Nestle (OTCMKTS:NSRGY) Stock Sold Off Rep. Josh Gottheimer

Representative Josh Gottheimer (Democratic-New Jersey) recently sold shares of Nestle SA (OTCMKTS:NSRGY). In a filing disclosed on July 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in Nestle stock on June 1st. 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 Nintendo (OTCMKTS:NTDOY) on 6/17/2026.
• Sold $1,001 – $15,000 in shares of Insmed (NASDAQ:INSM) on 6/10/2026.
• Sold $1,001 – $15,000 in shares of Agree Realty (NYSE:ADC) on 6/1/2026.
• Sold $1,001 – $15,000 in shares of Novozymes A/S (OTCMKTS:NVZMY) on 6/1/2026.
• Sold $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 6/1/2026.
• Sold $1,001 – $15,000 in shares of Booking (NASDAQ:BKNG) on 6/1/2026.
• Sold $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 5/27/2026.
• Purchased $1,001 – $15,000 in shares of Lumentum (NASDAQ:LITE) on 5/22/2026.
• Sold $1,001 – $15,000 in shares of Intuit (NASDAQ:INTU) on 5/22/2026.
• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 5/21/2026.

Nestle Stock Down 1.3%

Shares of Nestle stock opened at $103.49 on Thursday. The company has a 50-day simple moving average of $100.35 and a two-hundred day simple moving average of $99.63. Nestle SA has a one year low of $86.98 and a one year high of $109.59. The company has a current ratio of 0.79, a quick ratio of 0.47 and a debt-to-equity ratio of 1.40.

Wall Street Analysts Forecast Growth

Several research firms recently commented on NSRGY. Erste Group Bank upgraded shares of Nestle from a “hold” rating to a “buy” rating in a research note on Tuesday. Jefferies Financial Group restated a “hold” rating on shares of Nestle in a research note on Sunday, June 28th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Nestle in a report on Friday, April 24th. Finally, Morgan Stanley reiterated an “underweight” rating on shares of Nestle in a report on Thursday, July 2nd. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Institutional Trading of Nestle

A number of institutional investors have recently bought and sold shares of the stock. IHT Wealth Management LLC acquired a new position in Nestle during the 2nd quarter valued at approximately $213,000. Douglass Winthrop Advisors LLC lifted its stake in shares of Nestle by 0.3% during the third quarter. Douglass Winthrop Advisors LLC now owns 978,777 shares of the company’s stock worth $89,822,000 after buying an additional 3,167 shares during the period. Resources Management Corp CT ADV grew its holdings in shares of Nestle by 2,727.9% during the third quarter. Resources Management Corp CT ADV now owns 65,042 shares of the company’s stock valued at $5,969,000 after buying an additional 62,742 shares during the last quarter. Verity Asset Management Inc. increased its position in shares of Nestle by 41.7% in the 3rd quarter. Verity Asset Management Inc. now owns 6,725 shares of the company’s stock valued at $617,000 after acquiring an additional 1,978 shares during the period. Finally, GAMMA Investing LLC increased its position in shares of Nestle by 38.4% in the 4th quarter. GAMMA Investing LLC now owns 8,728 shares of the company’s stock valued at $862,000 after acquiring an additional 2,420 shares during the period. 0.61% of the stock is currently owned by institutional investors and hedge funds.

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 Nestle

Nestlé SA is a Swiss multinational food and beverage company headquartered in Vevey, Switzerland. Founded in 1866 by Henri Nestlé, the company has grown into a global consumer goods firm and its American depositary receipts trade in the United States under the OTCMKTS ticker NSRGY. Nestlé operates across a broad range of food and beverage categories and is widely recognized for its portfolio of consumer-facing brands and products.

The company’s main business activities include the manufacture, marketing and distribution of products in categories such as coffee and other beverages, bottled water, dairy and infant nutrition, prepared meals and culinary products, confectionery, and pet care.