PepsiCo (NASDAQ:PEP) CEO Ramon Laguarta Sells 30,000 Shares of Company Stock

Posted by Brian Himes on Oct 24th, 2026

PepsiCo, Inc. (NASDAQ:PEP – Get Free Report) CEO Ramon Laguarta sold 30,000 shares of the company’s stock in a transaction dated Wednesday, October 21st. The stock was sold at an average price of $135.13, for a total value of $4,053,900.00. Following the completion of the transaction, the chief executive officer directly owned 491,645 shares of the company’s stock, valued at approximately $66,435,988.85. This trade represents a 5.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

PepsiCo Stock Performance

NASDAQ:PEP opened at $135.77 on Friday. The stock has a 50-day moving average price of $134.05 and a 200 day moving average price of $141.53. The stock has a market capitalization of $185.02 billion, a P/E ratio of 17.06, a P/E/G ratio of 4.15 and a beta of 0.35. PepsiCo, Inc. has a 12-month low of $123.47 and a 12-month high of $171.48. The company has a current ratio of 0.94, a quick ratio of 0.76 and a debt-to-equity ratio of 1.90.

PepsiCo (NASDAQ:PEP – Get Free Report) last posted its quarterly earnings results on Wednesday, October 7th. The company reported $2.34 EPS for the quarter, topping analysts’ consensus estimates of $2.29 by $0.05. PepsiCo had a return on equity of 53.08% and a net margin of 11.09%. The company had revenue of $25.27 billion for the quarter, compared to analysts’ expectations of $24.95 billion. During the same period in the previous year, the firm earned $2.29 EPS. The firm’s revenue was up 5.6% compared to the same quarter last year. Equities research analysts forecast that PepsiCo, Inc. will post 8.39 EPS for the current fiscal year.

Institutional Trading of PepsiCo

A number of large investors have recently added to or reduced their stakes in the company. Strengthening Families & Communities LLC lifted its position in PepsiCo by 15.5% in the third quarter. Strengthening Families & Communities LLC now owns 10,893 shares of the company’s stock worth $1,380,000 after buying an additional 1,461 shares during the last quarter. Stillwater Wealth Management Group bought a new position in PepsiCo during the third quarter valued at $201,000. Sawyer & Company Inc bought a new position in PepsiCo during the third quarter valued at $188,000. Bell Bank increased its position in PepsiCo by 23.3% during the third quarter. Bell Bank now owns 83,997 shares of the company’s stock valued at $10,644,000 after acquiring an additional 15,858 shares during the last quarter. Finally, Bank Pictet & Cie Europe AG raised its stake in shares of PepsiCo by 12.7% in the third quarter. Bank Pictet & Cie Europe AG now owns 59,333 shares of the company’s stock valued at $7,519,000 after acquiring an additional 6,676 shares during the period. Institutional investors own 73.07% of the company’s stock.

Wall Street Analysts Forecast Growth

PEP has been the subject of a number of research reports. Barclays dropped their target price on shares of PepsiCo from $133.00 to $126.00 and set an “equal weight” rating for the company in a research report on Monday, October 12th. BNP Paribas Exane reduced their price target on shares of PepsiCo from $161.00 to $157.00 and set an “outperform” rating on the stock in a report on Friday, October 9th. TD Cowen decreased their price target on shares of PepsiCo from $145.00 to $133.00 and set a “hold” rating on the stock in a research note on Monday, September 28th. Piper Sandler dropped their price objective on shares of PepsiCo from $176.00 to $140.00 and set an “overweight” rating for the company in a report on Friday, October 9th. Finally, Sanford C. Bernstein reissued a “market perform” rating on shares of PepsiCo in a report on Friday, October 9th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, PepsiCo currently has an average rating of “Hold” and an average price target of $143.28.

Read Our Latest Analysis on PepsiCo

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

Positive Sentiment: PepsiCo renewed its beverage partnership with Taco Bell through 2036, preserving distribution for brands such as Mountain Dew Baja Blast across participating U.S. and select international locations. The agreement also includes collaboration on crafted, functional and energy drinks, providing a multiyear channel for innovation. Taco Bell and PepsiCo partnership renewal
Positive Sentiment: Options activity was unusually bullish, with traders purchasing about 55,189 call options—roughly 71% above typical volume—suggesting some market participants are positioning for a rebound. Unusual options volume report
Neutral Sentiment: PepsiCo is closing its Knoxville, Tennessee, bottling plant, affecting more than 120 roles. The move may reduce costs and align capacity with weaker North American soft-drink volumes, but it also highlights current demand pressure. PepsiCo shuts Tennessee bottling plant
Negative Sentiment: Erste Group Bank lowered its PepsiCo EPS forecasts to $8.39 for fiscal 2026 and $8.60 for fiscal 2027, citing a weaker outlook. The 2026 estimate is near the broader $8.41 consensus, but the revisions reinforce concerns about slowing growth.
Negative Sentiment: Investors are questioning whether PepsiCo’s roughly 4% dividend yield is adequately covered after the company lowered its earnings outlook. Reports point to thin free-cash-flow coverage, increasing perceived dividend risk.
Negative Sentiment: CEO Ramon Laguarta sold 30,000 shares for approximately $4.1 million, reducing his holdings by 5.75%. Although insider sales do not necessarily signal a change in business fundamentals, the transaction adds to near-term investor caution.

About PepsiCo

(Get Free Report)

PepsiCo, Inc (NASDAQ:PEP) is a global food and beverage company whose portfolio includes Pepsi-Cola, Mountain Dew, Gatorade, Lay’s, Doritos, Cheetos, Quaker, Tostitos, Fritos, and SodaStream. Its products span carbonated soft drinks, sports and energy beverages, bottled water, juices, convenient foods, snacks, and other packaged food offerings.

The company sells products through retail stores, restaurants, food-service providers, e-commerce platforms, and other distribution channels. PepsiCo serves consumers in North America and international markets across Latin America, Europe, Africa, the Middle East, and Asia-Pacific.