Today, the CEO, Bai Brands of Dr Pepper, Philip Hancock, exercised options of Dr Pepper (NYSE: DPS) for $6.47M.
Following Philip Hancock’s last DPS Buy transaction on March 13, 2017, the stock climbed by 31.2%. This is Hancock’s first Buy trade following 6 Sell transactions.
See today’s analyst top recommended stocks >>
DPS’s market cap is $22.29B and the company has a P/E ratio of 3.42. Currently, Dr Pepper has an average volume of 9,023.
16 different firms, including Barclays and BMO Capital, currently also have a Buy rating on the stock.
In the last 30 days, insiders have sold $5.54M worth of DPS shares and purchased $21.74M worth of DPS shares. The insider sentiment on Dr Pepper has been negative according to 84 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Dr Pepper Snapple Group, Inc. engages in the manufacturing, marketing and distribution of non-alcoholic beverages. It operates through the following segments: Beverage Concentrates, Packaged Beverages, and Latin America Beverages.
