The Controller, Treas. & Exec. VP of Procter & Gamble is Exercising Options

By Carrie Williams

Today it was reported that the Controller, Treas. & Exec. VP of Procter & Gamble (PGResearch Report), Valarie Sheppard, exercised options to sell 26,891 PG shares at $63.28 a share, for a total transaction value of $2.86M.

Following Valarie Sheppard’s last PG Sell transaction on February 25, 2019, the stock climbed by 7.6%. In addition to Valarie Sheppard, 11 other PG executives reported Sell trades in the last month.

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Based on Procter & Gamble’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $16.46 billion and quarterly net profit of $2.75 billion. In comparison, last year the company earned revenue of $16.28 billion and had a net profit of $2.51 billion. Currently, Procter & Gamble has an average volume of 6.1M. PG’s market cap is $267.1B and the company has a P/E ratio of 25.34.

Based on 12 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $106.73, reflecting a 1.7% upside.

The insider sentiment on Procter & Gamble has been negative according to 116 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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