Today it was reported that the VP & Controller of McCormick & Company (MKC), Christina Mcmullen, exercised options to sell 2,000 MKC shares at $71.10 a share, for a total transaction value of $308K.
Following Christina Mcmullen’s last MKC Sell transaction on November 15, 2018, the stock climbed by 6.9%. In addition to Christina Mcmullen, 3 other MKC executives reported Sell trades in the last month.
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MKC’s market cap is $20.38B and the company has a P/E ratio of 31.28. Currently, McCormick & Company has an average volume of 679.5K.
Based on 7 analyst ratings, the analyst consensus is Hold with an average price target of $145.50, reflecting a -5.8% downside.
The insider sentiment on McCormick & Company has been negative according to 86 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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McCormick & Co., Inc. engages in the manufacture, market and distribution of spices, seasoning mixes, condiments and other flavorful products to retail outlets, food manufacturers and foodservice businesses. It operates through the Consumer and Industrial business segments.
