Nestlé (OTCMKTS:NSRGY) Shares Acquired Rep. Marjorie Taylor Greene

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Nestlé S.A. OTCMKTS: NSRGY. In a filing disclosed on November 27th, the Representative disclosed that they had bought between $1,001 and $15,000 in Nestlé stock on November 25th.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Charles Schwab NYSE: SCHW on 11/25/2024.
• Purchased $1,001 - $15,000 in shares of GSK NYSE: GSK on 11/25/2024.
• Purchased $1,001 - $15,000 in shares of Costco Wholesale NASDAQ: COST on 11/25/2024.
• Purchased $1,001 - $15,000 in shares of Advanced Micro Devices NASDAQ: AMD on 11/25/2024.
• Purchased $1,001 - $15,000 in shares of NextEra Energy NYSE: NEE on 11/25/2024.
• Purchased $1,001 - $15,000 in shares of Home Depot NYSE: HD on 11/25/2024.
• Purchased $1,001 - $15,000 in shares of Berkshire Hathaway NYSE: BRK.B on 11/25/2024.
• Purchased $1,001 - $15,000 in shares of United Parcel Service NYSE: UPS on 11/25/2024.
• Purchased $1,001 - $15,000 in shares of Lam Research NASDAQ: LRCX on 11/25/2024.
• Purchased $1,001 - $15,000 in shares of Johnson & Johnson NYSE: JNJ on 11/25/2024.

Nestlé Stock Performance

Shares of OTCMKTS:NSRGY traded up $0.42 during trading hours on Friday, hitting $86.78. 439,500 shares of the company's stock traded hands, compared to its average volume of 807,919. The company's fifty day simple moving average is $94.13 and its two-hundred day simple moving average is $100.64. Nestlé S.A. has a 52 week low of $85.01 and a 52 week high of $117.55.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on NSRGY shares. Royal Bank of Canada raised shares of Nestlé from a "sector perform" rating to an "outperform" rating in a research report on Friday, October 18th. Morgan Stanley upgraded Nestlé from an "underweight" rating to an "equal weight" rating in a report on Wednesday. Barclays restated an "equal weight" rating on shares of Nestlé in a report on Monday, September 9th. Finally, Citigroup downgraded shares of Nestlé from a "buy" rating to a "neutral" rating in a research report on Thursday, October 3rd. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold".

Institutional Investors Weigh In On Nestlé

A number of institutional investors have recently bought and sold shares of the business. Hantz Financial Services Inc. bought a new position in shares of Nestlé during the second quarter valued at $9,577,000. Douglas Lane & Associates LLC lifted its holdings in Nestlé by 9.9% during the 2nd quarter. Douglas Lane & Associates LLC now owns 861,051 shares of the company's stock valued at $87,887,000 after purchasing an additional 77,885 shares during the last quarter. Douglass Winthrop Advisors LLC grew its stake in Nestlé by 2.5% during the third quarter. Douglass Winthrop Advisors LLC now owns 1,036,741 shares of the company's stock worth $104,417,000 after buying an additional 24,826 shares during the last quarter. Mengis Capital Management Inc. grew its stake in Nestlé by 304.3% during the third quarter. Mengis Capital Management Inc. now owns 22,150 shares of the company's stock worth $2,230,000 after buying an additional 16,671 shares during the last quarter. Finally, Altrius Capital Management Inc raised its stake in shares of Nestlé by 11.9% in the second quarter. Altrius Capital Management Inc now owns 67,703 shares of the company's stock valued at $6,936,000 after acquiring an additional 7,200 shares during the last quarter. Institutional investors and hedge funds own 0.61% of the company's stock.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2025. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2024 election. Marjorie Taylor Greene earned a bachelor's degree in business administration from the University of Georgia. Greene's career experience includes co-owning construction company Taylor Commercial and founding and owning a CrossFit gym.

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.