Coty Inc. (NYSE:COTY) SVP Ayesha Zafar bought 21,570 shares of the company’s stock in a transaction on Wednesday, September 13th. The stock was bought at an average cost of $17.11 per share, with a total value of $369,062.70. Following the completion of the purchase, the senior vice president now owns 10,000 shares of the company’s stock, valued at approximately $171,100. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of Coty Inc. (NYSE COTY) traded down 0.09% on Thursday, reaching $17.16. 6,815,474 shares of the company were exchanged. The company’s 50-day moving average price is $18.29 and its 200 day moving average price is $18.54. Coty Inc. has a 12 month low of $15.83 and a 12 month high of $25.34. The company’s market cap is $12.84 billion.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 14th. Shareholders of record on Friday, September 1st will be issued a $0.125 dividend. The ex-dividend date is Wednesday, August 30th. This represents a $0.50 annualized dividend and a yield of 2.91%. Coty’s dividend payout ratio (DPR) is presently -87.72%.

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A number of equities analysts have weighed in on the stock. Berenberg Bank downgraded shares of Coty from a “hold” rating to a “sell” rating and dropped their target price for the stock from $17.50 to $15.00 in a research note on Wednesday, August 30th. BMO Capital Markets set a $24.00 target price on shares of Coty and gave the stock a “buy” rating in a research note on Tuesday, August 22nd. BidaskClub downgraded shares of Coty from a “sell” rating to a “strong sell” rating in a research note on Wednesday, July 12th. Bank of America Corporation dropped their target price on shares of Coty from $23.00 to $21.00 and set a “buy” rating for the company in a research note on Wednesday, August 23rd. Finally, Societe Generale began coverage on shares of Coty in a research report on Monday, June 12th. They set a “buy” rating and a $21.00 price target for the company. Five equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the stock. Coty currently has an average rating of “Hold” and a consensus 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)

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