Kroger exec. Massa sells $622k in shares

Published 24/06/2025, 19:40
Kroger exec. Massa sells $622k in shares

Timothy A. Massa, Executive Vice President at KROGER CO (NYSE:KR), sold 8,415 shares of common stock on June 23, 2025, at a price of $74.0, for a total value of $622,710. The sale occurred as KR trades near its 52-week high of $74.11, following an impressive 51% return over the past year. According to InvestingPro analysis, the stock is currently fairly valued, with management actively pursuing share buybacks.

Following the transaction, Massa directly owns 118761 shares of KROGER CO. He also indirectly owns 115,000 shares by trust.

In other recent news, Kroger reported its first-quarter earnings for 2025, showcasing earnings per share (EPS) of $1.49, surpassing analyst expectations of $1.45. Despite a slight miss on revenue, reporting $45.12 billion against a forecast of $45.28 billion, the company has positively revised its fiscal 2025 identical sales guidance to a range of 2.25%-3.25%. Telsey Advisory Group raised its price target on Kroger to $82.00, citing strong execution and robust loyalty programs. Citi and UBS also increased their price targets to $74.00, maintaining a Neutral rating due to Kroger’s strong first-quarter performance. Meanwhile, Morgan Stanley (NYSE:MS) raised its price target to $76.00, noting Kroger’s accelerating top-line growth and market share inflection. UBS highlighted improvements in Kroger’s e-commerce operations and pharmacy business, attributing these to a renewed focus on core operations. Kroger’s strategic initiatives, including plans to close 60 stores while accelerating new openings in 2026, reflect ongoing efforts to optimize its store network.

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