Rep. Josh Gottheimer Purchases Shares of Nestlé S.A. (OTCMKTS:NSRGY)

Representative Josh Gottheimer (D-New Jersey) recently bought shares of Nestlé S.A. (OTCMKTS:NSRGY). In a filing disclosed on February 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Nestlé stock on January 16th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/31/2025.
• Sold $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Twilio (NYSE:TWLO) on 1/31/2025.
• Sold $1,001 – $15,000 in shares of ICF International (NASDAQ:ICFI) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Mastercard (NYSE:MA) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 1/30/2025.

Nestlé Trading Up 1.2 %

NSRGY stock traded up $1.03 during midday trading on Wednesday, hitting $86.72. The company’s stock had a trading volume of 429,037 shares, compared to its average volume of 1,024,207. The company’s fifty day moving average price is $83.36 and its 200 day moving average price is $92.82. Nestlé S.A. has a twelve month low of $80.11 and a twelve month high of $113.67. 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 have recently bought and sold shares of NSRGY. Douglas Lane & Associates LLC raised its position in Nestlé by 6.4% in the third quarter. Douglas Lane & Associates LLC now owns 916,418 shares of the company’s stock worth $92,299,000 after acquiring an additional 55,367 shares during the period. ORG Partners LLC boosted its stake in Nestlé by 225.7% during the third quarter. ORG Partners LLC now owns 8,704 shares of the company’s stock valued at $876,000 after buying an additional 6,032 shares during the last quarter. Eagle Bay Advisors LLC bought a new stake in Nestlé in the 3rd quarter worth approximately $365,000. Saybrook Capital NC raised its stake in Nestlé by 11.9% during the third quarter. Saybrook Capital NC now owns 63,401 shares of the company’s stock valued at $6,383,000 after purchasing an additional 6,742 shares in the last quarter. Finally, Chartwell Investment Partners LLC grew its position in Nestlé by 7.1% in the third quarter. Chartwell Investment Partners LLC now owns 49,222 shares of the company’s stock worth $4,958,000 after acquiring an additional 3,271 shares in the last quarter. 0.61% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Jefferies Financial Group downgraded shares of Nestlé from a “hold” rating to an “underperform” rating in a research note on Wednesday, January 8th. Morgan Stanley upgraded shares of Nestlé from an “underweight” rating to an “equal weight” rating in a research report on Wednesday, November 27th. BNP Paribas upgraded shares of Nestlé from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, January 8th. The Goldman Sachs Group raised shares of Nestlé to a “strong-buy” rating in a report on Tuesday, December 17th. Finally, Royal Bank of Canada raised Nestlé from a “sector perform” rating to an “outperform” rating in a report on Friday, October 18th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, one has issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

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.