Colgate Palmolive Co (CL) Files Form 4 Insider Selling : Noel R. Wallace Sells 60,000 Shares

Colgate Palmolive Co (CL): Noel R. Wallace , COO G1.Innov.&Gwth &Hill’s of Colgate Palmolive Co sold 60,000 shares on May 3, 2016. The Insider selling transaction was reported by the company on May 5, 2016 to the Securities and Exchange Commission. The shares were sold at $72.16 per share for a total value of $4,329,462.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 5, 2016, Victoria L Dolan (VP & Corporate Controller) sold 19,334 shares at $71.76 per share price.On May 5, 2016, John T Cahill (director) sold 16,000 shares at $72.30 per share price.Also, On Apr 19, 2016, Patricia Verduin (Chief Technology Officer) sold 3,666 shares at $70.83 per share price.On Mar 10, 2016, Franck J Moison (COO Emerging Mkts.& So. Pacif.) sold 6,661 shares at $67.36 per share price.

Colgate-Palmolive Company: On Wednesday, May 4, 2016 heightened volatility was witnessed in Colgate-Palmolive Company which led to swings in the share price. The shares opened for trading at $71.55 and hit $72 on the upside , eventually ending the session at $71.88, with a gain of 0.04% or 0.03 points. The heightened volatility saw the trading volume jump to 33,14,804 shares. The 52-week high of the share price is $72.45 and the company has a market cap of $64,190 M . The 52-week low of the share price is at $50.84.

Colgate-Palmolive Company Money Flow Index Chart

Company has been under the radar of several Street Analysts.Colgate-Palmolive Company is Upgraded by Goldman to Neutral. Earlier the firm had a rating of Sell on the company shares. The Rating was issued on May 2, 2016.Colgate-Palmolive Company is Reiterated by UBS to Neutral and the brokerage firm has raised the Price Target to $ 76 from a previous price target of $73 .The Rating was issued on Apr 29, 2016.Colgate-Palmolive Company is Downgraded by Sterne Agee CRT to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Feb 26, 2016.

Colgate-Palmolive Company (Colgate) is a consumer products company whose products are marketed in more than 200 countries and territories throughout the world. The Company operates in two product segments: Oral Personal and Home Care and Pet Nutrition. The Oral Personal and Home Care product segment is operated through five geographic segments: North America Latin America Europe/South Pacific Asia and Africa/Eurasia. The Company’s oral care products include Colgate Total; Colgate Sensitive Pro-Relief; Colgate Max Fresh; Colgate Optic White and Colgate Luminous White toothpastes among others. The Company sells its personal care products under the Palmolive Protex and Softsoap brands. The Company through its Hill’s Pet Nutrition segment (Hill’s) manufactures pet nutrition products for dogs and cats.

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