Keurig Dr Pepper Inc. (KDP): $27.23
Market Cap: $36.99B
Enterprise Value: $55.16B
Introduction
Sudden movements in a company’s stock price tend to spark insider activity, and what happened this week with the beverage conglomerate Keurig Dr Pepper (KDP) was no exception. The company’s stock has fallen by a whopping 20% over the last month, and so we were not surprised to see an insider purchase come through last week. Eric Gorli, the President of Keurig Dr Pepper’s U.S. Refreshment Beverages business, purchased 9,175 shares at an average cost of $27.69, for a total of $254,056.