Colgate Palmolive Co (CL) Files Form 4 Insider Selling : Patricia Verduin Sells 3,666 Shares

Colgate Palmolive Co (CL): Patricia Verduin , Chief Technology Officer of Colgate Palmolive Co sold 3,666 shares on Apr 15, 2016. The Insider selling transaction was reported by the company on Apr 19, 2016 to the Securities and Exchange Commission. The shares were sold at $70.83 per share for a total value of $259,662.78 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 17, 2016, Patricia Verduin (Chief Technology Officer) sold 3,666 shares at $67.83 per share price.On Mar 10, 2016, Victoria L Dolan (VP & Corporate Controller) sold 2,132 shares at $67.36 per share price.Also, On Mar 10, 2016, Franck J Moison (COO Emerging Mkts.& So. Pacif.) sold 6,661 shares at $67.36 per share price.On Mar 10, 2016, Daniel B Marsili (Sr. VP Global Human Resources) sold 6,985 shares at $67.36 per share price.

Colgate-Palmolive Company: On Monday, Apr 18, 2016 heightened volatility was witnessed in Colgate-Palmolive Company which led to swings in the share price. The shares opened for trading at $70.9 and hit $71.4665 on the upside , eventually ending the session at $71.32, with a gain of 0.10% or 0.07 points. The heightened volatility saw the trading volume jump to 21,52,656 shares. The 52-week high of the share price is $71.5 and the company has a market cap of $63,670 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 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 is Reiterated by UBS to Neutral while Lowering the Price Target of the company shares to $ 67 from a previous price target of $69 . The Rating was issued on Feb 1, 2016.

Currently the company Insiders own 1.1% of Colgate-Palmolive Company shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by -7.65%.Institutional Investors own 74.03% of Colgate-Palmolive Company shares.During last six month period, the net percent change held by insiders has seen a change of -7.73%.

On Mar 10, 2016, Colgate-Palmolive Company announced a cash dividend of $0.3900. The company’s management has announced Apr 20, 2016 as the ex-dividend date and fixed the record date on Apr 22, 2016. The payable date has been fixed on May 16, 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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