A $16.62M open-market purchase by a director following a guidance cut is a strong signal of insider conviction. Monitor for additional insider buying or any further guidance updates in the coming weeks.
Price Chart
Executive Summary
Director Robert C. Pohlad made a $16.62M open-market purchase of PepsiCo stock on October 14, 2026, at $128.28/share. This conviction buy follows PepsiCo's Q3 earnings report (Oct 8) which showed a 5.6% revenue beat but a guidance cut, and the purchase may signal insider confidence in the company's ability to navigate cost pressures.
Key Financial Metrics
Key Facts
- Director Robert C. Pohlad purchased 129,600 shares for $16.62M on October 14, 2026
- Purchase price was $128.28 per share
- Purchase occurred 6 days after PepsiCo reported Q3 2026 earnings and lowered full-year guidance
- Q3 2026 GAAP EPS was $2.23, Core EPS $2.34 (+2% YoY), net revenue $25.27B (+5.6% YoY)
- Full-year 2026 core constant currency EPS growth guidance cut from +4-6% to +1-2%
Financial Impact
$16.62M insider purchase by a director, representing approximately 0.003% of PepsiCo's ~$180B market cap
Risk Factors
- Guidance cut for full-year 2026 EPS growth from +4-6% to +1-2% signals ongoing cost inflation and margin pressure
- Single insider purchase, though large, does not constitute a cluster of buying by multiple executives
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| INSIDER-BUY Data (Synthetic) | 0001061272-26-000004 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 6d ago | Institutional Cluster | $134.70 | awaiting T+5 | — | $132.70 (+1.48%) |
Oct 16, 2026 10d ago | 8-K | $133.57 $135.46 | ▲ +1.42% | ▲ +1.56% | $132.70 (−0.65%) |
Oct 16, 2026 10d ago | Insider Buy | $133.57 $135.46 | ▲ +1.42% | ▲ +1.56% | $132.70 (−0.65%) |
Oct 7, 2026 19d ago | 8-K | $128.34 $128.38 | ▼ −0.03% | ▼ −0.31% | $132.70 (−3.40%) |
Sep 28, 2026 29d ago | ANALYST-DOWNGRADE | $128.50 $125.65 | ▲ +2.22% | ▲ +3.42% | $132.70 (−3.27%) |
Sep 17, 2026 5w ago | 8-K | $129.69 $128.62 | ▼ −0.82% | ▼ −2.09% | $132.70 (+2.32%) |
Aug 25, 2026 9w ago | Press Release | $142.27 | awaiting T+5 | — | $132.70 (−6.73%) |
Jul 17, 2026 14w ago | Press Release | $135.46 $136.64 | ▲ +0.87% | ▲ +1.30% | $132.70 (−2.04%) |
Jul 10, 2026 15w ago | ANALYST-DOWNGRADE | $137.38 $139.43 | ▼ −1.49% | ▼ −2.05% | $132.70 (+3.41%) |
Jun 12, 2026 19w ago | ANALYST-UPGRADE | $144.27 $142.02 | ▼ −1.56% | ▼ −2.23% | $132.70 (−8.02%) |
US Market Status
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