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Insider Trends: Insider Disposition Eases Back 90-Day Buy Trend at PepsiCo

05/11/2021 12:30

04:19 PM EDT, 05/11/2021 (MT Newswires) -- Silviu Popovici, CEO, Europe, reported a sale of 20,000 shares in PepsiCo (PEP) on May 07, 2021, for $2,907,906. Popovici, following the transactions outlined in the Form 4 SEC filing, owns 75,886 shares of the company, with a market value, based on the prior-day closing price, of $11.1 million.

During the most recent 90-day period, previous to the date of this filing, there have been 32 insider transactions reported to the SEC for PepsiCo. These transactions came from the activities of 11 different insiders that resulted in a net acquisition of 64,380 company shares. Relative to the preceding 90-day window of time, there were 7 transactions from 5 insiders and resulted in the net disposition of 1,892 shares.

This is a lower level of transactions than the peer group average in the 5-company Carbonated Soft Drinks peer group over the last 90-day period. Peer group activity averaged 72.4 transactions per company, with company insiders acquiring on average 883,379 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/77476/000120919121031643/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.