Today it was reported that a Director at Kroger Company (NYSE: KR), Susan Kropf, exercised options to sell 13,000 KR shares at $13.07 a share, for a total transaction value of $369.5K.
This is Kropf’s first transaction since reporting a Sell transaction on SHW back in May 2017
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Based on Kroger Company’s latest earnings report for the quarter ending May 31, the company posted quarterly revenue of $37.53 billion and quarterly net profit of $2.01 billion. In comparison, last year the company earned revenue of $36.29 billion and had a net profit of $301 million. KR’s market cap is $22.38B and the company has a P/E ratio of 6.76. Currently, Kroger Company has an average volume of 1.42M.
Based on 13 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $29.75, reflecting a -5.5% downside. Four different firms, including Goldman Sachs and Macquarie, currently also have a Sell rating on the stock.
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The Kroger Co. engages in the operation of retail food and drug stores, multi-department stores, jewelry stores, and convenience stores. It also manufactures and processes some of the food for sale in its supermarkets. The combination food and drug Stores are the primary food store format.
