Bitcoin price today: falls to 2-week low below $113k ahead of Fed Jackson Hole
Director Michael John Cramer of Primo Brands Corp (NASDAQ:PRMB), a $4 billion market cap company, purchased 4,000 shares of Class A Common Stock on August 14, 2025, according to a Form 4 filing with the Securities and Exchange Commission. This insider purchase comes as InvestingPro analysis indicates the stock is trading below its Fair Value, with analyst price targets ranging from $26 to $43.
The shares were bought at a price of $24.46, totaling $97,840. Following the transaction, Cramer directly owns 12,762 shares of Primo Brands Corp. InvestingPro data shows the stock is currently in oversold territory, with two additional key insights available to subscribers. Get access to the comprehensive Pro Research Report covering PRMB and 1,400+ other stocks for deeper analysis.
In other recent news, Primo Water (NYSE:PRMB) Corporation reported its second-quarter 2025 earnings, surpassing analysts’ expectations. The company achieved an earnings per share (EPS) of $0.36, outperforming the forecasted $0.26, resulting in a 38.46% surprise. Revenue also exceeded expectations, reaching $1.73 billion, significantly higher than the anticipated $502.1 million, marking a 244.55% surprise. Despite these positive earnings results, BMO Capital has lowered its price target for Primo Brands Corp. to $42.00 from $45.00, although it maintained an Outperform rating. This adjustment follows disappointing second-quarter results and 2025 guidance, citing challenges such as integration issues, weather disruptions, and problems with dispensers. Additionally, the timing of Primo’s coffee business exit was noted as a contributing factor. These developments highlight the complexities Primo is navigating despite its earnings success.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.