Rep. Bruce Westerman Buys Nestlé S.A. (OTCMKTS:NSRGY) Shares

Representative Bruce Westerman (R-Arkansas) recently bought shares of Nestlé S.A. (OTCMKTS:NSRGY). In a filing disclosed on April 16th, the Representative disclosed that they had bought between $1,001 and $15,000 in Nestlé stock on March 20th. The trade occurred in the Representative’s “FISHER IRA” account.

Representative Bruce Westerman also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) on 4/2/2025.
  • Purchased $1,001 – $15,000 in shares of Sony Group (NYSE:SONY) on 3/24/2025.
  • Purchased $1,001 – $15,000 in shares of Mitsubishi UFJ Financial Group (NYSE:MUFG) on 3/21/2025.
  • Purchased $1,001 – $15,000 in shares of BP (NYSE:BP) on 3/21/2025.
  • Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 3/20/2025.
  • Sold $1,001 – $15,000 in shares of Medtronic (NYSE:MDT) on 3/20/2025.
  • Purchased $1,001 – $15,000 in shares of ASML (NASDAQ:ASML) on 3/20/2025.
  • Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 3/20/2025.
  • Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 3/20/2025.
  • Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 3/20/2025.

Nestlé Trading Up 3.2 %

Shares of NSRGY traded up $3.33 during midday trading on Friday, hitting $107.74. The company had a trading volume of 855,608 shares, compared to its average volume of 875,514. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.85 and a quick ratio of 0.52. Nestlé S.A. has a 52 week low of $80.11 and a 52 week high of $110.46. The company’s 50 day moving average price is $99.37 and its 200 day moving average price is $91.94.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Ameriflex Group Inc. purchased a new position in Nestlé in the fourth quarter valued at about $26,000. Flagship Wealth Advisors LLC bought a new position in Nestlé during the fourth quarter valued at approximately $33,000. Thompson Investment Management Inc. acquired a new stake in Nestlé in the fourth quarter valued at approximately $33,000. Kohmann Bosshard Financial Services LLC bought a new stake in Nestlé in the fourth quarter worth approximately $45,000. Finally, Murphy & Mullick Capital Management Corp bought a new position in shares of Nestlé during the 4th quarter valued at $49,000. Hedge funds and other institutional investors own 0.61% of the company’s stock.

Analysts Set New Price Targets

NSRGY has been the subject of several research reports. Morgan Stanley lowered Nestlé from an “equal weight” rating to an “underweight” rating and set a $91.00 target price for the company. in a research report on Friday, April 4th. Jefferies Financial Group lowered shares of Nestlé from a “hold” rating to an “underperform” rating in a research note on Wednesday, January 8th. Royal Bank of Canada cut Nestlé from an “outperform” rating to a “sector perform” rating in a research report on Friday, March 21st. Finally, BNP Paribas lowered shares of Nestlé from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Nestlé has a consensus rating of “Hold” and an average price target of $91.00.

Read Our Latest Research Report on NSRGY

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas’ 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas’ 4th Congressional District. He declared candidacy for the 2026 election.

Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

About Nestlé

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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.

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