Yesterday it was reported that the EVP & CTO of Ecolab Inc (ECL), Larry Berger, exercised options to sell 12,600 ECL shares at $71.54 a share, for a total transaction value of $2.38M.
Following Larry Berger’s last ECL Sell transaction on March 05, 2019, the stock climbed by 26.7%. In addition to Larry Berger, 2 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 March 31, the company posted quarterly revenue of $3.51 billion and quarterly net profit of $297 million. In comparison, last year the company earned revenue of $3.47 billion and had a net profit of $247 million. ECL’s market cap is $56.72B and the company has a P/E ratio of 39.04. Currently, Ecolab Inc has an average volume of 1.63M.
Based on 9 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $195.71, reflecting a -0.5% downside.
The insider sentiment on Ecolab Inc has been negative according to 138 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 -11.6% 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 Others. The Global Industrial segment consists of the water, food and beverage, paper, life sciences and textile care operating segments.
