Rep. Josh Gottheimer Sells Nestlé S.A. (OTCMKTS:NSRGY) Stock

Representative Josh Gottheimer (D-New Jersey) recently sold shares of Nestlé S.A. OTCMKTS: NSRGY. In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Nestlé stock on April 9th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of RTX NYSE: RTX on 4/23/2025.
• Purchased $1,001 - $15,000 in shares of Cheniere Energy NYSE: LNG on 4/22/2025.
• Purchased $1,001 - $15,000 in shares of Techtronic Industries OTCMKTS: TTNDY on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Tri Pointe Homes NYSE: TPH on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk NYSE: TLK on 4/21/2025.
• Sold $1,001 - $15,000 in shares of KKR & Co. Inc. NYSE: KKR on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of D.R. Horton NYSE: DHI on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Home Depot NYSE: HD on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Hillman Solutions NASDAQ: HLMN on 4/17/2025.
• Sold $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 4/17/2025.

Nestlé Stock Up 1.2%

NSRGY traded up $1.27 on Wednesday, reaching $106.12. 333,183 shares of the company traded hands, compared to its average volume of 758,769. The company has a current ratio of 0.85, a quick ratio of 0.52 and a debt-to-equity ratio of 1.63. Nestlé S.A. has a one year low of $80.11 and a one year high of $110.46. The firm has a fifty day simple moving average of $103.58 and a two-hundred day simple moving average of $93.11.

Hedge Funds Weigh In On Nestlé

Hedge funds have recently bought and sold shares of the business. Core Alternative Capital purchased a new position in shares of Nestlé during the 1st quarter valued at approximately $29,000. Ameriflex Group Inc. acquired a new stake in shares of Nestlé in the fourth quarter valued at about $26,000. Flagship Wealth Advisors LLC purchased a new stake in shares of Nestlé during the fourth quarter worth about $33,000. Thompson Investment Management Inc. purchased a new position in Nestlé in the 4th quarter valued at about $33,000. Finally, First Horizon Advisors Inc. boosted its holdings in Nestlé by 232.8% in the 1st quarter. First Horizon Advisors Inc. now owns 446 shares of the company's stock worth $45,000 after buying an additional 312 shares during the last quarter. Hedge funds and other institutional investors own 0.61% of the company's stock.

Analyst Ratings Changes

Several analysts have recently weighed in on NSRGY shares. Royal Bank of Canada downgraded shares of Nestlé from an "outperform" rating to a "sector perform" rating in a research note on Friday, March 21st. Morgan Stanley lowered Nestlé from an "equal weight" rating to an "underweight" rating and set a $91.00 target price for the company. in a research report on Friday, April 4th. Finally, BNP Paribas downgraded Nestlé from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 15th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Nestlé has an average rating of "Hold" and an average target price of $91.00.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

About Nestlé

Nestlé SA, together with its subsidiaries, operates as a food and beverage company. The company operates through Zone North America; Zone Europe; Zone Asia, Oceania, and Africa; Zone Latin America; Zone Greater China; Nespresso; and Nestlé Health Science segments. It offers baby foods under the Cerelac, Gerber, Nido, and NaturNes brands; bottled water under the Nestlé Pure Life, Perrier, Vittel, Buxton, Erikli, and S.Pellegrino brands; cereals under the Fitness, Nesquik, cheerios, and Lion Cereals brands; and chocolate and confectionery products under the KitKat, Smarties, Aero, Nestlé Les Recettes de l'Atelier, Milkybar, Baci Perugina, Quality Street, and Fitness brands.