Large Inflow of Money Detected in Pepsico

Pepsico (PEP) : Tuesdays money flow data in Pepsico (PEP) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $12.98 million, whereas, $10.65 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.22, in favor of the bulls. The total money flow into the stock was $2.33 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $4.21 million. The total value of block trades done on upticks was $4.21 million. Pepsico (PEP) fell $0.6 and traded at $107.39, down -0.56% for the day, over previous days close. On a weekly basis, the shares are -0.06% over the previous weeks close.


Also, Goldman Sachs maintains its rating on Pepsico (NYSE:PEP). The global brokerage major lowers the current price target from $105 per share to $104 per share. Analysts at the Goldman Sachs have a current rating of Neutral on the shares. The rating by the firm was issued on June 29, 2016.

Pepsico, Inc. has lost 0.62% in the last five trading days and dropped 1.58% in the last 4 weeks. Pepsico, Inc. is up 5.55% in the last 3-month period. Year-to-Date the stock performance stands at 8.87%.

Pepsico (NYSE:PEP): The stock opened at $107.92 on Tuesday but the bulls could not build on the opening and the stock topped out at $108.06 for the day. The stock traded down to $107.03 during the day, due to lack of any buying support eventually closed down at $107.21 with a loss of -0.72% for the day. The stock had closed at $107.99 on the previous day. The total traded volume was 3,708,131 shares.

In a related news, The Securities and Exchange Commission has divulged that Khan Mehmood, officer (Vice Chair,EVP,CSO,Global R&D) of Pepsico Inc, had unloaded 51,137 shares at an average price of $107.31 in a transaction dated on July 28, 2016. The total value of the transaction was worth $5,487,511.

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.

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