per share price.
PepsiCo: On Wednesday, Jul 13, 2016 heightened volatility was witnessed in PepsiCo which led to swings in the share price. The shares opened for trading at $109.07 and hit $110.06 on the upside , eventually ending the session at $109.91, with a gain of 1.03% or 1.12 points. The heightened volatility saw the trading volume jump to 52,32,139 shares. The 52-week high of the share price is $110.06 and the company has a market cap of $158,178 M . The 52-week low of the share price is at $76.48.
Company has been under the radar of several Street Analysts.PepsiCo is Reiterated by UBS to Buy and the brokerage firm has raised the Price Target to $ 119 from a previous price target of $113 .The Rating was issued on Jul 8, 2016.PepsiCo is Reiterated by Deutsche Bank to Buy and the brokerage firm has raised the Price Target to $ 120 from a previous price target of $115 .The Rating was issued on Jul 8, 2016.PepsiCo is Reiterated by UBS to Buy and the brokerage firm has raised the Price Target to $ 114 from a previous price target of $113 .The Rating was issued on Apr 19, 2016.
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.