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Gabriel Arreaga, Senior Vice President at Kroger Co . (NYSE:KR), has recently sold a significant portion of his holdings in the company. According to a filing with the Securities and Exchange Commission, Arreaga sold 15,959 shares of Kroger’s common stock on March 19, 2025. The shares were sold at a weighted average price of approximately $65.632, with the total transaction amounting to $1,047,421. The sale comes as Kroger, a $43 billion market cap consumer staples giant, trades near its 52-week high of $68.51. InvestingPro analysis indicates the stock is currently fairly valued.
The sale was executed in multiple transactions, with prices ranging from $65.60 to $66.76 per share. Following the sale, Arreaga retains ownership of 89,085 shares of Kroger’s stock. This transaction reflects Arreaga’s ongoing management of his investment portfolio in the company, where he serves as a senior executive. Despite this insider sale, InvestingPro data shows management has been actively buying back shares, and the company maintains a solid P/E ratio of 17.5. For deeper insights into Kroger’s valuation and more exclusive ProTips, check out the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Kroger Co. has announced a quarterly dividend of 32 cents per share, set for distribution on June 1, 2025, to shareholders recorded by May 15, 2025. This announcement underscores Kroger’s commitment to returning capital to shareholders, with a notable 13.5% compounded annual growth rate in dividends since 2006. Additionally, Kroger has appointed Yael Cosset as the executive vice president and chief digital officer, aiming to boost its eCommerce efforts with Cosset’s leadership, which previously led to $13 billion in eCommerce sales in 2024. In a separate development, Jefferies has maintained its Buy rating on Kroger, with a price target of $75, following a strong fourth-quarter performance that surpassed sales and profit expectations. The firm’s positive outlook is supported by Kroger’s guidance for fiscal year 2025, projecting same-store sales growth of 2-3% amidst anticipated inflation. Kroger has also launched the "Elite Ate" Snack Bracket, a promotional event offering discounts on popular snacks during the college basketball season. This initiative is part of Kroger’s broader strategy to engage customers and enhance their shopping experience.
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