Oakmont Investment Advisors Inc. Acquires Shares of 17,470 PepsiCo, Inc. $PEP

Oakmont Investment Advisors Inc. has acquired 17,470 shares of PepsiCo, Inc. (NASDAQ:PEP) valued at approximately $2.37 million, making it their 15th largest holding. Despite this, PepsiCo's EVP David Flavell recently sold 2,900 shares, and institutional investors collectively own 73.07% of the company. Analysts currently rate PepsiCo as a "Hold" with an average price target of $157.90, and the company has declared a quarterly dividend of $1.48 per share.