Today it was reported that the EVP & Pres – Global Inst of Ecolab Inc (NYSE: ECL), Michael Hickey, exercised options to sell 32,468 ECL shares at $55.59 a share, for a total transaction value of $5.06M.
Following Michael Hickey’s last ECL Sell transaction on December 07, 2017, the stock climbed by 21.8%. In addition to Michael Hickey, 5 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 $45.22B and the company has a P/E ratio of 29.48. Currently, Ecolab Inc has an average volume of 718.9K.
Based on 7 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $162.57, reflecting a 3.5% upside.
In the last 30 days, insiders have sold $11.06M worth of ECL shares and purchased $73.26K worth of ECL shares. The insider sentiment on Ecolab Inc has been negative according to 136 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.
