Two 59%+ winners, four above 25% in Aug – How this AI model keeps picking winners
Primo Brands Corp (NASDAQ:PRMB) Chief Executive Officer Robbert Rietbroek acquired 8,285 shares of Class A Common Stock on August 13, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The insider purchase comes as the $3.9 billion consumer goods company’s stock has declined nearly 26% over the past six months, with InvestingPro data showing the stock currently trades in oversold territory.
The shares were purchased at a price of $24.12, totaling approximately $199,834. Following the transaction, Rietbroek directly owns 586,349 shares of Primo Brands Corp. According to InvestingPro analysis, the stock appears undervalued at current levels, with analysts setting price targets ranging from $26 to $43. Subscribers can access 8 additional exclusive ProTips and a comprehensive Pro Research Report, providing deeper insights into PRMB’s valuation and growth prospects.
In other recent news, Primo Water Corporation reported its second-quarter 2025 earnings, which exceeded analysts’ expectations. The company posted an earnings per share (EPS) of $0.36, surpassing the projected $0.26, resulting in a 38.46% surprise. Additionally, revenue reached $1.73 billion, significantly higher than the forecasted $502.1 million, marking a 244.55% surprise. Despite these positive results, BMO Capital has lowered its price target for Primo Brands Corp. to $42.00 from $45.00, while maintaining an Outperform rating. The price target reduction follows disappointing second-quarter results and guidance for 2025, with the company facing integration challenges, weather disruptions, and issues related to its dispenser and coffee business exit. These developments indicate ongoing hurdles for Primo Water Corporation amidst its recent earnings success.
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