Coty Inc. (COTY) Files Form 4 Insider Selling : Sebastien Froidefond Sells 3,983 Shares

Coty Inc. (COTY): Sebastien Froidefond , SVP of Human Resources of Coty Inc. sold 3,983 shares on Jul 11, 2016. The Insider selling transaction was reported by the company on Jul 13, 2016 to the Securities and Exchange Commission. The shares were sold at $27.02 per share for a total value of $107,628.62 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Dec 10, 2015, Robert S Singer (director) sold 8,335 shares at $27.15 per share price.On Nov 24, 2015, Mario Reis (EVP, Supply Chain) purchased 10,000 shares at $28.07 per share price.Also, On Nov 17, 2015, Erhard Schoewel (director) sold 1,539 shares at $28.00 per share price.On Sep 17, 2015, Kevin Monaco (SVP, Treasurer & IR) sold 120,000 shares at $28.64 per share price.

Shares of Coty Inc (COTY) ended Monday, Jul 11, 2016 session in red amid volatile trading. The shares closed down -0.05 points or -0.18% at $27.09 with 4,75,578 shares getting traded. Post opening the session at $26.95, the shares hit an intraday low of $26.92 and an intraday high of $27.25 and the price vacillated in this range throughout the day. The company has a market cap of $9,186 M and the number of outstanding shares has been calculated to be 33,90,87,100 shares. The 52-week high of Coty Inc is $31.6025 and the 52-week low is $21.4797.

Coty Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Coty Inc is Reiterated by Barclays to Equal Weight while Lowering the Price Target of the company shares to $ 26 from a previous price target of $27 . The Rating was issued on May 5, 2016.Coty Inc is Reiterated by Stifel to Buy while Lowering the Price Target of the company shares to $ 32 from a previous price target of $33 . The Rating was issued on May 4, 2016.Coty Inc is Downgraded by BofA/Merrill to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 18, 2016.

Coty Inc. is a beauty company. The Company manufactures and markets beauty products in the Fragrances Color Cosmetics and Skin & Body Care segments with distribution in over 130 countries and territories across both prestige and mass markets. Fragrances products include a variety of men’s and women’s products and include fashion designer celebrity and lifestyle brands. Color Cosmetics products include nail and other color cosmetics consisting of lip eye and other facial color products. Skin & Body Care products include shower gels deodorants skin care and sun treatment products. The Company’s top 10 brands include adidas Calvin Klein Chloe Davidoff Marc Jacobs OPI philosophy Playboy Rimmel and Sally Hansen.

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