The Chief Legal & Admin Off & C.S. of Newell Brands (NYSE: NWL) is Buying Shares

By Carrie Williams

Today, the Chief Legal & Admin Off & C.S. of Newell Brands (NYSE: NWL), Bradford Turner, bought shares of NWL for $68.09K.

This recent transaction increases Bradford Turner’s holding in the company by 22% to a total of $351.1K. In addition to Bradford Turner, 3 other NWL executives reported Buy trades in the last month.

The company has a one-year high of $55.08 and a one-year low of $23.85. NWL’s market cap is $13.04B and the company has a P/E ratio of 10.48. Currently, Newell Brands has an average volume of 7.79M.

19 different firms, including Barclays and BMO Capital, currently also have a Buy rating on the stock. Based on 9 analyst ratings, the analyst consensus is Hold with an average price target of $28.63, reflecting a -5.0% downside.

The insider sentiment on Newell Brands has been positive according to 44 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Newell Brands, Inc. engages in the manufacture, marketing, and sale of consumer and commercial products. It operates through the following segments: Writing, Home Solutions, Tools, Commercial Products, Baby & Parenting, Branded Consumables, Consumer Solutions, Outdoor Solutions, and Process Solutions.