Rep. C. Scott Franklin Acquires PepsiCo, Inc. (NASDAQ:PEP) Stock
MarketBeat
Representative C. Scott Franklin recently purchased between $1,001 and $15,000 worth of PepsiCo (NASDAQ: PEP) stock for his Fidelity Roth IRA on August 26, 2026. This acquisition followed sales of Alphabet, JPMorgan Chase, and Apple earlier in August. Despite concerns over weaker demand and margin pressure, PepsiCo reported strong quarterly earnings, slightly exceeding analyst estimates, and declared a quarterly dividend of $1.48, representing a 4.6% annualized yield.
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