Today it was reported that the President & COO of Ecolab Inc (ECL), Thomas Handley, exercised options to sell 72,526 ECL shares at $71.54 a share, for a total transaction value of $12.63M.
Following Thomas Handley’s last ECL Sell transaction on September 15, 2017, the stock climbed by 46.6%. In addition to Thomas Handley, 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 December 31, the company posted quarterly revenue of $3.76 billion and quarterly net profit of $395 million. In comparison, last year the company earned revenue of $3.65 billion and had a net profit of $566 million. ECL’s market cap is $50.36B and the company has a P/E ratio of 35.94. Currently, Ecolab Inc has an average volume of 739.4K.
Based on 10 analyst ratings, the analyst consensus is Hold with an average price target of $174.33, reflecting a -0.1% downside.
In the last 30 days, insiders have sold $22.24M worth of ECL shares and purchased $171.1K worth of ECL shares. The insider sentiment on Ecolab Inc has been negative according to 130 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 Others. The Global Industrial segment consists of the water, food and beverage, paper, life sciences and textile care operating segments.
