Kimberly Clark Corp (KMB) Files Form 4 Insider Selling : Kimberly K Underhill Sells 3,073 Shares

Kimberly Clark Corp (KMB): Kimberly K Underhill , President, KCP of Kimberly Clark Corp sold 3,073 shares on May 5, 2016. The Insider selling transaction was reported by the company on May 9, 2016 to the Securities and Exchange Commission. The shares were sold at $127.77 per share for a total value of $392,631.69 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 29, 2016, Thomas J. Mielke (SVP – General Counsel) sold 10,965 shares at $132.73 per share price.On Feb 23, 2016, Anthony J. Palmer (Pres Global Brands & Inno) sold 6,524 shares at $130.93 per share price.Also, On Feb 23, 2016, Lizanne C Gottung (SVP & Chief HR Officer) sold 4,337 shares at $132.01 per share price.On Feb 23, 2016, Michael T. Azbell (Vice President and Controller) sold 3,402 shares at $132.55 per share price.

Kimberly Clark Corp: On Friday, May 6, 2016 heightened volatility was witnessed in Kimberly Clark Corp which led to swings in the share price. The shares opened for trading at $127.5 and hit $128.12 on the upside , eventually ending the session at $127.92, with a gain of 0.44% or 0.56 points. The heightened volatility saw the trading volume jump to 14,55,613 shares. The 52-week high of the share price is $138.755 and the company has a market cap of $46,068 M . The 52-week low of the share price is at $103.04.

Kimberly Clark Corp Money Flow Index Chart

Company has been under the radar of several Street Analysts.Kimberly Clark Corp is Downgraded by Deutsche Bank to Hold while Lowering the Price Target of the company shares to $ 130 from a previous price target of $145 . Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 25, 2016.Kimberly Clark Corp is Reiterated by UBS to Neutral while Lowering the Price Target of the company shares to $ 134 from a previous price target of $143 . The Rating was issued on Apr 25, 2016.

Kimberly-Clark Corporation is engaged in the manufacturing and marketing of products made from natural or synthetic fibers. The Company’s operating segments are based on product groupings. The Company operates in three segments which include Personal Care which offers solutions and products such as disposable diapers training and youth pants swimpants baby wipes feminine and incontinence care products and other related products; Consumer Tissue offers products such as facial and bathroom tissue paper towels napkins and related products and K-C Professional (KCP) offers solutions and supporting products such as apparel wipers soaps sanitizers tissue and towels. The Company’s brands include Huggies Pull-Ups Little Swimmers GoodNites DryNites Kotex U by Kotex Intimus Depend Plenitud Poise Kleenex Scott Cottonelle Viva Andrex Scottex Neve WypAll Kimtech and Jackson Safety among others.

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