Today, the SVP, Chief of Staff of Colgate-Palmolive (NYSE: CL), John Huston, sold shares of CL for $130.1K.
Following John Huston’s last CL Sell transaction on August 16, 2010, the stock climbed by 30.9%.
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Based on Colgate-Palmolive’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $4 billion and quarterly net profit of $634 million. In comparison, last year the company earned revenue of $3.76 billion and had a net profit of $570 million. CL’s market cap is $54.7B and the company has a P/E ratio of 26.57. Currently, Colgate-Palmolive has an average volume of 4.98M.
Based on 5 analyst ratings, the analyst consensus is Hold with an average price target of $71.80, reflecting a -13.6% downside. Five different firms, including Goldman Sachs and Investec, currently also have a Sell rating on the stock.
John Huston’s trades have generated a -26.8% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Colgate-Palmolive Co. engages in the manufacturing and distribution of consumer products. It operates through Oral, Personal and Home Care; and Pet Nutrition segments.
