Coty Inc. (NYSE:COTY) insider Greerson Greene Mcmullen purchased 62,218 shares of the company’s stock in a transaction that occurred on Thursday, September 7th. The shares were purchased at an average price of $16.50 per share, for a total transaction of $1,026,597.00. Following the purchase, the insider now directly owns 161,707 shares in the company, valued at $2,668,165.50. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Greerson Greene Mcmullen also recently made the following trade(s):

  • On Wednesday, September 6th, Greerson Greene Mcmullen purchased 62,200 shares of Coty stock. The shares were purchased at an average price of $16.50 per share, for a total transaction of $1,026,300.00.
  • On Wednesday, June 14th, Greerson Greene Mcmullen purchased 20,200 shares of Coty stock. The shares were purchased at an average price of $19.32 per share, for a total transaction of $390,264.00.

Coty Inc. (NYSE:COTY) traded up 0.73% during mid-day trading on Friday, hitting $16.47. The company had a trading volume of 4,397,025 shares. Coty Inc. has a 52-week low of $15.83 and a 52-week high of $25.34. The stock’s 50 day moving average price is $18.63 and its 200 day moving average price is $18.61. The firm’s market cap is $12.33 billion.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 14th. Investors of record on Friday, September 1st will be issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 3.04%. The ex-dividend date is Wednesday, August 30th. Coty’s dividend payout ratio (DPR) is -87.72%.

COPYRIGHT VIOLATION NOTICE: “Coty Inc. (COTY) Insider Purchases $1,026,597.00 in Stock” was first reported by American Banking News and is owned by of American Banking News. If you are reading this piece of content on another publication, it was illegally stolen and republished in violation of United States & international trademark and copyright legislation. The correct version of this piece of content can be read at https://www.americanbankingnews.com/2017/09/08/coty-inc-coty-insider-purchases-1026597-00-in-stock.html.

A number of research firms recently issued reports on COTY. Barclays PLC set a $19.00 price target on Coty and gave the stock a “hold” rating in a research note on Saturday, May 13th. Bank of America Corporation lowered their target price on Coty from $23.00 to $21.00 and set a “buy” rating on the stock in a research note on Wednesday, August 23rd. KeyCorp reiterated a “hold” rating on shares of Coty in a research note on Friday, August 25th. Jefferies Group LLC reiterated a “hold” rating and issued a $18.00 target price (up from $17.00) on shares of Coty in a research note on Wednesday, August 23rd. Finally, Stifel Nicolaus set a $25.00 target price on Coty and gave the company a “buy” rating in a research note on Monday, August 21st. Five investment analysts have rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the stock. Coty presently has an average rating of “Hold” and an average target price of $20.54.

About Coty

Coty Inc is a beauty company. The Company operates through four segments: Fragrances, Color Cosmetics, Skin & Body Care and Brazil Acquisition. Its fragrance products include a range of men’s and women’s products. Its fragrance brands include Calvin Klein, Marc Jacobs, Davidoff, Chloe, Balenciaga, Beyonce, Bottega Veneta, Miu Miu and Roberto Cavalli.

Insider Buying and Selling by Quarter for Coty (NYSE:COTY)

Receive News & Ratings for Coty Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coty Inc. and related companies with MarketBeat.com's FREE daily email newsletter.