The SVP – Chief Innovation Officer of Clorox (CLX) is Selling Shares


Yesterday, the SVP – Chief Innovation Officer of Clorox (CLX), Denise Garner, sold shares of CLX for $1.94M.

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Based on Clorox’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $1.55 billion and quarterly net profit of $187 million. In comparison, last year the company earned revenue of $1.52 billion and had a net profit of $181 million. CLX’s market cap is $20.05B and the company has a P/E ratio of 25.70. The Company has a Price to Book ratio of 25.6742.

Based on 8 analyst ratings, the analyst consensus is Hold with an average price target of $150.00, reflecting a -4.3% downside. Three different firms, including Deutsche Bank and J.P. Morgan, currently also have a Sell rating on the stock.

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The Clorox Co. engages in the manufacture and marketing of consumer and institutional products. It operates through the following business segments: Cleaning, Lifestyle, Household, International, and Corporate. The Cleaning segment consists of laundry, home care, and professional products marketed and sold in the United States.

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