New insider activity at Kroger Company ( (KR) ) has taken place on March 12, 2025.
In a recent series of transactions involving Kroger Company stock, SVP & Interim CFO Todd A. Foley sold 28,105 shares, amounting to a total of $1,872,257. Additionally, Director Yael Cosset sold 115,149 shares, with the sale valued at $7,839,498.
Recent Updates on KR stock
Kroger Company has experienced notable developments recently, including a leadership change with the resignation of CEO Rodney McMullen and the appointment of Ronald Sargent as interim CEO, which has contributed to mixed financial signals and leadership uncertainty. Despite this, Kroger’s Q4 revenue was reported at $34.3 billion, slightly below the consensus of $34.76 billion, but identical sales without fuel increased by 2.4%. The company projects FY25 identical sales growth without fuel to be between 2.0% and 3.0%. Additionally, Kroger’s Home Chef has partnered with Ayesha Curry to offer exclusive recipes, potentially enhancing customer engagement. Telsey Advisory raised Kroger’s price target, citing the appointment of new CFO David Kennerley as a positive strategic move expected to add value and ensure a smooth transition without altering the company’s broader strategy.
More about Kroger Company
YTD Price Performance: 11.29%
Average Trading Volume: 6,466,052
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $49B
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