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Insider Trends: 90-Days of Insider Buying at Keurig Dr Pepper Group Reduced with Share Sale

05/07/2021 13:47

05:44 PM EDT, 05/07/2021 (MT Newswires) -- Herbert Derek Hopkins, President, Cold Beverages, reported a sale of 334,200 shares in Keurig Dr Pepper Group (KDP) for $12,091,357 on May 05, 2021. Hopkins, after the transactions defined in the SEC Form 4 filing, has 468,454 shares of company stock, with a market value, based on the prior-day closing price, of $17.0 million.

Over the last 90 days, previous to the date of this filing, there have been 13 insider transactions reported to the SEC for Keurig Dr Pepper Group. These transactions came from the activities of 9 individual insiders that resulted in a net acquisition of 8,853,956 company shares. Relative to the preceding 90-day window of time, there were 6 transactions from 5 insiders which resulted in the net disposition of 189,697,109 shares.

This is a lower level of transactions than the peer group average in the 15-company Non-Alcoholic Beverages peer group over the last 90-day period. Within the peer group activity averaged 39.8 transactions per company, and disposition of 2,973,764 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1418135/000120919121031003/xslF345X03/doc4.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.