Estee Lauder Companies Inc (EL): Fabrizio Freda , President and CEO of Estee Lauder Companies Inc sold 15,975 shares on Jul 6, 2016. The Insider selling transaction was reported by the company on Jul 7, 2016 to the Securities and Exchange Commission. The shares were sold at $90.84 per share for a total value of $1,451,169.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 27, 2016, Gregory Polcer (EVP – Global Supply Chain) sold 35,000 shares at $94.73 per share price.On Jun 8, 2016, Carl P. Haney (EVP-Global R&D) sold 34,483 shares at $93.39 per share price.Also, On May 20, 2016, Ronald S Foundation Lauder (10% owner) sold 25,000 shares at $90.63 per share price.On May 18, 2016, Alexandra C. Trower (EVP – Global Communications) sold 34,650 shares at $92.06 per share price.
Shares of Estee Lauder Companies Inc (EL) ended Tuesday, Jul 6, 2016 session in red amid volatile trading. The shares closed down -0.5 points or -0.54% at $91.32 with 16,85,404 shares getting traded. Post opening the session at $91.45, the shares hit an intraday low of $91.03 and an intraday high of $92.16 and the price vacillated in this range throughout the day. The company has a market cap of $33,719 M and the number of outstanding shares has been calculated to be 36,92,37,810 shares. The 52-week high of Estee Lauder Companies Inc is $97.48 and the 52-week low is $73.67.
Company has been under the radar of several Street Analysts.Estee Lauder Companies Inc is Upgraded by Credit Agricole to Buy. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Jun 13, 2016.Estee Lauder Companies Inc is Reiterated by Stifel to Buy and the brokerage firm has raised the Price Target to $ 105 from a previous price target of $96 .The Rating was issued on Apr 19, 2016.Estee Lauder Companies Inc is Reiterated by Piper Jaffray to Overweight and the brokerage firm has raised the Price Target to $ 100 from a previous price target of $99 .The Rating was issued on Apr 13, 2016.
The Estee Lauder Companies Inc. is a manufacturer and marketer of skin care makeup fragrance and hair care products. The Companys products are sold in over 150 countries and territories under a number of brand names including Estee Lauder Aramis Clinique Origins Le Labo M.A.C Bobbi Brown La Mer and Aveda. It is also the global licensee for fragrances and/or cosmetics sold under brand names such as Tommy Hilfiger Donna Karan Michael Kors Tom Ford and Coach. It sells its products principally through limited distribution channels to complement the images associated with its brands. These channels include points of sale consisting of upscale department stores specialty retailers upscale perfumeries and pharmacies and prestige salons and spas. In addition its products are sold in freestanding Company-operated stores its own and authorized retailer Websites stores on cruise ships direct response television (DRTV) in-flight and duty-free shops.