The EVP & Chief Supply Chain Off of Ecolab Inc is Exercising Options


Today it was reported that the EVP & Chief Supply Chain Off of Ecolab Inc (ECL), Alex Blanco, exercised options to sell 51,400 ECL shares at $75.33 a share, for a total transaction value of $10.44M.

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Based on Ecolab Inc’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $3.76 billion and quarterly net profit of $369 million. In comparison, last year the company earned revenue of $3.69 billion and had a net profit of $351 million. ECL’s market cap is $57.92B and the company has a P/E ratio of 39.21. Currently, Ecolab Inc has an average volume of 1.18M.

Based on 6 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $203.40, reflecting a 1.7% upside.

The insider sentiment on Ecolab Inc has been negative according to 147 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.

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