Kroger executive Arreaga sells $2.75 million in shares

Published 26/06/2025, 14:40
Kroger executive Arreaga sells $2.75 million in shares

Kroger (NYSE:KR) Executive Vice President Gabriel Arreaga sold 37,960 shares of common stock on June 25, 2025, at prices ranging from $72.43 to $72.47, totaling approximately $2.75 million. The sale comes as Kroger’s stock trades near its 52-week high of $74.11, having gained over 10% in the past week. According to InvestingPro analysis, the stock is currently trading at Fair Value. On the same day, Arreaga exercised options to acquire 37,960 shares at $34.94, for a total value of $1.33 million.

Following the sale, Arreaga directly owns 75,218 shares of Kroger stock.

The option exercise relates to non-qualified stock options that vest in equal annual installments over a four-year period, commencing one year from the grant date. This transaction aligns with Kroger’s broader management initiatives, which include aggressive share buybacks and maintaining a strong market position in the Consumer Staples Distribution & Retail industry.

In other recent news, Kroger Co . announced a 9% increase in its quarterly dividend, raising it to 35 cents per share. This marks the 19th consecutive year of dividend increases, reflecting the company’s confidence in its financial performance and commitment to shareholder value. Kroger’s first-quarter earnings report showed adjusted earnings per share of $1.49, exceeding analyst estimates from Telsey Advisory Group and FactSet. The company reported a 3.2% increase in identical store sales, excluding fuel, surpassing expectations. Analysts from UBS, Morgan Stanley (NYSE:MS), Telsey Advisory Group, and Citi have raised their price targets for Kroger, citing strong execution, improved profitability management, and robust sales growth. UBS increased its price target to $74, while Morgan Stanley raised it to $76, and Telsey Advisory Group set it at $82. Citi also raised its target to $74, noting the company’s strong comparable sales growth. Despite the positive outlook, UBS maintained a Neutral rating, highlighting potential risks ahead.

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