Today it was reported that the President Global Industrial & of McCormick & Company (MKC), Malcolm Swift, exercised options to sell 27,200 MKC shares at $71.60 a share, for a total transaction value of $4.6M.
Following Malcolm Swift’s last MKC Sell transaction on November 02, 2018, the stock climbed by 24.8%. In addition to Malcolm Swift, 3 other MKC executives reported Sell trades in the last month.
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The company has a one-year high of $171.10 and a one-year low of $119. MKC’s market cap is $22.34B and the company has a P/E ratio of 32.91.
The insider sentiment on McCormick & Company has been negative according to 88 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Malcolm Swift’s trades have generated a -12.5% 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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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.
