Rep. Bruce Westerman Buys Nestlé S.A. (OTCMKTS:NSRGY) Stock

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 Stock Performance

Shares of NSRGY traded up $0.21 during midday trading on Tuesday, reaching $107.95. 401,705 shares of the stock were exchanged, compared to its average volume of 870,315. The firm has a 50 day simple moving average of $100.23 and a 200-day simple moving average of $91.96. Nestlé S.A. has a 12-month low of $80.11 and a 12-month high of $110.46. The company has a quick ratio of 0.52, a current ratio of 0.85 and a debt-to-equity ratio of 1.63.

Hedge Funds Weigh In On Nestlé

A number of institutional investors and hedge funds have recently bought and sold shares of the business. GAMMA Investing LLC increased its position in Nestlé by 23,819.2% in the 1st quarter. GAMMA Investing LLC now owns 417,630 shares of the company's stock valued at $42,252,000 after acquiring an additional 415,884 shares in the last quarter. Douglas Lane & Associates LLC increased its stake in shares of Nestlé by 11.4% in the 1st quarter. Douglas Lane & Associates LLC now owns 983,326 shares of the company's stock valued at $99,294,000 after buying an additional 100,767 shares during the period. Sustainable Growth Advisers LP lifted its stake in shares of Nestlé by 60.2% during the fourth quarter. Sustainable Growth Advisers LP now owns 74,622 shares of the company's stock valued at $6,097,000 after acquiring an additional 28,040 shares during the period. Ramirez Asset Management Inc. raised its holdings in Nestlé by 5,901.4% during the 4th quarter. Ramirez Asset Management Inc. now owns 25,026 shares of the company's stock worth $2,068,000 after purchasing an additional 24,609 shares during the last quarter. Finally, Generali Investments CEE investicni spolecnost a.s. bought a new position in shares of Nestlé in the 4th quarter valued at about $1,932,000. Institutional investors and hedge funds own 0.61% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on NSRGY shares. Morgan Stanley lowered shares of 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. BNP Paribas lowered shares of Nestlé from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 15th. Jefferies Financial Group downgraded Nestlé from a "hold" rating to an "underperform" rating in a research report on Wednesday, January 8th. Finally, Royal Bank of Canada cut Nestlé from an "outperform" rating to a "sector perform" rating in a 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's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $91.00.

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

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.