The EVP & CFO of Dr Pepper (NYSE: DPS) is Selling Shares

By Carrie Williams

Today, the EVP & CFO of Dr Pepper (NYSE: DPS), Martin Ellen, sold shares of DPS for $3.62M.

Following Martin Ellen’s last DPS Sell transaction on February 27, 2017, the stock climbed by 30.2%. In addition to Martin Ellen, 2 other DPS executives reported Sell trades in the last month.

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Based on Dr Pepper’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $1.59 billion and quarterly net profit of $159 million. In comparison, last year the company earned revenue of $1.51 billion and had a net profit of $177 million. DPS’s market cap is $21.77B and the company has a P/E ratio of 20.75. Currently, Dr Pepper has an average volume of 1.17M.

Four different firms, including Merrill Lynch and Goldman Sachs, currently also have a Sell rating on the stock. Based on 5 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $126.20, reflecting a -4.5% downside.

The insider sentiment on Dr Pepper has been negative according to 75 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Dr Pepper Snapple Group, Inc. engages in the manufacturing, marketing and distribution of non-alcoholic beverages. It operates through the following segments: Beverage Concentrates, Packaged Beverages, and Latin America Beverages.