Procter & Gamble Co (PG) Files Form 4 Insider Selling : Alan G Lafley Sells 85,925 Shares

Procter & Gamble Co (PG): Alan G Lafley , Exec Chairman of the Board of Procter & Gamble Co sold 85,925 shares on May 5, 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 $82.00 per share for a total value of $7,045,850.00 , 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 4, 2016, Charles E Pierce (Group President Global Groomin) sold 2,697 shares at $81.29 per share price.On May 4, 2016, Steven D Bishop (Group President Global Health) sold 1,932 shares at $81.29 per share price.Also, On May 4, 2016, Patrice Louvet (Group President, Global Beauty) sold 2,288 shares at $81.29 per share price.On May 3, 2016, Kathleen B Fish (Chief Technology Officer) sold 4,986 shares at $81.08 per share price.

Procter & Gamble Co: On Wednesday, May 4, 2016 heightened volatility was witnessed in Procter & Gamble Co which led to swings in the share price. The shares opened for trading at $80.87 and hit $81.77 on the upside , eventually ending the session at $81.6, with a gain of 0.62% or 0.5 points. The heightened volatility saw the trading volume jump to 73,65,945 shares. The 52-week high of the share price is $83.87 and the company has a market cap of $217,207 M . The 52-week low of the share price is at $65.02.

Procter & Gamble Co Money Flow Index Chart

Company has been under the radar of several Street Analysts.Procter & Gamble Co is Reiterated by UBS to Neutral while Lowering the Price Target of the company shares to $ 85 from a previous price target of $88 . The Rating was issued on Apr 27, 2016.Procter & Gamble Co is Reiterated by B. Riley & Co. to Neutral while Lowering the Price Target of the company shares to $ 74 from a previous price target of $81 . The Rating was issued on Mar 30, 2016.Procter & Gamble Co is Upgraded by Sterne Agee CRT to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Feb 16, 2016.

The Procter & Gamble Company (P&G) provides consumer packaged goods. The Company operates in five segments under GBUs: Beauty which offers a range of products ranging from deodorants to cosmetics to skin care; Grooming which includes blades razors and electronic hair removal devices such as electric razors and epilators; Health Care which includes oral care and personal health care products.; Fabric Care and Home Care which consists of a range of fabric care products home care products and batteries and Baby Feminine and Family Care which offers diapers pants baby wipe Bounty paper towel and Charmin toilet paper brands. The Company’s products are sold in over 180 countries and territories. P&G’s customers include mass merchandisers grocery stores membership club stores drug stores department stores salons distributors e-commerce and stores.

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