Mondelez International, Inc. (NASDAQ:MDLZ) has made a 40.85% comeback from a 12-month low price of $38.78. It was seen -1.62% lower, changing the price to $54.63, when the closing bell rang on 7/11/2019. At a recent session, the prices were hovering between $54.411 and $55.83. This company shares are 4.72% off its target price of $57.21 and the current market capitalization stands at $79.01B. The recent change has given its price a 2.71% lead over SMA 50 and -2.18% deficit over its 52-week high. The stock witnessed 1.19% gains, 9.92% gains and 30.29% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found MDLZ’s volatility during a week at 1.26% and during a month it has been found around 1.23%.
What Does Mondelez International, Inc. (MDLZ) Do?
The company describes itself in regulatory filings as, “Mondelez International, Inc. engages in the manufacture and marketing of snack food and beverage products. It operates through the following geographical segments: Latin America; Asia, Middle East, and Africa; Europe; and North America. Its products include beverages, biscuits, meals, chocolate, gum, and candy. Its brands include but not limited to Nabisco, Oreo, and LU biscuits; Cadbury, Cadbury Dairy Milk, and Milka chocolates; and Trident gum. The company was founded by James Lewis Kraft in 1903 is headquartered in Deerfield, IL.” [Text can be found here: https://www.marketwatch.com/investing/stock/MDLZ/profile under company description.]Mondelez International, Inc. (MDLZ) Top Holders
Institutional investors currently hold around $61.67 billion or 79.2% in MDLZ stock. Look at its top three institutional owners: Vanguard Group Inc owns $6.04 billion in Mondelez International, Inc., which represents roughly 7.65% of the company’s market cap and approximately 9.8% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 89,950,501 shares of the stock are valued at $4.99 billion. The third largest holder is State Street Corp, which currently holds $3.62 billion worth of this stock and that ownership represents nearly 4.58% of its market capitalization.
At the end of March reporting period, 632 institutional holders increased their position in Mondelez International, Inc. (NASDAQ:MDLZ) by some 69,689,844 shares, 673 decreased positions by 69,242,296 and 230 held positions by 971,548,396. That puts total institutional holdings at 1,110,000,000 shares, according to SEC filings. The stock grabbed 145 new institutional investments totaling 16,370,554 shares while 94 institutional investors sold out their entire positions totaling 8,592,381 shares.Mondelez International, Inc. (NASDAQ:MDLZ) Insider Trades
Multiple company employees have indulged in significant insider trading. Mondelez International, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that EVP and President AMEA Brusadelli Maurizio has sold 39,882 shares of Mondelez International, Inc. (MDLZ) in the trading session dated Jun. 13, 2019. These shares are worth $2,174,367 and were traded at $54.52 each. The SEC filing shows that Pleuhs Gerhard W. performed a sale of 80,000 shares. The EVP & General Counsel disposed these shares by way of transaction on May. 02, 2019. The company’s shares were given away at $51.57 per share worth to an income of some $4,125,600 to the account of Pleuhs Gerhard W..
EVP & President, LA, Lorenzo Alejandro, sold 26,347 common shares of Mondelez International, Inc. (MDLZ) in the open market. In a transaction dated Mar. 05, 2019, the shares were put up for sale at an average price of $46.94, raking in a sum of $1,236,728. After this sale, 59,320 common shares of MDLZ are directly owned by the insider, with total stake valued at $3,240,652.
In the transaction dated Feb. 13, 2019, a great number of shares sold came courtesy the EVP & General Counsel; Pleuhs Gerhard W. disposed a total of 29,340 shares at an average price of $47.72, amounting to approximately $1,400,105. The insider now directly owns 200,360 shares worth $10,945,667.Mondelez International, Inc. (MDLZ) Analyst Guide
Several analysts have released their opinion on Mondelez International, Inc. (NASDAQ:MDLZ), with 8 analysts believing it is a strong buy. Whereas 5 of them predict the stock is a hold. Also, there are 7 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.85 average brokerage recommendation [T1].