On a relative basis, the stock has outperformed the S&P 500 by 1.6% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.28% in the last 1 week, and is up 6.04% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 3.97% and the 50-Day Moving Average is 5.79%.
Pepsico (NYSE:PEP): The stock opened at $109.77 on Friday but the bulls could not build on the opening and the stock topped out at $110.49 for the day. The stock traded down to $108.97 during the day, due to lack of any buying support eventually closed down at $109.66 with a loss of -0.27% for the day. The stock had closed at $109.96 on the previous day. The total traded volume was 5,230,580 shares.
The company Insiders own 0.33% of Pepsico shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -3.21% . Institutional Investors own 71.81% of Pepsico shares. During last six month period, the net percent change held by insiders has seen a change of -7.59%. In a related news, Narasimhan Laxman, officer (CEO, Latin America) of Pepsico Inc, unloaded 3,219 shares at an average price of $109.11 on July 13, 2016. The total amount of the transaction was worth $351,225, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
PepsiCo, Inc. (PepsiCo) is a global food and beverage company. The Company operates through six segments: Frito-Lay North America (FLNA), Quaker Foods North America (QFNA), Latin America Foods (LAF), which includes its food and snack businesses in Latin America; PepsiCo Americas Beverages (PAB), which includes its North American and Latin American beverage businesses; PepsiCo Europe (Europe), which includes beverage, food and snack businesses in Europe and South Africa, and PepsiCo Asia, Middle East and Africa (AMEA), which includes beverage, food and snack businesses in AMEA, excluding South Africa. Through its operations, bottlers, contract manufacturers and other third-parties, the Company manufactures, markets, distributes and sells a variety of beverages, foods and snacks, serving customers and consumers in more than 200 countries and territories.