Today, the Pres Global Brands & Inno of Kimberly Clark (NYSE: KMB), Anthony Palmer, sold shares of KMB for $756.3K.
This is Palmer’s first transaction since reporting a Sell transaction on HSY back in June 2017 In addition to Anthony Palmer, one other KMB executive reported Sell trades in the last month.
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Based on Kimberly Clark’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $4.6 billion and quarterly net profit of $455 million. In comparison, last year the company earned revenue of $4.55 billion and had a net profit of $531 million. KMB’s market cap is $40.52B and the company has a P/E ratio of 23.72. Currently, Kimberly Clark has an average volume of 2.76M.
12 different firms, including Atlantic Equities and Barclays, currently also have a Sell rating on the stock. Based on 6 analyst ratings, the analyst consensus is Moderate Sell with an average price target of $99.00, reflecting a 18.4% upside.
The insider sentiment on Kimberly Clark has been negative according to 34 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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Kimberly-Clark Corp. is engaged in the manufacturing and marketing of products made from natural or synthetic fibers. It operates through the following segments: Personal Care, Consumer Tissue, and K-C Professional.
