Coty Inc. (NYSE:COTY) insider Greerson Greene Mcmullen acquired 62,200 shares of the stock in a transaction on Wednesday, September 6th. The stock was bought at an average cost of $16.50 per share, for a total transaction of $1,026,300.00. Following the transaction, the insider now owns 161,707 shares of the company’s stock, valued at approximately $2,668,165.50. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link.

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

  • On Thursday, September 7th, Greerson Greene Mcmullen acquired 62,218 shares of Coty stock. The stock was bought at an average cost of $16.50 per share, for a total transaction of $1,026,597.00.
  • On Wednesday, June 14th, Greerson Greene Mcmullen acquired 20,200 shares of Coty stock. The stock was bought at an average cost 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. 4,397,025 shares of the stock traded hands. The company’s 50 day moving average price is $18.63 and its 200-day moving average price is $18.61. Coty Inc. has a 1-year low of $15.83 and a 1-year high of $25.34. The stock’s market cap is $12.33 billion.

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

ILLEGAL ACTIVITY NOTICE: “Insider Buying: Coty Inc. (COTY) Insider Buys 62,200 Shares of Stock” was originally reported by American Banking News and is the property of of American Banking News. If you are reading this article on another website, it was copied illegally and republished in violation of U.S. and international copyright legislation. The original version of this article can be accessed at https://www.americanbankingnews.com/2017/09/08/insider-buying-coty-inc-coty-insider-buys-62200-shares-of-stock.html.

Several analysts have commented on COTY shares. Deutsche Bank AG reaffirmed a “buy” rating and issued a $20.00 price objective (down previously from $22.00) on shares of Coty in a research report on Wednesday, August 23rd. BidaskClub raised shares of Coty from a “strong sell” rating to a “sell” rating in a research report on Thursday, July 27th. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $22.00 price objective on shares of Coty in a research report on Sunday, July 16th. Zacks Investment Research lowered shares of Coty from a “hold” rating to a “sell” rating in a research report on Thursday, July 20th. Finally, Jefferies Group LLC started coverage on shares of Coty in a research report on Friday, June 2nd. They issued a “hold” rating and a $17.00 price objective on the stock. Five analysts have rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the company’s stock. Coty has an average rating of “Hold” and a consensus price target 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.