Procter & Gamble Co (PG) Files Form 4 Insider Selling : Patrice Louvet Sells 8,385 Shares

Procter & Gamble Co (PG): Patrice Louvet , Group President, Global Beauty of Procter & Gamble Co sold 8,385 shares on May 18, 2016. The Insider selling transaction was reported by the company on May 19, 2016 to the Securities and Exchange Commission. The shares were sold at $79.60 per share for a total value of $667,461.94 , 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 9, 2016, Charles E Pierce (Group President Global Groomin) sold 3,275 shares at $81.61 per share price.On May 5, 2016, Alan G Lafley (Exec Chairman of the Board) sold 85,925 shares at $82.00 per share price.Also, On May 5, 2016, Suranjan Magesvaran (President – Asia Pacific SMO) sold 4,336 shares at $82.00 per share price.On May 4, 2016, Steven D Bishop (Group President Global Health) sold 1,932 shares at $81.29 per share price.

Procter & Gamble Co: On Thursday, May 19, 2016 heightened volatility was witnessed in Procter & Gamble Co which led to swings in the share price. The shares opened for trading at $79.64 and hit $80.225 on the upside , eventually ending the session at $80.19, with a gain of 0.43% or 0.34 points. The heightened volatility saw the trading volume jump to 62,42,522 shares. The 52-week high of the share price is $83.87 and the company has a market cap of $213,454 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.

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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