Today, the EVP & CTO of Ecolab Inc (NYSE: ECL), Larry Berger, sold shares of ECL for $1.43M.
Following Larry Berger’s last ECL Sell transaction on December 06, 2017, the stock climbed by 19.2%. In addition to Larry Berger, 4 other ECL executives reported Sell trades in the last month.
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Based on Ecolab Inc’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $3.69 billion and quarterly net profit of $351 million. In comparison, last year the company earned revenue of $3.46 billion and had a net profit of $297 million. ECL’s market cap is $44.75B and the company has a P/E ratio of 29.17. Currently, Ecolab Inc has an average volume of 760.5K.
Based on 7 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $162.57, reflecting a 4.4% upside.
In the last 30 days, insiders have sold $6M worth of ECL shares and purchased $73.26K worth of ECL shares. The insider sentiment on Ecolab Inc has been negative according to 135 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Larry Berger’s trades have generated a -5.7% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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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.
