The President of Kimberly Clark is Exercising Options
Today it was reported that the President of Kimberly Clark (KMB), Kimberly Underhill, exercised options to sell 24,650 KMB shares at $106.28 a share, for a total transaction value of $3.13M.
Following Kimberly Underhill’s last KMB Sell transaction on January 31, 2018, the stock climbed by 16.2%. In addition to Kimberly Underhill, 7 other KMB executives reported Sell trades in the last month.
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KMB’s market cap is $44.03B and the company has a P/E ratio of 25.20. Currently, Kimberly Clark has an average volume of 607.3K.
Based on 10 analyst ratings, the analyst consensus is Hold with an average price target of $126.33, reflecting a -1.0% downside.
In the last 30 days, insiders have sold $45.81M worth of KMB shares and purchased $183.1K worth of KMB shares. The insider sentiment on Kimberly Clark has been negative according to 49 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. engages in the manufacture and marketing of products made from natural or synthetic fibers. It operates through the following segments: Personal Care, Consumer Tissue, and K-C Professional.