Nestlé (OTCMKTS:NSRGY) Stock Acquired Rep. Bruce Westerman

Representative Bruce Westerman (R-Arkansas) recently bought shares of Nestlé S.A. (OTCMKTS:NSRGY). In a filing disclosed on April 16th, the Representative disclosed that they had bought between $1,001 and $15,000 in Nestlé stock on March 20th. The trade occurred in the Representative’s “FISHER IRA” account.

Representative Bruce Westerman also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) on 4/2/2025.
  • Purchased $1,001 – $15,000 in shares of Sony Group (NYSE:SONY) on 3/24/2025.
  • Purchased $1,001 – $15,000 in shares of Mitsubishi UFJ Financial Group (NYSE:MUFG) on 3/21/2025.
  • Purchased $1,001 – $15,000 in shares of BP (NYSE:BP) on 3/21/2025.
  • Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 3/20/2025.
  • Sold $1,001 – $15,000 in shares of Medtronic (NYSE:MDT) on 3/20/2025.
  • Purchased $1,001 – $15,000 in shares of ASML (NASDAQ:ASML) on 3/20/2025.
  • Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 3/20/2025.
  • Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 3/20/2025.
  • Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 3/20/2025.

Nestlé Trading Up 3.2 %

OTCMKTS:NSRGY opened at $107.74 on Friday. The company has a 50-day moving average of $99.81 and a 200-day moving average of $91.99. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.52 and a current ratio of 0.85. Nestlé S.A. has a twelve month low of $80.11 and a twelve month high of $110.46.

Institutional Trading of Nestlé

Several hedge funds and other institutional investors have recently modified their holdings of the business. Studio Investment Management LLC lifted its stake in Nestlé by 2.9% in the 4th quarter. Studio Investment Management LLC now owns 3,990 shares of the company’s stock worth $326,000 after acquiring an additional 112 shares in the last quarter. North Star Asset Management Inc. increased its holdings in shares of Nestlé by 4.4% in the 4th quarter. North Star Asset Management Inc. now owns 5,429 shares of the company’s stock valued at $444,000 after purchasing an additional 229 shares during the period. Ancora Advisors LLC boosted its holdings in shares of Nestlé by 0.3% during the fourth quarter. Ancora Advisors LLC now owns 74,685 shares of the company’s stock worth $6,102,000 after purchasing an additional 239 shares during the period. Ameriflex Group Inc. purchased a new position in Nestlé during the fourth quarter valued at approximately $26,000. Finally, Flagship Wealth Advisors LLC acquired a new position in Nestlé in the 4th quarter valued at approximately $33,000. Institutional investors and hedge funds own 0.61% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on NSRGY shares. BNP Paribas cut shares of Nestlé from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Jefferies Financial Group lowered Nestlé from a “hold” rating to an “underperform” rating in a research note on Wednesday, January 8th. Morgan Stanley lowered Nestlé from an “equal weight” rating to an “underweight” rating and set a $91.00 target price on the stock. in a research 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 issued a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $91.00.

Read Our Latest Research Report on NSRGY

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas’ 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas’ 4th Congressional District. He declared candidacy for the 2026 election.

Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

Nestlé Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Nestlé Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nestlé and related companies with MarketBeat.com's FREE daily email newsletter.