Representative Bruce Westerman (R-Arkansas) recently bought shares of adidas AG OTCMKTS: ADDYY. In a filing disclosed on April 16th, the Representative disclosed that they had bought between $1,001 and $15,000 in adidas stock on March 4th. 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.
adidas Price Performance
Shares of OTCMKTS:ADDYY traded up $4.71 on Wednesday, hitting $117.15. The company's stock had a trading volume of 51,024 shares, compared to its average volume of 56,400. adidas AG has a 1 year low of $99.40 and a 1 year high of $137.73. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.32 and a quick ratio of 0.78. The company has a market capitalization of $41.83 billion, a PE ratio of 90.12 and a beta of 1.14. The company has a 50-day simple moving average of $120.31 and a 200 day simple moving average of $122.53.
Analysts Set New Price Targets
A number of research firms recently commented on ADDYY. Hsbc Global Res upgraded shares of adidas from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 9th. Baird R W raised adidas from a "hold" rating to a "strong-buy" rating in a research note on Monday. Berenberg Bank upgraded adidas to a "hold" rating in a research report on Tuesday, April 15th. Finally, Sanford C. Bernstein upgraded adidas from a "market perform" rating to an "outperform" rating in a research report on Monday, January 6th. Three research analysts have rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy".
Read Our Latest Report on adidas
Institutional Investors Weigh In On adidas
A number of large investors have recently modified their holdings of the stock. GAMMA Investing LLC grew its holdings in adidas by 17.8% in the first quarter. GAMMA Investing LLC now owns 1,057 shares of the company's stock worth $125,000 after purchasing an additional 160 shares during the period. Rhumbline Advisers increased its position in adidas by 7.9% during the 1st quarter. Rhumbline Advisers now owns 9,655 shares of the company's stock valued at $1,139,000 after buying an additional 709 shares in the last quarter. Mar Vista Investment Partners LLC raised its stake in adidas by 2.6% during the fourth quarter. Mar Vista Investment Partners LLC now owns 29,199 shares of the company's stock valued at $3,556,000 after buying an additional 731 shares during the last quarter. Finally, Madison Investment Advisors LLC bought a new stake in adidas in the fourth quarter worth $2,437,000.
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.
About adidas
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adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products in Europe, the Middle East, Africa, North America, Greater China, the Asia-Pacific, and Latin America. It offers footwear, apparel, and accessories and gear, such as bags and balls under the adidas brand; golf footwear and apparel under the adidas Golf brand; and outdoor footwear under the Five Ten brand.
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