The COB, Pres & CEO of Procter & Gamble is Exercising Options

By Carrie Williams

Today it was reported that the COB, Pres & CEO of Procter & Gamble (PGResearch Report), David S. Taylor, exercised options to sell 30,000 PG shares at $67.52 a share, for a total transaction value of $2.97M.

In addition to David S. Taylor, 15 other PG executives reported Sell trades in the last month. Following David S. Taylor’s last PG Sell transaction on November 19, 2018, the stock climbed by 5.9%.

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Based on Procter & Gamble’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $17.44 billion and quarterly net profit of $3.19 billion. In comparison, last year the company earned revenue of $17.4 billion and had a net profit of $2.5 billion. Currently, Procter & Gamble has an average volume of 12M. PG’s market cap is $246.3B and the company has a P/E ratio of 23.95.

Based on 16 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $95.33, reflecting a -3.7% downside.

The insider sentiment on Procter & Gamble has been negative according to 71 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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