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 2.6%

Shares of NSRGY opened at $103.81 on Friday. The company's 50-day moving average price is $103.35 and its 200 day moving average price is $92.92. Nestlé S.A. has a 12-month low of $80.11 and a 12-month high of $110.46. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.52 and a current ratio of 0.85.

Analysts Set New Price Targets

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

Institutional Trading of Nestlé

A number of large investors have recently modified their holdings of the stock. Nisa Investment Advisors LLC acquired a new position in Nestlé during the 4th quarter worth $386,000. Hantz Financial Services Inc. raised its holdings in Nestlé by 10.8% in the fourth quarter. Hantz Financial Services Inc. now owns 107,788 shares of the company's stock valued at $8,806,000 after acquiring an additional 10,523 shares in the last quarter. Thompson Investment Management Inc. acquired a new stake in Nestlé in the fourth quarter valued at approximately $33,000. Raelipskie Partnership lifted its stake in Nestlé by 6.1% in the fourth quarter. Raelipskie Partnership now owns 17,226 shares of the company's stock worth $1,407,000 after acquiring an additional 990 shares during the last quarter. Finally, Mengis Capital Management Inc. grew its holdings in Nestlé by 51.0% during the 4th quarter. Mengis Capital Management Inc. now owns 33,445 shares of the company's stock worth $2,732,000 after acquiring an additional 11,295 shares in the last quarter. Hedge funds and other institutional investors own 0.61% of the company's stock.

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.

Nestlé Company Profile

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.

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