Traders sold shares of Procter & Gamble Co. (NYSE:PG) on strength during trading on Tuesday after an insider sold shares in the company. $118.88 million flowed into the stock on the tick-up and $183.94 million flowed out of the stock on the tick-down, for a money net flow of $65.06 million out of the stock. Of all stocks tracked, Procter & Gamble Co. had the 0th highest net out-flow for the day. Procter & Gamble Co. traded up $0.21 for the day and closed at $88.58Specifically, CEO David S. Taylor sold 72,525 shares of the company’s stock in a transaction on Friday, August 5th. The shares were sold at an average price of $85.76, for a total value of $6,219,744.00. Following the completion of the transaction, the chief executive officer now owns 136,933 shares in the company, valued at $11,743,374.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Juan Fernando Posada sold 10,000 shares of the company’s stock in a transaction on Monday, September 19th. The shares were sold at an average price of $88.58, for a total transaction of $885,800.00. Following the completion of the transaction, the insider now owns 26,452 shares of the company’s stock, valued at approximately $2,343,118.16. The disclosure for this sale can be found here. 0.35% of the stock is owned by corporate insiders.

Several research firms have issued reports on PG. Johnson Rice upgraded shares of Procter & Gamble Co. from an “accumulate” rating to a “buy” rating in a research note on Friday, August 26th. B. Riley upgraded shares of Procter & Gamble Co. to a “buy” rating and set a $105.00 price objective for the company in a research note on Saturday, August 20th. Deutsche Bank AG restated a “buy” rating and issued a $95.00 price objective on shares of Procter & Gamble Co. in a research note on Saturday, August 13th. Vetr upgraded shares of Procter & Gamble Co. from a “sell” rating to a “buy” rating and set a $94.44 price objective for the company in a research note on Friday, August 12th. Finally, Bank of America Corp. set a $95.00 price objective on shares of Procter & Gamble Co. and gave the company a “buy” rating in a research note on Wednesday, August 10th. Ten investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $89.58.

The firm has a market capitalization of $234.32 billion, a price-to-earnings ratio of 23.77 and a beta of 0.51. The firm has a 50-day moving average price of $87.30 and a 200 day moving average price of $84.00.

Procter & Gamble Co. (NYSE:PG) last posted its earnings results on Tuesday, August 2nd. The company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.74 by $0.05. The firm earned $16.10 billion during the quarter, compared to analyst estimates of $15.83 billion. Procter & Gamble Co. had a net margin of 16.09% and a return on equity of 17.48%. Procter & Gamble Co.’s revenue was down 2.7% on a year-over-year basis. During the same period in the previous year, the business posted $1.00 EPS. Equities analysts predict that Procter & Gamble Co. will post $0.02 earnings per share for the current year.

A number of hedge funds and other institutional investors have recently bought and sold shares of PG. Americafirst Capital Management LLC purchased a new position in Procter & Gamble Co. during the second quarter worth about $112,000. Signature Estate & Investment Advisors LLC purchased a new position in Procter & Gamble Co. during the second quarter worth about $122,000. Global X Management Co. LLC raised its position in Procter & Gamble Co. by 259.5% in the second quarter. Global X Management Co. LLC now owns 1,517 shares of the company’s stock worth $128,000 after buying an additional 1,095 shares during the last quarter. Lenox Wealth Advisors Inc. raised its position in Procter & Gamble Co. by 0.5% in the second quarter. Lenox Wealth Advisors Inc. now owns 1,840 shares of the company’s stock worth $156,000 after buying an additional 10 shares during the last quarter. Finally, Cypress Capital Management LLC WY purchased a new position in Procter & Gamble Co. during the second quarter worth about $157,000. 58.73% of the stock is owned by hedge funds and other institutional investors.

Procter & Gamble Co. Company Profile

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.

5 Day Chart for NYSE:PG

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