Rep. Tim Moore Buys Krispy Kreme, Inc. (NASDAQ:DNUT) Stock

Key Points

• Representative Tim Moore of North Carolina recently purchased shares in Krispy Kreme, investing between $15,001 and $50,000 on July 30th, signaling potential confidence in the company.
• Krispy Kreme reported a loss of $0.05 per share in its most recent quarter, with revenues being down 15.2% year-over-year, a concern for investors amidst a consensus EPS forecast of $0.07 for the current fiscal year.
• Several equities analysts have issued reports regarding Krispy Kreme, with price targets being lowered and ratings downgraded, including Citigroup's cut from $4.75 to $3.60, indicating a cautious outlook for the stock.

Representative Tim Moore (R-North Carolina) recently bought shares of Krispy Kreme, Inc. NASDAQ: DNUT. In a filing disclosed on August 05th, the Representative disclosed that they had bought between $15,001 and $50,000 in Krispy Kreme stock on July 30th.

Representative Tim Moore also recently made the following trade(s):

• Purchased $15,001 - $50,000 in shares of Centene NYSE: CNC on 7/30/2025.
• Purchased $15,001 - $50,000 in shares of Harley-Davidson NYSE: HOG on 7/30/2025.
• Purchased $15,001 - $50,000 in shares of Verizon Communications NYSE: VZ on 7/29/2025.
• Purchased $15,001 - $50,000 in shares of Intel NASDAQ: INTC on 7/29/2025.
• Purchased $1,001 - $15,000 in shares of Krispy Kreme NASDAQ: DNUT on 7/29/2025.
• Purchased $15,001 - $50,000 in shares of Centene NYSE: CNC on 7/29/2025.
• Purchased $1,001 - $15,000 in shares of Centene NYSE: CNC on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of UnitedHealth Group NYSE: UNH on 7/21/2025.
• Purchased $15,001 - $50,000 in shares of Centene NYSE: CNC on 7/21/2025.
• Purchased $15,001 - $50,000 in shares of Centene NYSE: CNC on 7/18/2025.

Krispy Kreme Trading Down 3.1%

Krispy Kreme stock traded down $0.10 during midday trading on Friday, reaching $3.08. 3,478,405 shares of the stock traded hands, compared to its average volume of 5,543,896. The company has a 50-day simple moving average of $3.19 and a two-hundred day simple moving average of $4.82. The company has a current ratio of 0.35, a quick ratio of 0.28 and a debt-to-equity ratio of 0.83. Krispy Kreme, Inc. has a 12-month low of $2.50 and a 12-month high of $12.68. The firm has a market cap of $525.63 million, a PE ratio of -23.69 and a beta of 1.32.

Krispy Kreme (NASDAQ:DNUT - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.10). The business had revenue of $379.77 million for the quarter, compared to analyst estimates of $382.25 million. Krispy Kreme had a negative return on equity of 2.13% and a negative net margin of 1.36%. Krispy Kreme's quarterly revenue was down 13.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.05 earnings per share. Research analysts expect that Krispy Kreme, Inc. will post 0.07 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Truist Financial lowered Krispy Kreme from a "buy" rating to a "hold" rating in a report on Thursday, May 8th. Citigroup lowered their price objective on Krispy Kreme from $4.75 to $3.60 and set a "neutral" rating for the company in a research report on Friday, May 9th. Morgan Stanley reduced their target price on shares of Krispy Kreme from $3.00 to $2.50 and set an "overweight" rating on the stock in a report on Monday, July 14th. Bank of America dropped their price objective on shares of Krispy Kreme from $7.00 to $6.00 and set a "buy" rating on the stock in a research report on Friday, July 18th. Finally, JPMorgan Chase & Co. reaffirmed a "neutral" rating on shares of Krispy Kreme in a research report on Wednesday, May 14th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Krispy Kreme has an average rating of "Hold" and an average target price of $7.58.

Institutional Trading of Krispy Kreme

Hedge funds have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets purchased a new stake in shares of Krispy Kreme during the fourth quarter worth approximately $152,305,000. Bamco Inc. NY increased its stake in Krispy Kreme by 24.7% in the 4th quarter. Bamco Inc. NY now owns 13,069,717 shares of the company's stock valued at $129,782,000 after buying an additional 2,588,398 shares during the period. Cooper Creek Partners Management LLC raised its position in Krispy Kreme by 43.0% during the 4th quarter. Cooper Creek Partners Management LLC now owns 7,264,760 shares of the company's stock worth $72,139,000 after buying an additional 2,186,136 shares during the last quarter. Millennium Management LLC lifted its stake in shares of Krispy Kreme by 522.1% in the 1st quarter. Millennium Management LLC now owns 2,093,416 shares of the company's stock worth $10,300,000 after acquiring an additional 1,756,932 shares during the period. Finally, Federated Hermes Inc. purchased a new stake in shares of Krispy Kreme in the first quarter valued at about $8,271,000. 81.72% of the stock is owned by institutional investors and hedge funds.

About Representative Moore

Timothy K. Moore (Republican Party) is a member of the U.S. House, representing North Carolina's 14th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Moore (Republican Party) ran for election to the U.S. House to represent North Carolina's 14th Congressional District. He won in the general election on November 5, 2024. Moore served as speaker of the House from 2015 to 2025. Timothy Moore earned his B.A. from the University of North Carolina-Chapel Hill in 1992 and his J.D. from the Oklahoma City University School of Law in 1995. His professional experience includes working as an attorney.

About Krispy Kreme

Krispy Kreme, Inc, together with its subsidiaries, produces doughnuts in the United States, the United Kingdom, Ireland, Australia, New Zealand, Mexico, Canada, Japan, and internationally. The company operates through three segments: U.S., International, and Market Development. The company offers doughnut experiences through hot light theater and fresh shops, delivered fresh daily branded cabinets and merchandising units within grocery and convenience stores, quick service restaurants, club memberships, drug stores, and ecommerce, as well as through its branded sweet treat line comprising Krispy Kreme branded sweet treats.