The Chairman & CEO of Ecolab Inc is Exercising Options

Today it was reported that the Chairman & CEO of Ecolab Inc (ECL), Douglas M. Baker, exercised options to sell 40,025 ECL shares at $48.05 a share, for a total transaction value of $6.41M.

Following Douglas M. Baker’s last ECL Sell transaction on July 31, 2009, the stock climbed by 122.4%.

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Based on Ecolab Inc’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $3.75 billion and quarterly net profit of $435 million. In comparison, last year the company earned revenue of $3.56 billion and had a net profit of $392 million. ECL’s market cap is $46.07B and the company has a P/E ratio of 29.26. Currently, Ecolab Inc has an average volume of 727.1K.

Based on 9 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $152.29, reflecting a -4.4% downside.

The insider sentiment on Ecolab Inc has been negative according to 137 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Ecolab, Inc. engages in the provision of products and services in the field of water, hygiene, and energy. It operates through the following segments: Global Industrial, Global Institutional, Global Energy, and Other.