Today it was reported that the Executive VP, Consumer Sales of Church & Dwight (NYSE: CHD), Louis Tursi, exercised options to sell 318,158 CHD shares at $29.57 a share, for a total transaction value of $18.03M. The options were close to expired and Louis Tursi disposed stocks.
Following Louis Tursi’s last CHD Sell transaction on August 11, 2016, the stock climbed by 8.4%. In addition to Louis Tursi, 5 other CHD executives reported Sell trades in the last month.
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Based on Church & Dwight’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $1.03 billion and quarterly net profit of $122 million. In comparison, last year the company earned revenue of $898 million and had a net profit of $72.9 million. CHD’s market cap is $14B and the company has a P/E ratio of 17.64. Currently, Church & Dwight has an average volume of 1.66M.
Four different firms, including Barclays and Deutsche Bank, currently also have a Sell rating on the stock. Based on 8 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $58.38, reflecting a -1.8% downside.
The insider sentiment on Church & Dwight has been negative according to 42 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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Church & Dwight Co., Inc. engages in the development, manufacture, and market of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, and Specialty Products.
