US stock futures dip as Trump’s firing of Cook sparks Fed independence fears
CINCINNATI—Yael Cosset, Senior Vice President and Chief Information Officer at Kroger Co . (NYSE:KR), has sold a significant portion of the company’s common stock, according to a recent SEC filing. The transactions, dated March 10, involved multiple sales totaling $7.8 million, with shares sold at prices ranging from $68.0639 to $68.1957 each, near the stock’s 52-week high of $68.51. The sales come amid Kroger’s impressive 32.86% price gain over the past six months.
The filing also detailed several stock option exercises by Cosset. These exercises resulted in the acquisition of shares at prices between $22.92 and $28.83, amounting to a total of $2.97 million. Following these transactions, Cosset’s direct ownership stands at 139,338 shares.
This activity follows a series of transactions on March 7 and March 10, where Cosset disposed of shares to cover tax liabilities associated with restricted stock, totaling $354,578, with prices between $66.7 and $67.72.
Kroger Co., with a market capitalization of $44.03 billion and a P/E ratio of 17.93, continues to be a major player in the retail grocery sector, and these transactions are part of the ongoing management of executive equity holdings. For deeper insights into Kroger’s valuation and 10+ additional ProTips, visit InvestingPro.
In other recent news, Kroger reported its earnings for the first quarter of 2025, showing an earnings per share (EPS) of $1.14, which surpassed the forecast of $1.11. However, the company reported revenue of $34.3 billion, falling short of the anticipated $34.75 billion. Despite the revenue miss, Kroger’s digital and delivery sales demonstrated significant growth, highlighting the company’s successful pivot towards e-commerce. In other developments, Kroger appointed Yael Cosset as the chief digital officer to lead its new eCommerce business unit, aiming to enhance the online shopping experience for customers. Analyst firm Jefferies maintained a Buy rating on Kroger, setting a price target of $75, following the company’s strong fourth-quarter performance. Meanwhile, Evercore ISI adjusted its price target for Kroger to $73, while maintaining an Outperform rating, noting confidence in the company’s total shareholder return goals. Guggenheim also reaffirmed a Buy rating with a $71 price target, citing Kroger’s strategic initiatives and operational momentum as positive factors for future growth.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.