A Director at Coty Inc (COTY) is Buying Shares


Today, a Director at Coty Inc (NYSE: COTY), Robert S. Singer, bought shares of COTY for $211.7K.

Following this transaction Robert S. Singer’s holding in the company was increased by 10.71% to a total of $2.18 million.

See today’s analyst top recommended stocks >>

Based on Coty Inc’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $2.22 billion and GAAP net loss of $77 million. In comparison, last year the company earned revenue of $2.03 billion and had a GAAP net loss of $164 million. Currently, Coty Inc has an average volume of 400.

10 different firms, including BMO Capital and Merrill Lynch, currently also have a Buy rating on the stock. Based on 5 analyst ratings, the analyst consensus is Hold with an average price target of $15.63, reflecting a -10.0% downside.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Coty, Inc. engages in the manufacture of beauty and skin care products, fragrances, and color cosmetics. It operates through the following segments: Consumer Beauty, Luxury, and Professional Beauty. The Consumer Beauty segment offers color cosmetics, retail hair coloring and styling products, body care, and mass fragrances.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts