3M Company (NYSE: MMM) Executives are Making Moves with Their Shares

By Carrie Williams

Today, the SVP of 3M Company (NYSE: MMM), Julie Bushman, sold shares of MMM for $1.8M.

Following Julie Bushman’s last MMM Sell transaction on February 19, 2016, the stock climbed by 15.3%. In addition to Julie Bushman, one other MMM executive reported Sell trades in the last month.

The company has a one year high of $182.27 and a one year low of $134.64. Currently, 3M Company has an average volume of 513.9K. The Company has a book value per share of 8.5063.

Six different firms, including J.P. Morgan and Morgan Stanley, currently also have a Sell rating on the stock. Based on 5 analyst ratings, the analyst consensus is Hold with an average price target of $177.50, reflecting a -4.3% downside.

The insider sentiment on 3M Company has been neutral according to 97 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.