A Director at 3M Company (MMM) is Buying Shares


Today, a Director at 3M Company (MMM), David Dillon, bought shares of MMM for $203.4K.

This recent transaction increases David Dillon’s holding in the company by 28.94% to a total of $904.1K. This is Dillon’s first transaction since reporting a Sell transaction on KR back in March 2011

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MMM’s market cap is $97.47B and the company has a P/E ratio of 17.93. Currently, 3M Company has an average volume of 1.25M. The Company has a Price to Book ratio of 10.0451.

MMM is a controversial stock, with 3 analysts recommending Buy, while 3 recommends selling the stock. Based on 13 analyst ratings, the analyst consensus is Hold with an average price target of $191.17, reflecting a 13.8% upside. Four different firms, including Merrill Lynch and Citigroup, currently also have a Buy rating on the stock.

The insider sentiment on 3M Company has been neutral according to 104 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.

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3M Co. is a technology company, which manufactures industrial, safety and consumer products. It operates through the following five segments: Industrial, Safety & Graphics, Health Care, Electronics & Energy, and Consumer.

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